As 2024 marks 35 years of dialogue relations between ASEAN and South Korea, Mr Wong and Mr Yoon discussed the potential for ASEAN and South Korea to improve cooperation in key areas like trade and the digital economy.
The leaders also witnessed the signing of an extradition treaty, as well as the exchange of five Memoranda of Understanding (MOUs) and agreements to enhance cooperation in the areas of supply chain resilience, food safety, energy, start-ups, and technology.
“These MOUs and agreements reflect the multifaceted nature of the Singapore-ROK partnership and set a good momentum for expanding bilateral cooperation as the two countries progress towards a strategic partnership,” MFA said.
Mr Wong said in a Facebook post that both countries “have much in common”.
“We were both ‘Asian Tigers’ that successfully transformed our economies. Korea of course has done so on a much bigger scale, with its innovative companies and trendsetting culture,” he said, adding that their shared experience makes them “natural partners”.
