'5th Economic and Security Diplomacy Forum' held to discuss public-private cooperation in the era of economic security
- It is assessed that political and security considerations have become variables that have a significant impact on economic issues
Editor
The Ministry of Foreign Affairs' Center for Economic and Security Diplomacy and the Korean Society of International Politics jointly held the '5th Economic and Security Diplomacy Forum' on the 20th.
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| (Photo = Ministry of Foreign Affairs) |
The theme of this forum was 'Public-Private Cooperation in the Era of Economic Security', and about 130 people including economic groups, companies, academia, and experts attended.
In his welcoming address, Minister Cho Tae-yeol diagnosed that diplomacy of 'separate security and economics' is no longer possible in the current complex external environment, and as strategic competition in all fields of military, economy, and technology is intensifying and technology and resources are weaponized, economic It was assessed that political and security considerations have now become variables that have a great influence on the problem.
Minister Cho also said that if the public and private sectors become one team in a new geopolitical environment where the economy, security, and technology are interconnected, we can strengthen our strategic autonomy by utilizing opportunities such as cooperation in advanced technologies and minimize costs such as supply chain risks. He emphasized that it can be done.
At this forum, Professor Seungjoo Lee of Chung-Ang University and Professor Seungbin Park of Ajou University each made presentations on the relationship between economic and security diplomacy and corporations, and the economic security response of major countries. In addition, a roundtable discussion was held on 'Cooperation between the government and companies for geopolitical risk management' chaired by Young-Gwan Yoon, Chairman of the Asan Institute for Policy Studies.
The panelists discussed effective public-private cooperation measures to minimize the negative impact of the rapidly changing external environment on our people's economy and turn crises into opportunities. In addition, they agreed that there was a need to actively share necessary economic and security information between the government and the private sector and make sophisticated policy decisions and responses quickly based on this.
