Economic leaders of Japan, South Korea, China say important to improve ties - joint message

Kitco Media
By Reuters
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Updated:
Reuters
INCHEON, South Korea, May 2 (Reuters) - Economic leaders of Japan, South Korea and China said in a joint message that they recognise the importance of strengthening economic and trade relations to secure post-pandemic growth, minimize any lasting negative effects, and prepare for future shocks. The finance ministers and central bank governors of the three countries said they have observed a slowdown in economic relations recently, particularly in terms of trade in goods and services, despite their close economic relationships. The joint message came after their trilateral meeting on Tuesday. It also said the three countries fully support implementation of Regional Comprehensive Economic Partnership (RCEP) Agreement and agree on needs to progress effectiveness of the Chiang Mai Initiative Multilateralisation (CMIM). (Reporting by Leika Kihara and Jihoon Lee; Editing by Kim Coghill)

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