Kim Wan-ki, chief of South Korea's trade policy bureau under the trade ministry, held a videoconference with Australia's first assistant secretary of the foreign and trade department Elisabeth Bowes.

Both the countries discussed a wide range of issues on digital trade, including trade norms, standards and the industry's transition to digital, according to a news agency report.

They also agreed to actively share related information and expand joint projects to seek new business chances in the digital sector and to help their industries' transition to digital.

"The two nations are like-minded partners that have similar policy goals and commitment under the changing global trade circumstances," the ministry said in a release.

Fibre2Fashion News Desk (DS)