Japanese and South Korean Leaders Agree to Energy and Supply Chain Cooperation
Everything seems to have gone well during the Lee-Takaichi summit. Hopefully the positive direction of Korea-Japan relations continues:
President Lee Jae Myung and Japanese Prime Minister Sanae Takaichi agreed to strengthen cooperation on supply chains, including crude oil and liquefied natural gas (LNG), during a bilateral summit in Lee’s hometown of Andong, North Gyeongsang Province, Tuesday.
The agreement was reached as the two neighbors are deepening bilateral ties through continued summit diplomacy, amid heightened global energy security risks stemming from the U.S. war on Iran.
“We agreed that close bilateral cooperation is needed more than ever amid the instability in supply chains and energy markets arising from the recent situation in the Middle East,” Lee said in a joint press statement after the summit.
You can read more at the link.
