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US-Japan-South Korea pact: Time to defog issues of economic security
Lack of clarity in industrial policy measures needs to be dealt with just as much as cooperation on defence matters.
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(From left) South Korean President Yoon Suk-yeol, US President Joe Biden and Japanese Prime Minister Fumio Kishida at their trilateral summit in Camp David.
PHOTO: EPA-EFE
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Jaemin Lee
Earlier this month, leaders at the Camp David summit jointly hailed the opening of “a new era of trilateral partnership”.
While much of the attention has focused on security issues such as North Korean nuclear threats and tension in the Taiwan Strait, the three leaders – United States President Joe Biden, South Korea’s Yoon Suk-yeol and Japan’s Fumio Kishida – also took an important step forward in the economic sector.
