Korea calls for Asia-Pacific cooperation in energy, supply chains amid Middle East conflict
Korea has called for greater cooperation in energy markets and global supply chains among the stakeholders in the Asia-Pacific as a way to address challenges arising from the Iran war, the Ministry of Foreign Affairs said Tuesday.
Ryu Ho-kwon, director general for international economic affairs at the Foreign Ministry, made the call during a conference of the United Nations Economic and Social Commission for Asia and the Pacific (Escap) in Bangkok on Monday, the ministry said in a release.
The UN Escap is an intergovernmental body established in 1947 as one of the five regional commissions under the United Nations Economic and Social Council, with a role in promoting economic and social cooperation in the Asia-Pacific region.
Ryu highlighted the impact of the Iran war on the energy markets, maritime routes of the Asia-Pacific region and global supply chains, calling for enhanced regional cooperation to address the challenges, the ministry said.
Ryu also met with UN ESCAP Secretary-General Armida Salsiah Alisjahbana on the sidelines of the conference and discussed efforts to boost cooperation between Korea and the UN body and expand Korean presence at international organizations.
Yonhap