Korea, Japan Launch Economic Solidarity Roadmap
The Chey Institute for Advanced Studies and the East Asia Institute jointly held the “Conference on Designing a Roadmap for Korea-Japan Economic Solidarity” on Nov. 12 at the Korea Foundation for Advanced Studies Conference Hall in Gangnam-gu, Seoul.In a video keynote address, SK Group Chairman and
On November 12, the Korea Foundation for Advanced Studies hosted a conference titled "Designing a Roadmap for Korea-Japan Economic Solidarity." SK Group Chairman Chey Tae-won emphasized the need to turn this vision into a concrete implementation strategy. Chey proposed setting specific goals, such as economic cooperation levels three years from now, industries that can generate joint achievements five years from now, and tangible benefits felt ten years from now.
A permanent cooperation platform, open to business, academia, and research institutions, is being prepared.
Professor Son Yul of Yonsei University described the next decade as a "critical period" that will shape the direction of economic solidarity. He outlined a three-phase roadmap through 2045: a cooperation phase (2026-2031) with key milestones like Korea's accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, a structuralization phase (2032-2036) that ends with a comprehensive economic partnership, and a final phase (2037-2045) for institutionalizing integration with a Korea-Japan Economic Community Agreement.
Japan's Takashi Terada proposed a Korea-Japan Economic 3+3 Consultative Body, comprising foreign affairs, industry and trade, and finance ministries, to ensure an enduring institutional foundation. In economic security, participants discussed supply chain stability and the security of emerging technologies, with a focus on joint development of AI semiconductors. Korea's strong mass production capabilities and Japan's materials and equipment expertise are seen as a potential synergy.
The digital sector's high dependence on overseas sources was also addressed. Choi Jeong-hwan suggested a Korea-Japan Digital Trade Agreement and joint efforts in data for physical AI, proposing to combine Japan's sensor technology with Korea's manufacturing data. Lee Ji-pyeong highlighted the importance of immediate cooperation in physical AI, which upgrades industrial robots.
Kim Hang of Yonsei University suggested "art tourism" as a cultural cooperation model, tying small regional cities in both countries through international art festivals and tourism programs.
Participants also advocated expanding AI cooperation to third countries, with Lee Jung-hwan proposing a joint fund and business programs to execute AI development cooperation.
Written by urgent.news from BusinessKorea's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
