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Home»Stock Market»South Korea, France comply with deepen protection cooperation amid Center East battle
Stock Market

South Korea, France comply with deepen protection cooperation amid Center East battle

EditorBy EditorApril 3, 2026No Comments4 Mins Read
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South Korea, France comply with deepen protection cooperation amid Center East battle
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French President Emmanuel Macron (L), his spouse Brigitte Macron (again C) and South Korean President Lee Jae Myung (C) and his spouse Kim Hea Kyung (R) attend the welcome ceremony on the presidential Blue Home in Seoul on April 3, 2026.

Jung Yeon-je | Afp | Getty Pictures

South Korean President Lee Jae Myung and French President Emmanuel Macron stated on Friday they deliberate to spice up protection cooperation and work collectively to handle the financial and vitality crises triggered by the struggle in Iran.

Macron arrived in South Korea on Thursday for a two-day state go to after additionally visiting Japan, and held a summit in Seoul on Friday.

It’s the first state go to by a French president since 2015 and French officers have stated the journey goals to strengthen France’s strategic and financial position within the area at a time of “sturdy worldwide and regional tensions.”

“President Macron and I agreed to share policy-related experiences and methods so as to collectively deal with the financial and vitality crises triggered by the Center East struggle,” Lee stated after the summit.

The leaders additionally confirmed their dedication to bolstering vitality safety, together with by collaborating to safe secure maritime transport routes by the Strait of Hormuz, he stated.

Like different Asian economies, South Korea depends closely on vitality imports, together with by the Strait of Hormuz. Iran has successfully shut down the waterway in retaliation for U.S.-Israeli assaults that started on February 28, driving up vitality costs and stoking fears of a worldwide recession.

Macron ‌stated on Thursday that it could be unrealistic to launch a navy operation to power open the strait, after U.S. President Donald Trump challenged U.S. allies to work in the direction of reopening it.

Protection ties

Macron stated after Friday’s summit that the nations, each main arms producers, would attempt to spice up their protection ties.

“What we wish to do is give this cooperation a recent dimension,” Macron stated, citing joint workouts and extra cooperation in manufacturing and in vital navy capabilities.

“On either side, we wish to equip ourselves with higher strategic depth in navy manufacturing.”

Lee additionally stated the nations will additional increase cooperation in safety fields akin to aerospace and protection.

South Korea and France are as a result of signal plenty of preliminary agreements to cooperate in sectors together with vital minerals, semiconductors, quantum applied sciences, nuclear vitality and wind energy, Lee’s workplace stated.

The nations additionally aimed to enhance bilateral commerce to $20 billion by 2030 from $15 billion in 2025, Lee stated.

Lee highlighted memoranda of understanding to be signed between South Korea’s state-run Korea Hydro & Nuclear Energy and French corporations Orano and Framatome, saying this is able to assist safe gasoline provides for Korean nuclear energy crops and lay the inspiration for joint entry into the worldwide nuclear market.

Lunch and Ok-pop

The 2 leaders may have lunch after their summit, accompanied by about 140 authorities officers and enterprise executives from each nations. Felix, a member of the Ok-pop boy band Stray Youngsters who has been named an honorary ambassador to France, may even attend, Lee’s workplace stated.

On Thursday, a banquet attended by the leaders and their wives was served by chef Son Jong-won, who was on Netflix’s well-liked “Culinary Class Wars”, the Blue Home stated. Signed CDs from prime Ok-pop acts like BTS, Stray Youngsters and G-DRAGON have been additionally ready as items for France’s First Girl Brigitte Macron.

The French president is scheduled to ship a speech at Yonsei College in Seoul after the summit and attend a enterprise discussion board alongside Prime Minister Kim Min-seok, in response to the Blue Home.

Macron is scheduled to fulfill the CEOs of Samsung, Naver and Hyundai Motor throughout the journey as he seeks to spice up French exports to South Korea and appeal to Korean funding into France’s industrial and know-how sectors, in response to the Elysee.

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