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Bloomberg

S.Korea Trade Minister on Trade, Supply Chain (Correct)

Yeo Han-koo, South Korean Trade Minister, says South Korea has moved into the commercial viability review stage for its trade agreement with the US. He says the country is also looking for new partners for trade, in a bid to diversify supply chains amid ongoing disruptions from the Middle East. He speaks with Shery Ahn on "Bloomberg: The Asia Trade." (This version corrects the spelling of the Kospi index)

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Bloomberg

S.Korea Trade Minister on Trade, Supply-chain expansion

South Korea's stock markets are showing strong gains in the Asia session, with the COSPI index up about 1%, led by technology companies such as Samsung and SK Hynix, which constitute around 40% of the index. The COSPI has surged over 150% in the past year, outperforming many global markets, particularly due to the AI boom. South Korea's trade minister, Yeo Han-Koo, discussed the country's robust export performance despite global headwinds including rising protectionism, energy supply disruptions, and geopolitical tensions such as the ongoing war in Iran. The minister highlighted the pivotal role of AI-driven exports in sustaining South Korea's economic growth while emphasizing the need to diversify markets and supply chains to mitigate risks. Original filename: 20260427_014301_South_Korea_s_AI_Driven_Export_Boom_Fuels_Market_Gains_Amid_.mp4

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