Japanese and South Korean business leaders met in a Tokyo hotel on May 17 amid improving bilateral ties following last year’s summit talks held for the first time in three and half years. Their discussions included strengthening bilateral ties on the economic front as well.
On the Trans-Pacific Partnership trade pact, Keidanren Chairman Sadayuki Sakakibara said, “I hear the South Korean government and South Korean business leaders are positive about participating in the TPP. We hope for the country’s early accession.”
Mikio Sasaki, chairman of the Japan-Korea Economic Association, the host of the conference, noted that “it is important for Japan and South Korea to build a single economic zone and facilitate their collaboration.” A South Korean representative stressed the need for the two countries to work together to build a supply chain.”
The participants will discuss cooperation between Japan and South Korea in resource development in other countries and adopt a joint statement on May 18. (Abridged)