Minister
of Trade, Industry and Energy Kim Jeong-kwan met with Henna Virkkunen,
Executive Vice President of the European Union, in Seoul on November 27 to
discuss ways to enhance strategic cooperation in advanced industrial and
technological sectors, including semiconductors, artificial intelligence (AI),
future mobility, batteries, and supply chains.
The meeting was held during Executive Vice President Virkkunen’s visit to Korea, which focuses on key EU priorities such as technological sovereignty, security, and digital transformation. Both sides shared the view that the rapidly changing global economic environment, marked by intensifying protectionism and supply chain disruptions, requires closer joint responses and strengthened cooperation.
Kim and
Virkkunen noted the long-standing strategic partnership between Korea and the
EU in economic and technological fields and agreed to elevate this partnership
into a more future-oriented framework encompassing economic security and
advanced industries. They emphasized the complementary nature of the two sides’
semiconductor sectors, with Korea specializing in memory manufacturing and the
EU leading in automotive semiconductors and advanced equipment. Amid growing
global supply chain uncertainty, the two sides committed to closer
collaboration to establish more stable supply chains. They also explored
specific areas of cooperation in AI, future mobility, and battery technologies.
The two
sides reaffirmed their progress through multilateral technology cooperation
platforms such as Eureka. Korea, the first non-European country to join Eureka
in 2009, has worked with Europe in sectors including IT, materials engineering,
and biotechnology, and has been actively engaged since being appointed as a
board member in 2023. Both parties agreed to further strengthen cooperation in
advanced technologies and supply chain resilience.
The
Korean side also raised concerns over the EU’s FSR review of the Czech nuclear
power project and the EU’s proposed new steel import regulations, requesting
constructive and amicable resolutions.
The
Ministry of Trade, Industry and Energy stated that the meeting served as an
opportunity to deepen Korea–EU cooperation in advanced sectors such as
semiconductors, AI, and future mobility while reinforcing supply chain
stability. The ministry added that it would work to activate high-level
consultation channels and develop the issues discussed into tangible
cooperative projects.








