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…
Korea and the European Union are seeking to strengthen their supply chain ties as industry rules evolve, according to a report from The Korea Times. Industry Minister Kim Jung-kwan met with EU officials to address concerns over proposed EU rules, including the EU Industrial Accelerator Act and the Korea-EU Competitiveness Partnership.
Kim emphasized the importance of deepening cooperation between the two economic partners, who share commitments to free trade and a rules-based international order. He highlighted Korea's manufacturing strengths in advanced industries such as semiconductors and batteries, suggesting that these could complement European capabilities and help both sides strengthen supply chain resilience and industrial competitiveness.
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.
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