South Korea Navigates Global Trade with Strategic Partnerships

South Korea is strategically aligning its trade policies to enhance relations with major partners as it hosts a key Asia-Pacific trade forum. Minister for Trade Yeo Han-koo emphasized the importance of international partnerships amid global uncertainties, as Seoul aims to stabilize supply chains with China, deepen ties with the U.S., and diversify its trading network.

Amid pressures from U.S. President Donald Trump's trade policies, South Korea is navigating its complex political and economic landscape. Seoul is trying to avoid heavy tariffs while securing investment commitments, as leaders from Pacific Rim nations gather for the APEC summit.

Tensions between the United States and China have added pressure on South Korea, encouraging multilateral cooperation to mitigate risks. Yeo highlighted the necessity for wide-ranging relationships, including new agreements with Southeast Asian and South Asian nations, to ensure economic stability and growth.