Global Cooperation in the Face of Rising Protectionism

South Korean President Lee Jae Myung has voiced concerns over the rising tide of global protectionism and nationalism, which he claims are threatening the stability of the world economy.

Addressing the Asia-Pacific Economic Forum (APEC) CEO summit, President Lee stated that South Korea intends to spearhead multilateral cooperation to remedy issues such as supply chain disruptions. He acknowledged that terms like 'cooperation, coexistence, and inclusive growth' might appear superficial in the current climate.

However, Lee remains optimistic about the pivotal role of APEC as a unity platform during crises and highlighted South Korea's commitment to restoring trust and collaboration within the APEC region.