U.S., S. Korea Finalize High-Tech Agreement
(MENAFN) The United States and South Korea on Wednesday finalized an agreement to collaborate on artificial intelligence (AI), biotechnology, space exploration, and next-generation mobile networks.
The initiative, named the Technology Prosperity Deal, was signed just ahead of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, in South Korea’s southeast, South Korean reported.
The announcement coincided with the arrival of US President Donald Trump in South Korea for a two-day visit, during which he engaged in discussions with President Lee Jae Myung.
"AI promises a new golden age of innovation by empowering individuals and supercharging progress across sectors like healthcare, advanced manufacturing, and education," the joint agreement stated.
Under the pact, Washington and Seoul will collaborate on "developing pro-innovation AI policy frameworks" and "promoting the export of trusted AI technology stacks,” according to the document.
Ha Jung-woo, senior AI policy and future planning advisor to President Lee, emphasized the guiding principles behind the agreement: “We have decided to put priority on direction over speed, trust over control, and cooperation over competition.”
Michael Kratsios, head of the White House Office of Science and Technology Policy, highlighted the strategic significance, saying the pact “reflects Washington's respect for South Korea as a technology partner of the US.”
South Korea will host the two-day high-level segment of the APEC summit starting Friday, with preparatory meetings for the gathering of 21 member economies already underway.
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