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South Korea and Germany discuss strengthening economic ties

South Korea and Germany discuss strengthening economic ties

South Korean Industry Minister Ahn Duk-geun met with German Vice Chancellor Robert Habeck in Seoul, Yonhap news agency reported June 21.

German Vice Chancellor Robert Habeck, who is also Federal Minister for Economic Affairs and Climate Action, is in South Korea with an economic delegation that includes 13 companies, including Brainlab, Max Bögl Stiftung, Voss Holding, Haverkamp and Satorius, as reported by the Ministry. of Commerce, Industry and Energy.

During the meeting, both parties agreed to strengthen cooperation on standards and data exchange for the digital transition and the industrial use of artificial intelligence.

They also promised to work more actively in the field of future mobility and other advanced industries through joint research and development projects.

“It is very important for like-minded people to work together in the face of growing global uncertainty.”said An. “South Korea and Germany have similar industrial structures and will be key partners in efforts to improve industry competitiveness and achieve net-zero emissions goals.”.

Trade between the two countries reached a record $33.9 billion in 2023, South Korean government data shows.

Source: Rossa Primavera

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