Economy

Chey Tae-won Advocates for a Korea-Japan Economic Community to Combat Global Protectionism

SK Group Chairman Calls for Unified Economic Strategy

In a recent appearance on "Kim Ji-yoon’s Knowledge Play," SK Group Chairman Chey Tae-won emphasized the necessity of forming a Korea-Japan economic community. This initiative aims to transcend traditional economic cooperation, addressing the stagnation in Korea's growth and the challenges posed by global protectionism.

SK Group Chairman Chey Tae-won discusses the concept of an economic community with Japan.

Overcoming Historical Conflicts for Economic Growth

Choi highlighted the potential for a combined market worth $6 trillion, urging both nations to move past historical conflicts. Drawing parallels to the EU's founding members, Germany and France, he pointed out that deeper reconciliations have been achieved elsewhere.

The Role of AI in Future Competitiveness

Addressing the future, Choi stressed the importance of specializing in manufacturing AI to maintain competitive edge. He also envisioned a synergy between AI and Korea's soft culture industries, advocating for a robust cultural industry group.