The Federation of Korean Industries and the Japan Federation of Economic Organizations have agreed to establish a joint operating committee as a follow-up to the announcement of the Korea-Japan-Korea Future Partnership Fund.
The Federation of Korean Industries and Keidanren announced the progress of the Korea-Japan-Korea Future Partnership Fund at the Tokyo Keidanren Hall on the 10th and decided to set up a joint operating committee.
Acting FKI Chairman Kim Byeong-joon said in a statement that day, “The two organizations agreed to establish a joint steering committee to determine specific business details, and the presidents of both organizations will serve as the joint steering committee chair.”
On the Korean side, Samyang Holdings Chairman Kim Yoon, Kolon Honorary Chairman Lee Woong-yeol, and FKI Executive Director Bae Sang-geun were appointed as the Korean steering committee members. Kang Seong-jin, a professor at Korea University, was appointed as the chairman of the advisory committee on the Korean side.
Members of the Japanese steering committee were Yasuhiro Sato, special advisor to Mizuho Financial Group, Toshiaki Higashihara, president of Hitachi Manufacturing, and Masakazu Kubota, vice president of Keidanren. Yukiko Fukagawa, a professor at the Academy of Political Science and Economics at Waseda University, was appointed as the chairman of the Japanese advisory committee.
Keidanren Chairman Masakazu Tokura said, “The two organizations shared the view that it is important to further accelerate the trend of sounding the relationship between the two countries and to solidify the path to building a future-oriented relationship.”
The Federation of Korean Industries and the Federation of Economics and Trade will first promote exchanges between future generations and strengthen industrial cooperation between the two countries as a joint project.
To this end, the two organizations will hold the ‘Korea-Japan Industrial Cooperation Forum’ in Seoul in July.
Examples of joint projects related to future generation exchanges include strengthening exchanges between universities of the two countries, inviting Korean high school teachers to Japan, and internships.
Five joint projects related to strengthening industrial cooperation were decided to be specified and detailed.
First of all, the two organizations will set out to improve the environment for economic security in order to strengthen the semiconductor supply chain and ensure resource and energy security.
In addition, ▲maintenance and reinforcement of free and open international order ▲realization of green transition and digital transformation ▲strengthening international competitiveness of industries (regulation deregulation, cooperation with start-ups, promotion of entertainment and contents industries, cooperation with third-country markets) ▲global tasks such as the spread of contagious diseases response, etc.
Kim Bong-man, head of the International Headquarters of the FKI, said, “Through the Korea-Japan-Japan-Korea Future Partnership Fund Joint Steering Committee, we will discover and implement joint projects for future-oriented development of the two countries, and strive to increase mutual understanding between the people of Korea and Japan.”
Source: Donga
Mark Jones is a world traveler and journalist for News Rebeat. With a curious mind and a love of adventure, Mark brings a unique perspective to the latest global events and provides in-depth and thought-provoking coverage of the world at large.