MANILA, March 3 (Reuters) – Philippine President Ferdinand Marcos met South Korean President Lee Jae Myung in Manila on Tuesday, where they discussed ways to deepen economic and security ties. Lee was in Manila on a state visit. * Marcos said both sides “recognise growing uncertainty ingeopolitical developments,” and agreed on the need to uphold […]
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Philippines, South Korea leaders pledge closer cooperation as geopolitical uncertainty mounts
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MANILA, March 3 (Reuters) – Philippine President Ferdinand Marcos met South Korean President Lee Jae Myung in Manila on Tuesday, where they discussed ways to deepen economic and security ties.
Lee was in Manila on a state visit.
* Marcos said both sides “recognise growing uncertainty ingeopolitical developments,” and agreed on the need to uphold arules‑based international order, including in the maritimedomain. * The Philippines and South Korea agreed to expandcooperation in shipbuilding, nuclear energy and artificialintelligence. * Lee said the two countries will also cooperate ininfrastructure and defence industries. * Lee added that South Korea and the Philippines plan towork together on critical minerals and supply chains. * The two leaders also discussed the situation in the MiddleEast during their talks. * South Korean companies will help the modernisation of thePhilippine military, Lee said * The countries signed MOUs in various sectors, includingdigital technology, procurement of specific defence equipment,agriculture, intellectual property, foreign language education,culture, and police investigations.
(Reporting by Mikhail Flores and Heejin Kim; Editing by David Stanway)