Economics
Korea Calls for Global Network to Cushion Supply Chain Hit
- Trade minister Yeo says relations with Japan need ‘fresh look’
- Says U.S., Mideast nations among energy alternatives to Russia
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South Korea’s top trade official says the world should set up a framework that allows businesses to stay resilient in the face of a crisis like the war in Ukraine that disrupts global supply chains.
“For strategic raw materials, it is important to foster an international cooperation network because it’s risky to depend on one or two countries,” South Korean Trade Minister Yeo Han-koo said in an interview Thursday.