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

Korea and Japan held a vice finance ministerial-level meeting in Japan on Friday to discuss bilateral exchanges and the latest trends in global financial markets, the finance ministry said. 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, in Tokyo. During the meeting, the two countries…

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

On Friday, South Korea and Japan convened a vice finance ministerial-level meeting in Tokyo to discuss bilateral exchanges and recent global economic trends, according to the Korean finance ministry. The meeting took place between Moon Ji-sung, deputy minister for international affairs at the Ministry of Finance and Economy, and Atsushi Mimura, Japan's vice minister of finance.

During the discussions, the two countries exchanged insights on the latest developments in the global economy and financial markets. They also shared the efforts of their respective governments to tackle related challenges. In addition, they explored avenues to enhance bilateral exchanges and addressed pending issues on multilateral platforms, including ASEAN+3 and the Group of 20 (G20).

Both nations' finance authorities pledged to maintain close coordination at both senior and working levels, the finance ministry reported. Moon had previously mentioned that South Korea was closely coordinating with Japan due to market speculation regarding potential intervention by Seoul and Tokyo's financial authorities in the foreign exchange market.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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