Korea, EU seek stronger supply chain ties as industry rules evolve
Korea's Industry Minister Kim Jung-kwan met with senior European Union officials to press for closer industrial cooperation and raise concerns over proposed EU rules that could reshape supply chains. Kim met with Stephane Sejourne, EU executive vice president for prosperity and industrial strategy, to discuss the EU Industrial Accelerator Act, the Korea-EU Competitiveness Partnership and plans…
South Korean Industry Minister Kim Jung-kwan met with European Union officials to push for strengthened industrial collaboration and address worries over forthcoming EU regulations that may alter supply chains. The discussions took place with EU Executive Vice President Stephane Sejourne, focusing on the EU Industrial Accelerator Act, the Korea-EU Competitiveness Partnership, and the prospect of a high-level economic dialogue.
Kim also engaged separately with European Parliament member Dirk Gotink, expressing Korea's concerns about certain provisions under consideration in the European Parliament.
Kim emphasized that Korea and the EU, as trade partners committed to free trade and a rules-based international order, should deepen cooperation amid growing geopolitical uncertainty, supply chain restructuring, and technological competition. He highlighted Korea's manufacturing expertise in advanced sectors like semiconductors and batteries, suggesting that these strengths could complement European capabilities.
By enhancing supply chain resilience and industrial competitiveness, both nations could mutually benefit and fortify their positions in the evolving global 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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