Korea pushes G7 to prioritize AI training for developing nations
South Korea's finance minister called on Group of Seven nations to make artificial intelligence capacity building a core priority for developing countries during a Paris meeting this week.
Finance Minister Koo Yun-cheol said AI and digital technologies are essential for productivity growth in developing economies. He urged G7 governments, multilateral development banks, and private companies to work together to strengthen AI capabilities across the developing world.
Koo made the remarks at the G7 finance ministers and central bank governors' meeting held Tuesday in Paris. South Korea attended alongside India, Brazil, and Kenya as invited guests.
Addressing global economic imbalances
Koo also flagged global economic imbalances as a risk to worldwide growth. He said all countries must take policy action to reduce these disparities.
On the sidelines of the G7 meeting, Koo met with finance officials from Germany and Canada. During talks with German Finance Minister Lars Klingbeil, both sides committed to strengthening strategic cooperation on addressing global imbalances and diversifying supply chains.
In a separate meeting with Canadian Finance Minister Francois-Philippe Champagne, Koo expressed interest in expanding bilateral cooperation in energy, defense, and other sectors.
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