This file photo taken May 27, 2025, shows South Korean and Japanese business leaders in a group photo session during the opening ceremony of the 57th South Korea-Japan Business Conference at a hotel in Seoul. (Yonhap)
SEOUL, June 19 (Korea Bizwire) — Over half of South Korean companies view economic cooperation with Japan as beneficial and believe it should continue, a survey showed Thursday, as the two nations mark the 60th anniversary of the normalization of diplomatic ties this year.
In the poll conducted by the Federation of Korean Industries (FKI) on the country’s top 1,000 non-financial firms by sales, 56.4 percent of responding firms said the bilateral economic cooperation has contributed to the development of South Korea’s economy.
Specifically, 7.9 percent said it had a very positive impact, while 48.5 percent assessed it as generally positive. Another 33.7 percent said the impact was neutral, while 9.9 percent believed it had somewhat hindered development.
The areas cited as most positively affected by the bilateral cooperation were technology transfer, market expansion, tourism and cultural industries.
In addition, 62.4 percent of respondents said continued economic cooperation is necessary for South Korea’s future growth.
Companies that expected to generate the most synergy with Japan in the future included those in the semiconductor, artificial intelligence (AI), automobile and biotechnology industries.
“Amid global geopolitical changes and shifting trade orders, the importance of economic cooperation between South Korea and Japan is becoming even more prominent,” an FKI official said. “We will actively support companies in expanding their global footprint through partnerships.”
(Yonhap)
