Deputy Minister for Trade Yang Byeong-nae held a meeting with Dutch Vice Infrastructure Minister Kees van der Burg in Seoul and they discussed ways to expand cooperation in the fields of mobility, batteries and supply chains, officials said Thursday. The two officials also pledged to broaden their collaboration to cover electric and hydrogen-powered automobiles, as well as battery technology, according to the Ministry of Trade, Industry and Energy. Yang told the meeting that the two nations could help stabilize global supply chains as they play a key role in the semiconductor industry. In addition, Yang asked his Dutch counterpart to closely monitor EU trade regulations, including the Critical Raw Materials Act, to prevent excessive administrative burdens on companies outside the bloc. Source: Yonhap News Agency
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