Korea-Japan business council to resume annual meeting next week

The Federation of Korean Industries (FKI) has announced that business leaders of South Korea and Japan will hold their annual meeting early next week after a nearly three-year lull caused by the COVID-19 pandemic. The last meeting was held in Japan in 2019. The Korea-Japan Business Council, co-hosted by the FKI and the Japan Business Federation, or Keidanren, will take place in Seoul at the FKI headquarters Monday. More than 20 top business leaders, including the chiefs of the FKI and Keidanren, Huh Chang-soo and Masakazu Tokura, respectively, will attend the event. The meeting will explore, among others, ways for sustainable bilateral economic cooperation under the new Yoon Suk-yeol government. The meeting had mostly taken place around the fall in the past, but it was canceled for the past two years amid the COVID-19 pandemic.