2024-06-26 06:08:21
The finance ministers of the Republic of Korea and Japan, Choi Sang-mok and Shunichi Suzuki, mentioned the weakening of their nationwide currencies. This was reported by the Ministry of Planning and Finance of the Republic of Korea, Day.Az studies as regards to TASS.
On June 25, the ninth assembly of the bilateral dialogue on the stage of finance ministers was held in Seoul. Choi Sang Mok and Shunichi Suzuki mentioned the area’s economic system is recovering sooner than the worldwide common.
“Nonetheless, they famous the persistence of uncertainty elements, together with ongoing geopolitical conflicts, a doable slowdown in financial development [их] main buying and selling companions, elevated volatility within the overseas alternate market. Additionally they shared severe issues in regards to the current sharp weakening of the Korean received and the Japanese yen,” the press launch mentioned.
The finance ministers of the Republic of Korea and Japan mentioned they had been appearing collectively in reference to a particular army operation in Ukraine. They declare it has led to worsening financial dangers in provide chains, vitality and meals safety. Representatives of South Korea and Japan additionally agreed to additional facilitate the alternate of knowledge between customs authorities with the intention to forestall circumvention of sanctions towards the Russian Federation and the DPRK.
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