·New procurement pact will alllow Korean firms to move beyond bilateral deals into NATO’s collective defense market ANKARA, Turkey — President Lee Jae Myung left his first NATO summit with both a vision and vehicles to advance it: a proposal to move South Korea beyond the role of an arms exporter toward deeper defense industrial cooperation with the alliance, and the launch of negotiations on an agreement that would help make that shift possible.
·At the summit in Ankara, Lee called for South Korea and NATO to move toward joint development, production and operation of weapons systems through a “Korea-NATO Defense Industry Partnership 2.0.” At the same time, Lee secured the launch of negotiations on a procurement framework agreement with NATO that could expand Korean firms’ access to alliance-wide procurement and defense cooperation programs outside of deals with individual NATO member states.
·“Uncertain times demand bolder action and faster cooperation,” Lee wrote in a post on X on Wednesday, sharing a photo with NATO leaders during the banquet the previous evening.
·“Just as we pooled our wisdom to respond to the energy crisis, I hope we can combine our respective strengths in the defense industry and open a path toward shared growth.” Lee’s message reflected the broader mood at this year’s NATO summit, which took place as the 32-member alliance grapples with a range of security challenges, including Russia’s grinding war in Ukraine, war in the Middle East and growing questions about the long-term role of the United States in NATO collective security.…
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