Korea, Japan finance ministries discuss bilateral exchanges, latest economic developments

The Korea Times reports that Korea and Japan held a vice finance ministerial-level meeting in Tokyo on Friday to discuss bilateral exchanges and the latest trends in global financial markets. Moon Ji-sung, deputy minister for international affairs at the Ministry of Finance and Economy, met with Atsushi Mimura, Japan's vice minister of finance.

During the meeting, both countries exchanged views on recent developments in the global economy and financial markets, while sharing their respective governments' efforts to address related challenges. They also discussed ways to promote bilateral exchanges as well as pending issues on multilateral platforms, such as ASEAN+3 and the Group of 20 (G20).

The finance authorities of both countries vowed to continue close coordination at both the senior and working levels. Moon noted last month that South Korea was maintaining close coordination with Japan amid market speculation that Seoul and Tokyo's financial authorities had intervened in the foreign exchange market.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.