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South Korea, China industry ministers agree to cooperate in evolving global environment, Seoul says

  • South Korea's Industry Minister Ahn Duk-geun and China's Commerce Minister Wang Wentao met to discuss cooperation amid changing global trade conditions, according to South Korea's Ministry of Trade, Industry and Energy.
  • The ministers agreed to collaborate on trade issues and supply chains for critical minerals, emphasizing economic cooperation amid rising trade tensions.
  • Ahn expressed concerns that a new 25% tariff on autos announced by U.S. President Donald Trump would create 'considerable difficulties' for South Korean automakers.
  • Both nations plan to collaborate within the frameworks of the World Trade Organization and APEC, with upcoming summits noted.
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Devdiscourse broke the news in India on Saturday, March 29, 2025.
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