South Korean President Lee Jae Myung and Singaporean Prime Minister Lawrence Wong agreed Sunday to determine a strategic partnership between their international locations and increase cooperation throughout numerous sectors, together with protection and commerce.
The leaders introduced the launch of the strategic partnership throughout a joint press convention on the presidential workplace following their summit talks, which passed off throughout Wong’s official go to to South Korea.
“Our two international locations have many similarities, in that now we have each achieved exceptional development primarily based on human capital and an open free commerce order regardless of restricted land, scarce assets and difficult geopolitical atmosphere,” Lee stated.
The 2 sides reached their first settlement on exports of beef and pork from Jeju Island to Singapore and additional agreed to deepen cooperation in areas of safety, defence, synthetic intelligence, superior expertise, people-to-people exchanges and transnational crimes, like on-line scams, Yonhap information company reported.
Below the strategic partnership, the 2 international locations will step up cooperation to higher deal with international challenges, reminiscent of local weather change and transnational crimes, amid the wavering worldwide order that has lengthy underpinned international development and prosperity, in response to the presidential workplace.
Wong famous important potential for collaboration in areas of the inexperienced trade, digital trade, safety and protection, and expressed full help for South Korea’s efforts to advertise peace on the Korean Peninsula.
In the course of the assembly, the 2 sides additionally signed memorandums of understanding (MOUs) on digital cooperation, logistics and delivery, tradition and sports activities.
Wong is in Seoul after attending the Asia-Pacific Financial Cooperation summit and associated occasions held within the southeastern metropolis of Gyeongju final week.