Thursday, January 15, 2026

Koo Yun-cheol holds talks with UK and Japanese finance ministers, agrees to strengthen cooperation on supply chain stabilization

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2026-01-13 08:46:32
Updated
2026-01-13 08:46:32
Deputy Prime Minister and Minister of Finance and Economy Koo Yun-cheol. Courtesy of the Ministry of Finance and Economy.

[Financial News] The government has decided to strengthen international cooperation with Japan and the United Kingdom to stabilize global supply chains.
On the 13th, the Ministry of Finance and Economy announced that Deputy Prime Minister and Minister of Finance and Economy Koo Yun-cheol held bilateral meetings with the finance ministers of the United Kingdom and Japan in Washington, D.C., United States, ahead of the Group of Seven (G7) Finance Ministers' Meeting on Critical Minerals.
Deputy Prime Minister Koo met with Japanese Minister of Finance Satsuki Katayama and agreed to strengthen cooperation between the two countries in the economic sphere and on multilateral stages such as the Group of Twenty (G20) and the ASEAN+3 Finance Ministers' Meeting.
In addition, Koo asked for strong interest from Japanese investors regarding Korea's planned inclusion in the World Government Bond Index (WGBI) in April. Minister Katayama pledged active cooperation.
The two countries also agreed to hold the 10th Korea–Japan Finance Ministers' Meeting in Tokyo on March 14.
Deputy Prime Minister Koo also met with Chancellor of the Exchequer Rachel Reeves and agreed to strengthen cooperation in areas such as the recycling of critical minerals.
The two finance ministers welcomed the conclusion of negotiations to improve the Korea–United Kingdom Free Trade Agreement (FTA) and discussed ways to further enhance bilateral economic cooperation going forward.

skjung@fnnews.com Jeong Sang-geun Reporter