Quoted by The Express Tribune
On Wednesday, the US, Japan, and South Korea’s Commerce and Trade ministers vowed to cooperate on strategic issues.
This includes:
- Artificial Intelligence (AI) safety
- Export Controls
- Clean Energy
- Semiconductor Supply Chains
At the start of the meeting in Washington, US Commerce Secretary – Gina Raimondo stated that:
“We’re doubling down our efforts to work together,”
“As we three are leading economies in manufacturing, services, technology and innovation and we have to work together to the benefit not just for our countries, but the safety and security of the world,”
The ministers highlighted the significance of ensuring the safety and ethical use of AI technologies. As well as focusing strongly on developing resilient supply chains for semiconductors and batteries, which plays a crucial role in clean energy transition.
The ministers said in a statement after the meeting they would “focus our joint efforts on a set of strategic areas designed to enhance the security and prosperity of our people and the Indo-Pacific region. We aim to prioritize cooperation to strengthen the resilience of supply chains in key sectors, including semiconductors and batteries,” as well as artificial intelligence safety, critical minerals, cybersecurity and technical standard setting.
Saito said the three “agreed to realize a strong and reliable supply chain for strategic materials by working together with like-minded countries, including Japan, the United States, and South Korea, and designing a market where factors other than price are fairly evaluated.”
“We expect the South Korea-US-Japan industry ministers’ meeting to serve as an institutional basis for deepening and developing industrial cooperation among the three countries and jointly responding to global risks,” Ahn said.