Korea, U.S., Japan hold economic security dialogue on supply chains

Wang Yun-jong, third from left, presidential secretary for economic security, attends Bio USA 2024 held at the Bio International Convention in San Diego on June 4, 2024. [YONHAP]

Korea, the United States and Japan held an economic security dialogue in San Diego on Thursday to discuss cooperation on supply chains and emerging technologies, Seoul's presidential office said.

The fourth session of the dialogue was attended by Wang Yun-jong, presidential secretary for economic security, Tarun Chhabra, senior director for technology and national security on the White House National Security Council, and their counterpart from the Japanese prime minister’s office, Yasuo Takamura.

The three sides assessed that an early warning system for supply chains among their offices has been effectively implemented and agreed to explore joint investment projects in the critical mineral sector, the office said.

They also agreed to identify joint research projects in core emerging technologies and strengthen cooperation through information sharing among technology protection authorities.

Welcoming Korea’s hosting of an artificial intelligence summit last month, the participants agreed to continue discussions on global AI governance to enhance security and foster innovation.

They also shared their respective data security issues and vowed to coordinate on key infrastructure security policies.

The next session of the three-way channel will be held in the latter half of this year, according to the office.

Yonhap