South Korea and Canada Discuss Energy Cooperation and G7 Ties in Vice Foreign Ministers' Meeting

South Korea and Canada discuss expanding energy and mineral cooperation, as well as strengthening ties with the G7, highlighting the strategic importance of securing critical resources and advancing high-tech industries.

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Emmanuel Abara Benson
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South Korea and Canada Discuss Energy Cooperation and G7 Ties in Vice Foreign Ministers' Meeting

South Korea and Canada Discuss Energy Cooperation and G7 Ties in Vice Foreign Ministers' Meeting

The vice foreign ministers of South Korea and Canada held talks in Seoul on Monday to discuss ways to expand bilateral cooperation in the areas of energy and key minerals.

The meeting also focused on the need to intensify cooperation as South Korea and Canada are set to chair the Asia-Pacific Economic Cooperation (APEC) summit and Group of Seven (G7) Summit, respectively, next year.

During the talks, the two sides emphasized the importance of Seoul strengthening ties with the G7 countries. This comes after South Korea was recently excluded from the list of countries invited to the upcoming G7 summit in Italy in June, despite the country's push for a 'G7 Plus' initiative to expand its role and responsibilities as one of the world's major middle powers.

Kang Hyung-sik, the South Korean vice foreign minister, noted the "great potential" for cooperation between the two countries, especially in the areas of key minerals and high-tech future industries, such as electric vehicles and batteries. The discussions aimed to identify opportunities for enhancing bilateral collaboration in these sectors.

Why this matters: The meeting between the vice foreign ministers of South Korea and Canada highlights the growing importance of energy and key mineral cooperation in the global economy. As countries seek to secure stable supplies of critical resources and advance their high-tech industries, strengthening partnerships in these areas has become a strategic priority.

The talks also underscored South Korea's efforts to deepen its engagement with the G7, a group of leading industrialized nations. Despite being excluded from the upcoming G7 summit, South Korea remains committed to expanding its role and responsibilities on the global stage, particularly through its chairmanship of the APEC summit next year.

As the meeting concluded, both sides expressed their commitment to further strengthening the bilateral relationship between South Korea and Canada. The discussions on energy and key mineral cooperation, as well as the shared goal of enhancing ties with the G7, lay the foundation for increased collaboration and partnership in the future.

Key Takeaways

  • South Korea, and Canada discuss expanding cooperation in energy, key minerals.
  • Talks focus on strengthening ties with G7 countries, as South Korea seeks greater role.
  • Potential for collaboration in future industries like EVs and batteries identified.
  • Strengthening partnerships in critical resources and high-tech sectors is a priority.
  • Both countries commit to further enhancing their bilateral relationship.