South Korea’s finance ministry said Sunday that finance minister Choi Sang-mok held a video conference with his Australian counterpart, Jim Chalmers, to discuss global economic volatility and supply chain resilience. The two officials shared concerns over rising trade tensions and agreed to strengthen cooperation on critical minerals, energy security and financial stability. Both sides pledged to coordinate positions through multilateral forums including the G20.

Separately, South Korea’s foreign ministry announced that foreign minister Cho Tae-yul will travel to Vietnam from April 15 to 17 to attend the 4th P4G Summit and hold high-level talks with Vietnamese officials. Cho is expected to co-chair the second ROK–Vietnam foreign ministers’ dialogue and meet with local Korean business leaders. The trip follows Vietnam’s participation in South Korea’s previous P4G summit and builds on the strategic partnership outlined during former President Yoon Suk-yeol’s state visit in 2023.