Germany's Economy Minister visits South Korea to enhance economic ties and diversify trade partners.
Germany's Economy Minister visits South Korea to deepen economic ties as both nations aim to diversify trade partners amid concerns over China's assertiveness and US protectionism. Germany is seeking to "de-risk" its trade exposure to China, while South Korea shares the same goal. The two export-focused countries plan to strengthen cooperation in business, economic security, and climate, as well as explore new opportunities.
June 20, 2024
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