Lee and Prabowo agree to elevate South Korea-Indonesia ties

South Korean President Lee Jae Myung and Indonesian President Prabowo Subianto agreed on April 1 in Seoul to elevate their bilateral ties to a special comprehensive strategic partnership and expand defense industry cooperation. They committed to strengthening resource supply chains amid Middle East war uncertainties. The two nations signed 10 memorandums of understanding.

South Korean President Lee Jae Myung and Indonesian President Prabowo Subianto held summit talks in Seoul on April 1, agreeing to upgrade their special strategic partnership to a special comprehensive strategic partnership, the highest level short of a formal alliance.

The leaders committed to expanding defense cooperation based on the KF-21 fighter jet program, known as IF-X in Indonesia, set for completion in June. They expressed expectations for progress in trainer aircraft, anti-tank guided missile systems, and ammunition projects, according to a joint statement. South Korea launched the KF-21 in 2015, with Indonesia joining for technology transfers; Seoul plans to export 16 units, its first overseas sale of homegrown jets.

Amid Middle East war uncertainties affecting oil and gas, Lee urged expanded resource supply chain cooperation to minimize impacts. He noted Indonesia as South Korea's sixth-largest LNG supplier and highlighted reliance on Middle East imports. Prabowo stressed complementary strengths: South Korea's technology and Indonesia's resources and market.

The summit saw 10 MOUs signed on critical minerals, advanced technologies, AI-based health care, intellectual property, renewable and nuclear energy, and carbon capture. Korea's Export-Import Bank and Indonesia's Danantara sovereign fund agreed on financing for Korean firms in key sectors. Lee awarded Prabowo the Grand Order of Mugunghwa and gifted a traditional Korean bow set and Joseon Dynasty martial arts book.

Relaterade artiklar

South Korean President Lee Jae-myung shakes hands with Indian PM Narendra Modi at New Delhi trade summit, Samsung chairman takes viral selfie.
Bild genererad av AI

Lee Jae-myung and Modi agree on trade expansion and supply chain cooperation

Rapporterad av AI Bild genererad av AI

President Lee Jae-myung held a summit with Indian Prime Minister Narendra Modi in New Delhi on April 20, agreeing to double bilateral trade to $50 billion by 2030 and cooperate on energy supply chains amid Middle East tensions. The leaders confirmed resuming CEPA upgrade talks and signing MoUs in shipbuilding, AI and other areas. A selfie taken by Samsung Chairman Lee Jae-yong with a Galaxy Z Flip7 during the event went viral.

In remarks to Korean expats upon arriving in New Delhi, President Lee Jae-myung pledged to elevate Korea-India relations to an 'entirely new level' via Monday's summit with PM Narendra Modi, amid Middle East-driven supply chain risks.

Rapporterad av AI

President Lee Jae-myung returned home on April 24 after a six-day trip to India and Vietnam. He focused on expanding cooperation in energy and supply chains amid Middle East uncertainties during summits with the countries' leaders. Agreements aimed at doubling trade volumes and deepening strategic ties were reached.

President Lee Jae Myung vowed Friday to tackle global challenges by pursuing pragmatic diplomacy centered on national interests and strengthening trilateral cooperation with the United States and Japan.

Rapporterad av AI

President Lee Jae Myung is set to hold a bilateral summit on Wednesday with Vietnam's top leader To Lam in Hanoi. Discussions will focus on strengthening economic ties and supply chain coordination amid global uncertainties. Lee's state visit marks the first by a foreign leader since To Lam was elected state president earlier this month.

Denna webbplats använder cookies

Vi använder cookies för analys för att förbättra vår webbplats. Läs vår integritetspolicy för mer information.
Avböj