Lee Jae-myung Takaichi Nara Summit 2026: Securing Supply Chains and Bridging History

They shook hands, but the underlying tensions remain a challenge. President Lee Jae-myung concluded his two-day visit to Nara, Japan, on January 14, 2026, signaling a push for closer economic ties and a delicate breakthrough in historical grievances.

Lee Jae-myung Takaichi Nara Summit 2026: Strategic Supply Chains

The summit between Lee and Prime Minister Sanae Takaichi comes at a critical time when China has imposed export restrictions on dual-use items, threatening the supply of rare earth minerals. According to Yonhap, the two leaders agreed to institutionalize 'shuttle diplomacy' to navigate regional risks. They've pledged to cooperate on AI and intellectual property, aiming for stability amidst the volatile international order.

Progress on Chosei Mine and CPTPP

A notable highlight was the agreement to conduct DNA analysis on remains from the Chosei undersea coal mine. The 1942 disaster claimed 183 lives, including 136 Korean forced laborers. Additionally, South Korea reaffirmed its bid for the CPTPP, which has been previously stalled due to import bans on seafood from Japanese prefectures.