S. Korea seeks increased cooperation in technology, defence production

S. Korea seeks increased cooperation in technology, defence production

Agency News

Seoul, Feb 20: Ahead of Prime Minister Narendra Modi's two-day visit to South Korea, President Moon Jae-in on Wednesday called for expanding bilateral cooperation and jointly lead the Fourth Industrial Revolution with India.

"We will spur future cooperation. India is home to a world-class pool of ICT professionals and an innovative business ecosystem in addition to basic science and technology. Korea has advanced information and communication technology as well as manufacturing and commercialization capabilities," President Moon said.

"If our nations can combine our strengths harmoniously, I believe that we will be able to jointly lead the Fourth Industrial Revolution," Moon said, according to the text released by his office Cheong Wa Dae.

The Fourth Industrial Revolution is a term used by policymakers, CEOs, and industry to describe technologies like artificial intelligence, quantum computing, 3D printing and the internet of things.

President Moon and Prime Minister Modi will hold a bilateral summit here on Friday.

"A profound friendship connects India and Korea, which is the rationale behind our high expectations for the future that we will unfold together.

"An Asian era will surely come, and our two countries will stand at its centre," said president Moon.

South Korea's Vice Defense Minister Suh Choo-suk meanwhile embarked on a four-day trip to India during which he would meet Defence Minister Nirmala Sitharaman and discuss cooperation in the arms industry.

The South Korean defence ministry said Suh would attend the AERO India show in Yelahanka, Bengaluru.

"In consideration of the increasing demand for exports to India and technological cooperation with the country, the vice defense minister has decided to attend the exhibition," the ministry said in a press release. (UNI)