Korea, France to set up cooperation channel on strategic industries, trade
Korea and France have agreed to set up a cooperation channel covering strategic industries, trade and supply chains as they seek to deepen economic ties, Seoul's industry ministry said Monday. Industry Minister Kim Jung-kwan held talks with Roland Lescure, France's minister for the economy, finance, industry, energy and digital sovereignty, in Paris on Monday on the sidelines of President Lee Jae…
Korea and France have agreed to establish a cooperation channel that will cover strategic industries, trade, and supply chains, according to Seoul's industry ministry. The agreement was reached during talks between Industry Minister Kim Jung-kwan and French Minister for the Economy, Finance, Industry, Energy, and Digital Sovereignty, Roland Lescure, held in Paris on Monday. The announcement came on the sidelines of President Lee Jae Myung's visit to France.
The two nations have agreed to initiate a "strategic industrial dialogue," a ministerial-level platform for discussing trade issues and industrial policy. The Korean government plans to utilize this newly established dialogue to address challenges faced by Korean companies operating in France, while also exploring new cooperation projects in advanced industries and supply chains.
Kim expressed his desire for France to enhance its electric vehicle (EV) subsidy scheme to ensure that Korean-made EVs are treated fairly in the French market.
Kim also welcomed the European Union's Industrial Acceleration Act (IAA), stating that it demonstrated the bloc's commitment to expanding its industrial agenda.
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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