1. The 22^nd meeting of the Republic of Korea-China joint economic committee will take place at the Ministry of Commerce in Beijing, China, on April 20. The ROK and Chinese delegations to the meeting will be led by Vice Foreign Minister Cho Hyun and Vice Minister of Commerce Gao Yan, and comprised of officials of relevant government agencies, respectively.

※ The ROK delegation will be composed of officials of the Ministry of Foreign Affairs, the Ministry of Strategy and Finance, the Ministry of the Interior and Safety, the Ministry of Trade, Industry and Energy, the Ministry of Land, Infrastructure and Transport, and the Embassy in China. The Chinese side will include officials of the Ministry of Commerce and other related government agencies.

2. In the forthcoming meeting, the two sides will review the economic situations in the global community and the two countries as well as the progress in the bilateral economic cooperation; look into the progress in the implementation of key follow-up measures to the bilateral summit talks held in December 2017; and exchange views on major matters of mutual concern.

° In particular, the meeting will also cover possible specific cooperation projects in which the ROK’s New Northern and Southern Policies and China’s “One Belt and One Road” initiative are linked to each other, as well as challenges facing Korean companies.

3. The meeting of the joint economic committee will come as bilateral consultative mechanisms on economy have been back on track, with exchanges and cooperation on the increase, since the bilateral summit talks held in December 2017. As such, the event is expected to serve as an opportunity to further reinforce the momentum of cooperation between the two countries.

° This vice-minister-level consultative mechanism, convened in the two countries on a regular and rotational basis since 1993 on the heels of the establishment of the ROK-China diplomatic relations, has helped to constructively manage the economic ties between the two countries.  

* unofficial translation