(MENAFN- Gulf Times) South Korean President Lee Jae Myung and Singaporean Prime Minister Lawrence Wong agreed Sunday to establish a strategic partnership between their countries and expand cooperation across various sectors, including defense and trade.
The two leaders announced the launch of the strategic partnership during a joint press conference at the presidential office following their summit talks, which took place as part of Prime Minister Wong's official visit to South Korea.
“Our two countries share many similarities. We have both achieved remarkable growth based on human capital and an open, free-trade order despite limited land, scarce resources, and a challenging geopolitical environment,” President Lee said.
According to Yonhap News Agency, the two sides agreed to deepen cooperation in the areas of security, defense, artificial intelligence, advanced technology, people-to-people exchanges, and combating transnational crimes such as online scams.
Under the new strategic partnership, South Korea and Singapore will also strengthen collaboration to address global challenges, including climate change and cross-border crimes, amid a shifting international order that has long underpinned global growth and prosperity, according to the presidential office.
Prime Minister Wong highlighted significant potential for collaboration in the green economy, digital innovation, security, and defense, and expressed his full support for South Korea's efforts to promote peace on the Korean Peninsula trade strategic partnership

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