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

SEOUL, Aug. 21 (Yonhap) -- South Korea and Japan held a vice finance ministerial...

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

South Korea and Japan convened a vice finance ministerial-level meeting in Tokyo on August 21 to discuss bilateral exchanges and recent global financial market trends, according to the Korean finance ministry. Moon Ji-sung, deputy minister for international affairs at the Ministry of Finance and Economy, convened with Atsushi Mimura, Japan's vice minister of finance.

During the discussion, both nations exchanged perspectives on recent economic developments and financial market conditions, while sharing their respective governments' efforts to tackle associated challenges. They also delved into strategies to enhance bilateral interactions and addressed pending issues on multilateral platforms, including ASEAN+3 and the G20.

The finance authorities of both countries pledged to maintain close coordination at both senior and working levels. Moon Ji-sung previously mentioned that South Korea was maintaining close coordination with Japan amid market speculation regarding potential intervention by Seoul and Tokyo's financial authorities in the foreign exchange market.

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

Read the original at en.yna.co.kr →

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