S. Korea launches private-public negotiation team to discuss IPEF
Updated: 2022-06-23 17:17:35 KST
South Korea has launched a negotiation team for the U.S.-led Indo-Pacific Economic Framework made up of public and private experts.
The Ministry of Trade Industry and Energy held a meeting on Thursday to boost the dialogue between the government and private organizations regarding the country's strategies in the IPEF.
During the meeting, the ministry shared the trends being discussed at IPEF with major economic groups and business experts.
The negotiation team will form working groups and come up with appropriate measures in four areas: trade, supply chains, renewable energy and anti-corruption.
Last month, the country announced its participation in the regional initiative for economic cooperation launched by U.S. President Joe Biden.