The Korea Times
Korea and the European Union (EU) agreed Friday to form a strategic economic partnership to expand bilateral ties in trade and economic security amid heightened global uncertainties, Seoul's trade ministry said. The agreement was made during the inaugural Korea-EU next-generation strategic dialogue held in Seoul to help the two sides explore deeper cooperation in trade, supply chains and technology, according to the Ministry of Trade, Industry and Resources. Friday's meeting was attended by Korean Trade Minister Yeo Han-koo and the EU's commissioner for trade and economic security, Maros Sefcovic. "Through this meeting, Korea and the EU successfully evolved their bilateral relations into a next-generation strategic partnership incorporating economic security, supply chains and advanced technologies from a traditional partnership centered on trade and commerce," Yeo said in a press release. The ministry said the Korea-EU strategic economic partnership will serve as a cooperation framework between the two economies, noting the two sides will discuss the details of the new framework in the
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