Leading the Fight Against Economic Nationalism: South Korea's Commitment to Multilateral Cooperation

South Korean President Lee Jae Myung highlighted the global economic threat posed by rising protectionism and nationalism. During the APEC CEO summit, he stressed South Korea's leadership role in fostering multilateral cooperation to address these challenges.

Amid increasing protectionism and nationalism globally, South Korean President Lee Jae Myung has sounded the alarm on the state of the world economy. Speaking on Wednesday at the Asia-Pacific Economic Forum (APEC) CEO summit, Lee emphasized the urgent need for multilateral solutions.

Lee reiterated South Korea's commitment to spearheading international cooperation, focusing on collaborative efforts to resolve these pressing economic issues. He urged countries to look beyond borders and work together to stabilize the global market.

The summit served as a platform for leaders to discuss actionable strategies in combating the adverse effects of economic nationalism, with South Korea positioning itself as a pivotal player in this initiative.

(With inputs from agencies.)