MOEF Jungang-dong Government Complex
Front view of MOEF headquarters - Sejong Government Complex [Provided by Ministry of Economy and Finance]

(Sejong=Yonhap Infomax) Wook Choi = The Ministry of Economy and Finance (MOEF) announced on the 25th that Choi Ji-young, Vice Minister for International Affairs, will participate as chief delegate at the ASEAN+3 (South Korea, China, Japan) Finance and Central Bank Deputies' Meeting to be held in Hong Kong from the 26th to the 27th.


During the meeting, participants will exchange views on global and regional economic trends and policy responses, and discuss issues related to regional financial cooperation, including the future direction of the Chiang Mai Initiative Multilateralization (CMIM), which serves as a regional financial safety net.


Vice Minister Choi plans to share the current state of the South Korean economy and the new administration's policy direction with member countries, and will also seek ways to enhance the effectiveness of the CMIM, such as by changing the funding structure.


wchoi@yna.co.kr

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