China and South Korea agree to jointly maintain the stable supply chain

Author:Xinhuanet Time:2022.08.10

Xinhua News Agency, August 9th (Reporter Wang Kai) On August 9th, State Councilor and Foreign Minister Wang Yi held talks with South Korean Foreign Minister Park Zhen, a South Korean Foreign Minister who visited China in Qingdao, Shandong.

Wang Yi emphasized that the current globalization has encountered countercurrents, and individual countries have made economic political, trade tools, and standardized weapons to destroy the stability of global supply chain.As the beneficiaries and builders of the global free trading system, China and South Korea should jointly resist this violation of the laws of the market and jointly maintain the safety and stability of the two countries and the global supply chain.

The two parties agreed to accelerate the second phase of the China -Korea Free Trade Agreement and strive to reach an agreement as soon as possible.The two sides agreed to conduct dialogue on maintaining the stability of the production chain, and committed to the complete, safe, unblocked, open and inclusive of the production supply chain.Adhere to the liberalization of trade investment, abide by the rules of the WTO, and adhere to the principles of non -discrimination, non -discharge, openness, and transparency.

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