00:00The cooperation between ASEAN and Republic of Korea, where we discuss three issues.
00:04Number one is the upgrade of the ASEAN-KOREA FTA.
00:10So we have agreed that we finalise the scoping so that we can announce the leadership
00:16when the leaders meet in October of the upgrade of the ASEAN-KOREA FTA.
00:22At the same time, we talk about economic cooperation.
00:25We talk about the area of supply chain.
00:27We talk about area semiconductor.
00:29We talk about areas where we can do exchange of trade officials also.
00:34And finally, we also talked about the geopolitics, the geoeconomics,
00:40how ASEAN and Korea have to increase their cooperation in areas of trade and investment.
00:48When do you say upgrade of ASEAN-KOREA FTA?
00:52What does that mean?
00:53That means we already have one, ASEAN-KOREA FTA, so we want to upgrade it.
00:58So now, we are discussing what are the areas that we can upgrade.
01:01So that is being finalised and we want to announce that during the leaders' summit.
01:05Nanti bulan school.
01:06Any potential areas?
01:07Now, it's time to finalise.
01:09Nantikan we will announce it during the leaders' summit, the details.
01:12What are the sectors that ASEAN and Korea have?
01:16Well, ASEAN, we talked about sectors, especially semiconductor.
01:22We also talked about strategic and rare minerals.
01:26And finally, we also talked about areas where we can improve on the trade.
01:34We come into the grid, so digital.
01:35And we also talked about green transition, talking about investment and technology for green technology for part of our energy transition for ASEAN.
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