Sunday, September 29, 2024
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South Korea and Britain… new cooperation in economic relations

South Korea and Britain… new cooperation in economic relations

Yonhap News Agency quoted the Ministry of Finance in the South Korean capital, on Sunday, as saying that the inaugural meeting of the bilateral economic and financial dialogue was held in… London South Korean Deputy Finance Minister Choi Ji-yong and Director-General of the British Treasury Lindsay White attended the meeting.

She added that the two sides agreed to launch a new dialogue channel between the two countries’ finance ministries. They also exchanged views on local and global economic conditions, and discussed how to enhance bilateral cooperation on supply chains and other economic security issues, multilateral economic cooperation, and responses to climate change.

She said the two sides also discussed new carbon tax rules in Europeunder the carbon border adjustment mechanism.

Bonhap indicated that Choi met with major investors in… Britain He asked them to increase their investments in South Korea He explained to them the financial conditions in the country, investment incentives and various bonds in foreign currency.



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