SK chief says S. Korea, Japan could generate US$1 tln in economic synergies

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SEOUL, Nov. 3 (Yonhap) -- SK Group Chairman Chey Tae-won, who also heads South Korea's largest business lobby group, said Tuesday economic cooperation between South Korea and Japan could generate more than US$1 trillion in synergies.

Chey, chairman of the Korea Chamber of Commerce and Industry, made the remarks at a forum hosted by Yonhap News Agency, South Korea's key newswire, in Seoul.

"South Korea and Japan have a combined gross domestic product of $6 trillion," Chey said. "Generating $1 trillion in synergies from a combined $6 trillion economy is possible through growth and cost reductions."

The Yonhap Future Economic Forum, held under the theme "A Fragmenting Global Economy: Connecting South Korea and Japan Through One Market," brought together around 500 participants from the two countries, including political, business and academic leaders.

Chey also called for bipartisan support in both Seoul and Tokyo, stressing the importance of establishing what he called a "framework" to strengthen economic ties between the two countries.

"If lawmakers in both countries provide bipartisan support, governments and businesses will be able to pursue bold initiatives with confidence," he said.

Chey said there was still considerable room for the two countries to improve their economic performance, particularly by reducing social costs.

"Regardless of how much a country earns, if it spends even more, its national debt will continue to grow. This is a structural problem that needs to be addressed," he said, citing challenges such as aging populations, low birthrates and rising healthcare costs in both countries.

Lastly, Chey called for the two countries to establish a shared platform that experts from both sides can access and use.

SK Group Chairman Chey Tae-won speaks during a forum hosted by Yonhap News Agency, South Korea's key newswire, in Seoul on Nov. 3, 2026. (Yonhap)

Yonhap News Agency to host forum on S. Korea-Japan economic cooperation amid global fragmentation

SK chief says S. Korea, Japan could generate US$1 tln in economic synergies

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首尔，11月3日（韩联社）——韩国最大的商业游说团体SK集团董事长兼主席崔泰元周二表示，韩国和日本之间的经济合作可以产生超过1万亿美元的协同效应。

韩国商工会议所会长崔某在首尔由韩国主要通讯社韩联社主办的论坛上发表了上述讲话。

“韩国和日本的国内生产总值合计达6万亿美元，”Chey说。“通过增长和降低成本，从这6万亿美元的经济体中产生1万亿美元的协同效应是完全可能的。”

以“全球经济碎片化：通过一个市场连接韩国和日本”为主题的韩联社未来经济论坛汇聚了来自两国的约 500 名参与者，其中包括政界、商界和学术界的领导人。

崔志远还呼吁首尔和东京两党提供支持，强调建立他所谓的“框架”以加强两国经济联系的重要性。

他说：“如果两国立法者能够提供两党支持，政府和企业就能充满信心地推行大胆的举措。”

Chey表示，两国在提升经济表现方面仍有很大的空间，尤其是在降低社会成本方面。

“无论一个国家收入多少，如果支出更多，其国债就会继续增长。这是一个需要解决的结构性问题，”他说道，并列举了两国面临的挑战，例如人口老龄化、低出生率和不断上涨的医疗保健成本。

最后，Chey呼吁两国建立一个共享平台，供双方专家访问和使用。

2026年11月3日，SK集团会长崔泰源在首尔出席由韩国主要通讯社韩联社主办的论坛并发表讲话。（韩联社）

韩联社将举办韩日经济合作论坛，探讨全球经济碎片化背景下的合作问题

SK集团总裁表示，韩国和日本可以产生1万亿美元的经济协同效应。