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2024-05-28 03:13:26

AsiaOne on Nostr: China's premier hails 'new beginning' with US-allied South Korea, Japan ========== ...

China's premier hails 'new beginning' with US-allied South Korea, Japan
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Chinese Premier Li Qiang praised the restart in relations with Japan and South Korea during a three-way summit in Seoul. The leaders agreed to revive trade and security dialogues that had been stalled since 2019. Li called for the comprehensive resumption of cooperation between the three countries, emphasizing the need to separate politics from economic and trade issues. The trilateral summit aimed to reduce frictions and manage mutual distrust amid tensions between China and the US, as well as issues related to Taiwan and North Korea's nuclear program. The joint declaration released after the meeting called for regular communication at the highest levels and collaboration on various areas, including climate change, health, and trade. The leaders also issued separate joint statements on pandemic preparation and intellectual property protection. The trade relationship between China, South Korea, and Japan has been further tested by US calls for supply chain diversification away from China. The leaders agreed to build a transparent and predictable trade and supply chain environment. The summit also included a forum with top business executives from the three countries, who expressed the need for better access and improved business environment for foreign companies in China. The last FTA negotiation in 2019 resulted in agreements on liberalization in various areas.

#China #SouthKorea #Japan #LiQiang #FumioKishida #YoonSukyeol #Trade #Security #Cooperation #Politics #Economy #SupplyChains #Summit

https://www.asiaone.com/asia/chinas-premier-hails-new-beginning-us-allied-south-korea-japan
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