Trade Minister Yeo Han-koo, right, holds a meeting with Mathias Cormann, second from left, secretary-general of the Organization for Economic Cooperation and Development, in Paris, Wednesday (local time). Courtesy of Ministry of Trade, Industry and Resources
Trade Minister Yeo Han-koo shared Korea's industrial policies at a meeting of ministers from member nations of the Organization for Economic Cooperation and Development (OECD) and discussed pending trade issues with major economies, Yeo's office said Friday.
Yeo participated in the OECD Ministerial Council Meeting held in Paris from Wednesday to Thursday (local time) on behalf of Korea, one of the vice chairs of the meeting, leading discussions on ways to promote economic growth, trade and investment, according to the Ministry of Trade, Industry and Resources.
During the event, Yeo presented Korea's major industrial policies, including the artificial intelligence transformation of the manufacturing sector aimed at driving productivity innovation, transition into clean energy amid the growing importance of energy security and balanced regional growth.
He also called for major economies' efforts to balance their trade and industrial policies so the latter do not interfere with the principles of open market and fair trade, reflecting on the recent rise of global trade protectionism, according to the ministry.
