A delegation of South Korean lawmakers visited Taiwan to discuss geopolitical challenges and semiconductor supply chain cooperation.
Taiwan's Ministry of Foreign Affairs announced that Deputy Foreign Minister Wu Zhaojun had lunch with the visiting South Korean lawmakers, including Kwak Sang-eon of the Democratic Party, Park Soo-young of the People Power Party, and Kim Jae-won of the Justice Party, on June 8.
The ministry stated that both sides engaged in in-depth discussions on topics such as joint responses to geopolitical challenges, political, economic, and cultural exchanges, and the development of the semiconductor and artificial intelligence (AI) industries.
Wu remarked, "Taiwan and South Korea are both democratic nations standing against authoritarian expansion. We have a solid foundation for cooperation in culture, economy, trade, and semiconductor supply chains." He added, "Maintaining a free and democratic Taiwan aligns with South Korea's national interests," expressing hope for continued expansion of cooperation between the two countries in various fields.
According to the Taiwanese foreign ministry, Park Soo-young has long been interested in Taiwan's economy and semiconductor industry, noting that Taiwan's experience of surpassing a per capita GDP of $40,000 could provide important insights for South Korea.
Kwak Sang-eon expressed support for strengthening exchanges between the capitals of South Korea and Taiwan. Kim Jae-won indicated his intention to explore cultural cooperation with Taiwan, drawing on his background in music and culture prior to entering politics.
The Taiwanese foreign ministry assessed, "Taiwan and South Korea are important partners in the global democratic camp, and the practical exchanges in economy, trade, and culture between the two countries are close." It added, "By 2025, the total bilateral trade between Taiwan and South Korea is expected to surpass $90 billion, marking nearly a 40% increase from the previous year, with South Korea rising to become Taiwan's third-largest trading partner." The ministry also noted that during a recent meeting of foreign ministers from South Korea and the U.S., South Korea emphasized that peace in the Taiwan Strait is essential for global security and prosperity.
* This article has been translated by AI.
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