Korea and China Hold Joint Export Control Policy Briefing in Wuxi
Wuxi,Jiangsu Province, China – The Ministry of Trade, Industry and Energy of the Republic of Korea(MOTIE) and the Ministry of Commerce of the People’s Republic of China (MOFCOM) jointly held a policy briefing session in Wuxi, Jiangsu Province,China on November 15th, 2024. The event aimed to inform Korean and Chinese companies about each country’s export control policies.
The briefing was co-chaired by Choi Woo-hyeok, Director General of the Trade Security Policy Bureau at MOTIE, and Jiang Qianliang, Director General of the Safety and Control Bureau at MOFCOM. Representatives from both countries’ export control departments presented detailed information on their respective policies and related work.
According to MOTIE, both sides agreed to strengthen communication and cooperation in the future, promoting trade development that aligns with bilateral regulations. The goal is to ensure the smooth andstable operation of global industrial chains and supply chains.
The briefing focused on providing clarity and guidance to businesses operating in both countries, particularly those involved in cross-border trade. The event highlighted the importance of adhering to export control regulations to maintain international trade stability and security.
This joint policy briefing signifies a commitment from bothKorea and China to fostering a more transparent and collaborative environment for international trade. By sharing information and promoting mutual understanding, both countries aim to facilitate smoother trade flows and strengthen economic cooperation.
References:
- Yonhap News Agency. (2024, November 15). 韩中出口管制政策说明会在无锡举行. Retrieved from https://www.yna.co.kr/view/AKR20241115003500004
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