Ahead of G7 Summit, South Korea and US Commerce Chiefs Hold Phone Call

Discussion and Exchange Needed Between Executive Director Wang Wontao and Commerce Secretary Gina Raimondo in Economic Sector
Agreement to Properly Address Differences in Trade and Investment Practical Cooperation

[Asia Economy Beijing=Special Correspondent Jo Young-shin] Ahead of the Group of Seven (G7) summit, senior officials from the U.S. and China’s Ministries of Commerce held a phone call.

Xinhua News Agency reported on the 10th that Wang Wentao, China’s Minister of Commerce, and Gina Raimondo, U.S. Secretary of Commerce, spoke by phone and exchanged views on economic matters between China and the U.S.

[Image source=Yonhap News]

Xinhua stated that Minister Wang and Secretary Raimondo agreed on the necessity of dialogue and exchanges in the China-U.S. economic sector and agreed to continue communication.

The two ministers also agreed to soundly develop practical cooperation in trade and investment and to properly handle differences, Xinhua reported.