South Korea and Japan Bolster Emergency Energy Cooperation

South Korea and Japan have agreed to strengthen their bilateral cooperation on emergency energy supplies. The two countries held their first meeting in Tokyo, where they discussed ways to deepen cooperation on stable supplies of liquefied natural gas (LNG), crude oil, and petroleum products.

The meeting was the result of a supply chain partnership between the two nations. They exchanged views on coordinating responses to carbon emissions and supply chain due diligence rules, including the EU's carbon tariff.

The South Korean Industry Ministry said that both sides agreed to deepen cooperation on emergency energy supplies, but did not provide further details on how this will be implemented.