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Korea to lead international supply chain Crisis Response Network

Korea will lead the Crisis Response Network addressing supply chain crises under Indo-Pacific Economic Framework, with Japan serving as vice chair.

2024.7.30

President Yoon Suk Yeol speaks during a government-public debate held in Incheon on Thursday. [NEWS1]

IPEF supply chain agreement to take effect in Korea next month

The Indo-Pacific Economic Framework for Prosperity was passed in a cabinet meeting, moving the country closer to establishing supply chain resilience with partner nations in the region.

2024.3.7

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President Yoon Suk Yeol at the APEC summit in San Francisco on Thursday. [YONHAP]

IPEF member states agree to establish 'critical mineral dialogue'

President Yoon Suk Yeol and other leaders of the U.S.-led Indo-Pacific Economic Framework (IPEF) agreed to establish a “critical mineral dialogue” in establishing a stable supply network of essential minerals among member countries.

2023.11.17

Korean Trade Minister Ahn Duk-geun and ministers of 13 countries of the U.S.-led Indo-Pacific Economic Framework for Prosperity (IPEF) hold a meeting on supply chain resilience in Detroit on May 27. [YONHAP]

Korea reaches deal with 13 IPEF countries on supply chain resilience

Korea reached an agreement with 13 other countries in the U.S.-led Indo-Pacific Economic Framework (IPEF) for supply chain resilience in an effort to reduce economic dependence on China.

2023.5.28

Korean Trade Minister Ahn Duk-geun, left, speaks with U.S. congressman Adrian Smith during their meeting on Capitol Hill in Washington on Sept. 6. [YONHAP]

Trade Minister Ahn to attend ministerial IPEF meeting

Korean Trade Minister Ahn Duk-geun will attend a ministerial meeting of the U.S.-led Indo-Pacific Economic Framework (IPEF) in Los Angeles this week ahead of the launch of official negotiations among member nations, ...

2022.9.8

Malaysian Ambassador to Korea Lim Juay Jin speaks with the Korea JoongAng Daily at the embassy in Seoul on Tuesday. [PARK SANG-MOON]

[INTERVIEW] Truly Asian envoy has ties to Korea going back decades

There is no single way to explain the global popularity of Korean dramas, music and films, but one country in Southeast Asia was an early adopter. “BTS has been a worldwide phenomenon, no doubt about that, but even a relatively middle aged man...

2022.9.1

Finance Minister Choo Kyung-ho in a government meeting discussing IPEF at the government complex in Seoul on Friday. [YONHAP]

Korea will join IPEF on its own terms: Finance Minister Choo

Ahead of the inaugural meeting of the Indo-Pacific Economic Framework (IPEF) in the United States next month, Korea is staking out its strategy and getting its plan in order.

2022.8.21

President Yoon Suk-yeol, right, in a policy briefing meeting with Defense Minister Lee Jong-sup at the presidential office in Seoul on Friday. [PRESIDENTIAL OFFICE OF KOREA]

President Yoon Suk-yeol calls for strong missile defense against North Korea

President Yoon Suk-yeol ordered the creation of a strong missile defense mechanism against North Korean nuclear threat on Friday. In a policy meeting with Defense Minister Lee Jong-sup at the presidential office, Yoon ordered Lee to…

2022.7.22

IPEF, Korea and the China factor

The South Korea-U.S. relationship is evolving to a comprehensive strategic alliance to include economy and technology in addition to security.

2022.6.5

IPEF members will get first look from American companies for investment: Raimondo

The countries that sign on to the U.S.-led Indo-Pacific Economic Framework (IPEF) will receive priority consideration for any future investment from American companies, U.S. Commerce Secretary Gina Raimondo said Tuesday. Raimondo also insisted ...

2022.6.1