The meeting aims to revive trade and security dialogues hampered by global tensions.
SEOUL – Chinese Premier Li Qiang praised what he called a restart in relations with Japan and South Korea as he met their leaders for the first three-way talks in four years on May 27, striving to revive trade and security dialogues hampered by global tensions.
But for this to happen, politics should be separated from economic and trade issues, he added, calling for an end to protectionism and the decoupling of supply chains. Mr Yoon and Mr Kishida have charted a closer course with each other and to Washington, embarking on unprecedented three-way cooperation with the US on military and other measures.
Mr Li called for all parties to practise restraint and prevent further complication of the situation on the Korean peninsula. China is North Korea’s only military ally, its largest trade partner, and along with Russia, has called for UN sanctions on North Korea to be eased.The trade relationship between China, South Korea and Japan has evolved over the past decade to become increasingly competitive.
South Korea, Japan and China held 16 rounds of official negotiations over a three-way FTA after they first kicked off in 2012.
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