Hey there! Did you hear the big news? China, Japan, and South Korea have decided to work together to boost trade and help each other’s economies grow! 🚀 Isn’t that awesome?
On Sunday, the trade leaders from these three countries met in Seoul, the capital of South Korea. They talked about how they can cooperate more and make it easier to trade goods and services.
They agreed to strengthen their partnership in big groups like the World Trade Organization (WTO) and the Regional Comprehensive Economic Partnership Agreement (RCEP). This means they’ll try to make rules that help everyone trade fairly! 🌍
They also want to speed up talks about a special Free Trade Agreement (FTA) just between their three countries. This could make it easier for businesses to sell things to each other without extra taxes or barriers.
But that’s not all! They’re planning to work together on cool topics like the digital economy (that’s all about computers and the internet 💻) and the green economy (which focuses on protecting our planet 🌱). How cool is that?
Wang Wentao, the Chinese Commerce Minister, said that because these countries are close neighbors and important economies, they should help each other out. He mentioned that by working together, they can make the world economy stronger and more prosperous.
In a world where sometimes countries put up barriers, it’s great to see these three teaming up to promote free trade and cooperation! 🎉
Reference(s):
China, Japan, South Korea agree to promote trade cooperation
cgtn.com
