2023-05-01 04:26:00
The 33rd trade promotion committee held… IPEF Discusses Korea-Ecuador SECA Negotiation Promotion Plan
government india‧It will focus its negotiating power on trade cooperation discussions centering on the Pacific region.
The Ministry of Trade, Industry and Energy announced on the 1st that it held the 33rd Trade Promotion Committee (Collaborative Committee) presided over by Deok-geun Ahn, head of the Trade Negotiation Headquarters. At the IPCC, △International Economic Framework (IPEF) 3rd negotiation plan △Korea-Ecuador SECA 9th official negotiation results and future plans △APEC trade ministers meeting preparation status and response direction △Industrial energy sector GHG reduction progress abroad and a total of 4 tasks were discussed as agenda items.
Director Ahn diagnosed the recent economic situation at the meeting. “Recently, the formation of a trade order to respond to new trade agendas, including supply chain, high-tech competition, and digital green transition, is accelerating, especially in the Indo-Pacific region,” he explained.
Next, Director Ahn said, “With the president’s state visit as an opportunity, we held a Korea-US supply chain industry dialogue and announced a ministerial declaration that minimizes the burden on companies when implementing semiconductor laws and export controls.” (MOU) to strengthen cooperation with the United States in high-tech industries.”
Director Ahn especially emphasized trade cooperation with the Indo-Pacific region. He said, “Negotiations on the International Economic and Trade Framework (IPEF), a representative economic and trade cooperation that deals with the new trade agenda, are currently progressing with a sense of speed.” All ministries and departments will focus their efforts on trade,” he said.
In preparation for future negotiations, the ICC reviewed Korea’s position and specific response direction in four areas: trade, supply chain, clean economy, and fair economy. The third round of IPEF negotiations will be held in Singapore from the 8th to the 15th.
An official from the Ministry of Trade, Industry and Energy said, “IPEF is the center of economic cooperation in the Indian-Pacific region and will effectively respond to the stabilization and diversification of supply chains and the transition to clean energy.” I will look for it,” he said.
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