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South Korea says CPTPP membership would stabilize supply chains

Trade minister Yeo sees 'win-win' for all; will apply to join pact by May

South Korea’s Trade Minister Yeo Han-koo speaks to Nikkei Asia. (Photo by Ahn Seong-bok)

SEOUL -- South Korea's trade minister said his country's membership in a Japan-led free trade pact would benefit all member nations, as Korean companies would strengthen supply chains for semiconductors, batteries and electric vehicles.

Trade Minister Yeo Han-koo said in a Nikkei Asia interview on Friday that the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) would not be self-sufficient without South Korea.

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