LOC20:57
17:57 GMT
LONDON, Aug 18 (KUNA) -- The UK and Republic of Korea held a Senior Economic Dialogue in Seoul on Monday, the Foreign Office said.
The Second Vice Minister of the Republic of Korea (ROK) Ministry of Foreign Affairs, Kim Jina, and the United Kingdom of Great Britain and Northern Ireland (UK) Parliamentary Under-Secretary for the Indo-Pacific, Catherine West MP, co-chaired the second UK-ROK Senior Economic Dialogue in Seoul on 18 August 2025.
They reaffirmed the strength of the UK-ROK Global Strategic Partnership, centred around shared interests of growth and economic elements. They reviewed progress of negotiations for an upgraded UK-ROK Free Trade Agreement.
They noted the successful conclusion of five negotiation rounds and reaffirmed their ambition to complete talks by the end of 2025.
The two sides reaffirmed their shared commitment to advancing sustainable economic growth, resilience, and prosperity and acknowledged the evolving global economic landscape, including developments in US economic policy, trade relations with China, and ties with the EU.
They also recognised the ongoing efforts of both governments to deepen cooperation across a broad range of areas, including national economic security, science, technology and Innovation defence-related industrial cooperation, Energy Transition and Climate Cooperation,and other economic diplomacy issues.
They, further, welcomed the intention to strengthen links between Korean and British businesses, parliamentarians and academics, including through a proposed UK-Korea High Level Forum. (end)
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