INSUBCONTINENT EXCLUSIVE:
China, Japan and South Korea on Sunday agreed to enhance trade cooperation as the financial and trade ministers of the three nations
satisfied in Seoul.The conference was participated in by Chinese Commerce Minister Wang Wentao, South Korean Minister of Trade, Industry and
Energy Ahn Duk-geun and Japanese Minister of Economy, Trade and Industry Yoji Muto.According to a joint statement released after the
conference, the three nations accepted reinforce cooperation under regional and multilateral frameworks such as the World Trade
Organization, the Regional Comprehensive Economic Partnership Agreement and the Asia-Pacific Economic Cooperation.They pledged to speed up
the settlements procedure on free trade contract (FTA), hold dialogue on enhancing supply chain cooperation and export control, along with
deepen cooperation in the digital and green economies.The 3 nations likewise prompted joint efforts to deepen regional cooperation and
develop a favorable organization environment for business cooperation.Speaking at the conference, Wang said that China, Japan and South
Korea are geographically close, culturally and commercially linked, and the 3 nations economic and trade cooperation has accomplished
productive results.He explained that under the impact of unilateralism and the spread of protectionism, the world economy is facing
increasing down pressure.As important economies in the region and the world, China, Japan and South Korea should jointly safeguard free
trade and the multilateral trading system, oppose unilateralism and protectionism, and continue to press forward regional financial
combination, so as to inject strong motivation into the prosperity and advancement of the world economy, Wang stressed.The Chinese
authorities likewise said China will unswervingly promote top quality advancement and expand top-level opening up to the outdoors world, and
is willing to share advancement chances with other countries worldwide, consisting of South Korea and Japan.
