President Lee: "Commencement of Korea-NATO Basic Procurement Agreement Negotiations... A Foundation for Our Defense Industry Companies"

On July 7 (local time), President Lee Jaemyung stated, regarding the commencement of negotiations for the "Procurement Framework Agreement" between Korea and the North Atlantic Treaty Organization (NATO), "This will serve as a strong foundation for our defense companies to further expand into the NATO defense market."

During his visit to Türkiye for the NATO Summit, President Lee posted on X (formerly Twitter), "I met with NATO Secretary General Mark Rutte and discussed ways to further advance Korea-NATO cooperation." He added, "I hope that our companies, equipped with world-class technology and competitiveness, will be able to fully demonstrate their capabilities on a larger stage and create new opportunities for growth."

Yonhap News

President Lee also commented on the meeting of Indo-Pacific partner nations (IP4) following his discussion with Secretary General Rutte, saying, "It was a meaningful conversation." He explained, "Today's security environment is so complex and rapidly changing that no single nation can respond to it alone. We agreed that, as the partners of Europe and the Indo-Pacific build on each other's strengths and expand cooperation in defense, advanced technology, and innovation, our security will become more robust, and the peace and stability of the world will be further solidified."

Additionally, President Lee emphasized, "The Republic of Korea will continue to fulfill its responsibilities as a committed member of the international community," and added, "We will join hands with like-minded countries and do our utmost to ensure the safety of our citizens and the peace of the world."

This content was produced with the assistance of AI translation services.