Australia, S Korea vow to boost ties in digital trade

07 Mar '22

1 min read

Pic: Shutterstock

South Korea and Australia have agreed to enhance cooperation on e-commerce and other digital trade issues during a senior-level dialogue, according to the former’s industry ministry. Both sides vowed to share their policy measures on digital trade and to work closely on the World Trade Organization (WTO)'s e-commerce negotiations and other discussions on regional digital trade norms.

Kim Wan-ki, chief of South Korea's trade policy bureau under the trade ministry, held a videoconference with Australia's first assistant secretary of the foreign and trade department Elisabeth Bowes.

Both the countries discussed a wide range of issues on digital trade, including trade norms, standards and the industry's transition to digital, according to a news agency report.

They also agreed to actively share related information and expand joint projects to seek new business chances in the digital sector and to help their industries' transition to digital.

"The two nations are like-minded partners that have similar policy goals and commitment under the changing global trade circumstances," the ministry said in a release.

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