A New Economic Axis? The recent proposal by SK Group chairman Chey Tae won to combine the economies of South Korea and Japan has sent shockwaves through regional markets.
With an estimated annual value of $6 trillion, this ambitious plan is long overdue.
For decades, historical grievances, territorial disputes, and cultural differences have hindered meaningful economic cooperation between the two countries. The timing of Chey's proposal couldn't be more opportune.