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South Korea, China Revive Economic Talks With Focus on Critical Mineral Supply Chains

The pledges target steadier trade ties through services and investment FTA talks.

Overview

  • At vice-minister talks in Beijing on Monday, the two governments reaffirmed joint work to keep supplies of critical minerals, rare earths, and urea stable.
  • Second Vice Foreign Minister Kim Jina and Chinese Vice Commerce Minister Yan Dong led the 29th Korea–China Joint Economic Commission, a regular forum that began in 1992.
  • Officials said they will seek more trade and investment by advancing negotiations on services and investment under their free trade deal.
  • They committed to a more predictable setting for firms by addressing company concerns through closer contact and by encouraging more two-way investment.
  • The session was the first since December 2024 and followed recent leader visits, with both sides also planning coordination in APEC, the G20, and RCEP.