S. Korea, Japan to hold regular policy dialogue on trade, supply chain issues | Yonhap News Agency

## Summary
OK SEOUL, March 14 (Yonhap) -- South Korea and Japan agreed Saturday to establish a regular communication channel between their industry ministries to better manage various trade, economic security and supply chain issues, Seoul's industry ministry said. The two countries will comprehensively monitor and manage various economic issues, including trade cooperation, economic security, supply chains and mineral resources, through the envisioned policy dialogue amid a rapidly shifting global trade and geopolitical environment, the ministry explained. This file photo, provided by the Ministry of Trade, Industry and Resources, shows Industry Minister Kim Jung-kwan (R) shaking hands with his Japanese counterpart, Ryosei Akazawa, during the Asia-Pacific Economic Cooperation (APEC) gathering in the southeastern city of Gyeongju on Oct. 31, 2025. (PHOTO NOT FOR SALE) (Yonhap) nyway@yna.co.kr (END) Related Articles Gov't to mobilize state supply chain fund for firms with difficulties amid Iran crisis S. Korea, Japan to hold regular policy dialogue on trade, supply chain issues Next S.

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SEOUL, March 14 (Yonhap) -- South Korea and Japan agreed Saturday to establish a regular communication channel between their industry ministries to better manage various trade, economic security and supply chain issues, Seoul's industry ministry said.
The agreement was made at a meeting between South Korean Industry Minister Kim Jung-kwan and his Japanese counterpart, Ryosei Akazawa, held on the sidelines of the inaugural Indo-Pacific energy security ministerial meeting in Tokyo, according to the Ministry of Trade, Industry and Resources.
The two countries will comprehensively monitor and manage various economic issues, including trade cooperation, economic security, supply chains and mineral resources, through the envisioned policy dialogue amid a rapidly shifting global trade and geopolitical environment, the ministry explained.
The ministry said the two sides also signed a bilateral supply chain partnership arrangement (SCPA) to up their readiness to possible supply chain disruptions while boosting their joint response capacity by working to minimize unnecessary restrictions to trade affecting supply chain resilience.
The SCPA will also help Seoul and Tokyo expand their cooperation in joint exploration, investment and technology development in the critical minerals and resources sector, it added.
On Saturday, Korea Gas Corp. and Japanese energy firm JERA Co. also signed an operation cooperation agreement, which includes a liquefied natural gas (LNG) swap arrangement between the two companies, as the two countries agreed to bolster cooperation for stable LNG supplies amid volatility in the global energy market stemming from the ongoing turmoil in the Middle East.
The Seoul government will work to continuously develop the mutually beneficial industrial and trade cooperation between Korea and Japan, building on the 60th anniversary of the normalization of bilateral diplomatic relations, Kim said in a press release.
This file photo, provided by the Ministry of Trade, Industry and Resources, shows Industry Minister Kim Jung-kwan (R) shaking hands with his Japanese counterpart, Ryosei Akazawa, during the Asia-Pacific Economic Cooperation (APEC) gathering in the southeastern city of Gyeongju on Oct. 31, 2025. (PHOTO NOT FOR SALE) (Yonhap)
nyway@yna.co.kr
(END)
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S. Korea, Japan to hold regular policy dialogue on trade, supply chain issues

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## Expert Analysis

### Merits
N/A

### Areas for Consideration
- Korea, Japan to hold finance ministers' talks in Tokyo this week Keywords #policy dialogue Articles with issue keywords Most Liked U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones BTS to launch 'Arirang' pop-ups to mark new album release Most Saved U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation 16th Gwangju Biennale: You must change your life Lee says to swiftly introduce fuel price cap as Mideast crisis intensifies Lee urges caution over reform measures to minimize side effects (LEAD) Gov't to take steps to implement fuel price cap this week as Mideast crisis intensifies Most Viewed All Categories (2nd LD) N.

### Implications
- The two countries will comprehensively monitor and manage various economic issues, including trade cooperation, economic security, supply chains and mineral resources, through the envisioned policy dialogue amid a rapidly shifting global trade and geopolitical environment, the ministry explained.
- The SCPA will also help Seoul and Tokyo expand their cooperation in joint exploration, investment and technology development in the critical minerals and resources sector, it added.
- The Seoul government will work to continuously develop the mutually beneficial industrial and trade cooperation between Korea and Japan, building on the 60th anniversary of the normalization of bilateral diplomatic relations, Kim said in a press release.
- Korea, Japan to hold finance ministers' talks in Tokyo this week Keywords #policy dialogue Articles with issue keywords Most Liked U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation (News Focus) USFK's relocation of military assets to Middle East raises concerns about Seoul's capability to deter N.K. threats 16th Gwangju Biennale: You must change your life BTS expands Gwanghwamun concert capacity to 22,000 with added standing zones BTS to launch 'Arirang' pop-ups to mark new album release Most Saved U.S. transport aircraft spotted departing Osan Air Base amid Patriot relocation speculation 16th Gwangju Biennale: You must change your life Lee says to swiftly introduce fuel price cap as Mideast crisis intensifies Lee urges caution over reform measures to minimize side effects (LEAD) Gov't to take steps to implement fuel price cap this week as Mideast crisis intensifies Most Viewed All Categories (2nd LD) N.

### Expert Commentary
This article covers korea, trade, supply topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 631.