"Singapore to Become a Key Partner in Innovation and Economic Security"

[Anchor]
Yoon Suk Yeol, who is on a state visit to Singapore, said the two countries will be reborn as key partners in economic security as well as innovation.

Introducing the supply chain partnership agreement signed by the two countries on the occasion of the South Korea-Singapore summit, he mentioned that it will be the basis for mutual prosperity.

Let's listen directly to President Yoon's keynote speech at the South Korea-Singapore Business Forum.

[Yoon Suk Yeol / President] Now we must prepare for a new half-century together, based on the last half-century. Singapore is a hub for trade, finance, and investment and stands out in high-tech fields such as AI, digital, and bio. Along with traditional major manufacturing industries, South Korea has a world-class industrial portfolio ranging from high-tech industries such as semiconductors, batteries, and future cars. Businessmen, South Korea and Singapore will be reborn as partners in innovation and key partners in economic security. If South Korea's industry-specific supply chain information and Singapore's transit trade volume information are shared together, we can maintain a foundation for mutual prosperity even in the face of an economic and security crisis.