Commerce and trade ministers from the US, Japan and South Korea on Wednesday vowed to cooperate on strategic issues, including artificial intelligence (AI) safety, export controls, clean energy and semiconductor supply chains.
“We’re doubling down our efforts to work together,” US Secretary of Commerce Gina Raimondo said at a meeting in Washington.
“As we three are leading economies in manufacturing, services, technology and innovation, and we have to work together to benefit not just our countries, but the safety and security of the world,” Raimondo said.
Photo:EPA-EFE
She was joined at the inaugural trilateral meeting by Japanese Minister of Economy, Trade and Industry Ken Saito and South Korean Minister of Trade, Industry and Energy Ahn Duk-geun. The meetings were decided last year by the countries’ leaders at an August summit at Camp David.
The ministers said in a statement after the meeting that 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 AI 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.”
Last month, US President Joe Biden vowed to sharply increase tariffs on critical minerals from China, as Washington vowed to reduce China’s dominance of critical mineral supply chains.
In March, a Department of Commerce official said the US was asking allies to stop domestic companies from servicing certain chipmaking tools for Chinese customers, a key part of the US’ push to hobble China’s chipmaking capabilities.
“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.
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