The Netherlands and South Korea have agreed to collaborate more on the further development of digital technologies such as artificial intelligence (AI), mobile communication applications (5G and 6G), quantum and digitalization of the manufacturing industry (smart industry). Minister Micky Adriaansens (Economic Affairs and Climate) signed this agreement during the state visit of South Korean President Yoon Suk-yeol to the Netherlands.
The agreement should enable more cooperation between Dutch and South Korean companies, knowledge institutions and governments in the field of digitalization. In this way, both countries can remain at the forefront in economic and scientific areas. The Netherlands is one of the most important trading partners in the EU for South Korea. Conversely, the Asian country is at the top worldwide in terms of public and private investments in research and development with 4.5% of gross domestic product.
The government has agreed with South Korea that, in addition to digital technologies, it will also cooperate in areas such as nuclear energy, carbon-free energy and also to stimulate knowledge exchange in the field of semiconductors. The Netherlands leads in technology for semiconductor production machines, while chip production itself is one of the most important economic activities in South Korea.
