Overview
- Leaders announced formal negotiations to modernize their 2006 free trade pact, with priorities that include supply chains, the green economy, trade facilitation and aviation MRO.
- Five MOUs were signed, covering AI for public safety (HTX–NIPA), civil nuclear capability building and SMR studies (EMA–KHNP), intellectual property, and broader science and technology collaboration in areas such as quantum and space.
- Seoul and Singapore will work toward an AI Cooperation Framework to expand joint research, real‑world applications and policy exchange, while Korea Development Bank and Temasek‑owned Seviora agreed on an investment partnership MOU.
- The leaders coordinated on regional security, assessing Middle East risks to energy and the global economy, and President Lee sought Singapore’s support for renewed dialogue on the Korean Peninsula.
- At the AI Connect forum, Lee said he would work toward establishing a Korea‑led global AI investment fund in Singapore by 2030 targeting $300 million, a plan reported from the event but not otherwise independently confirmed.