US and South Korea Sign Technology Prosperity Deal to Strengthen AI and Quantum Cooperation
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US, South Korea to Sign Deal Boosting AI, Quantum Cooperation
President Donald Trump's administration is slated to sign a deal with South Korea aimed at bolstering cooperation in artificial intelligence, quantum computing and 6G, according to a US official -- part of a bid to maintain a competitive edge with China in an expanding race for tech supremacy. The agreement is set to be signed on Wednesday by Michael Kratsios, director of the White House Office of Science and Technology Policy, according to the official, who discussed plans not yet public on condition of anonymity.
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Korea, US to sign deal to expand ties in science - The Korea Times
Korea's science ministry said Wednesday it will sign an agreement with the United States to broaden cooperation in the science sector on the sidelines of the Asia-Pacific Economic Cooperation (APEC) gathering under way in the southeastern city of Gyeongju, North Gyeongsang Province. The Technology Prosperity Deal, to be signed by Science Minister Bae Kyung-hoon and Michael Kratsios, head of Washington's Office of Science and Technology Policy, later in the day, centers on expanding "omnidirectional" cooperation in science, according to the Ministry of Science and ICT. The ministry said the agreement comes amid the growing importance of emerging technologies, including artificial intelligence (AI), quantum and synthetic biology. "Through this cooperation, we aim to jointly seek prosperity for future generations, enhance the quality of life for people in both countries, and further elevate the alliance between Korea and the U.S.," it said. In detail, the two countries agreed to speed up efforts to utilize and innovate AI technology for the development of various industries. Seoul and Washington will jointly develop policy frameworks and work to establish a shared AI ecosystem in Asia and other regions. The two countries will also join hands in the exports of reliable AI technology while promoting safe AI-driven innovation. The science ministry said Korea and the United States will further bolster cooperation in next-generation communications, pharmaceutical supply chains, quantum innovation and space exploration. "The memorandum of understanding is a symbol of cooperation for the prosperity of future generations, just as its title suggests," Bae said. Bae added that Korea hopes to further expand exchanges with the U.S. in the science sector, building on previous agreements, including Seoul's partnership with OpenAI. Earlier this month, President Lee Jae Myung met with OpenAI CEO Sam Altman and discussed ways to expand partnerships in AI, as Korea seeks to become an AI hub in Asia.
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Korea, US to sign deal to strengthen AI cooperation: report - The Korea Times
Korea and the United States are expected to sign a deal Wednesday to boost cooperation in advanced technologies, including artificial intelligence (AI), quantum computing and 6G, according to a report by Bloomberg. The signing will take place as President Lee Jae Myung and U.S. President Donald Trump will meet for talks later in the day in Gyeongju, North Gyeongsang Province, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) gathering. Under the agreement, the two countries will make efforts to strengthen export controls for AI and reduce regulatory burdens for companies to make it easier to store and use data in different geographic locations, Bloomberg reported, citing an unnamed U.S. official. The deal -- set to be signed by Michael Kratsios, director of the White House Office of Science and Technology Policy -- also seeks to improve biotechnology and pharmaceutical supply chains, protect advances in quantum technology, and promote space and 6G partnerships, it said. "The Trump administration is redefining American technological leadership by driving bilateral collaborative partnerships with allies like Korea," Kratsios said in a statement, according to Bloomberg. The deal would follow similar agreements on technology cooperation the U.S. signed earlier with Japan and Britain, it said.
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The United States and South Korea have signed a comprehensive technology cooperation agreement focusing on AI, quantum computing, and 6G development. The deal aims to enhance bilateral collaboration in emerging technologies while maintaining competitive advantages against China in the global tech race.
Historic Technology Partnership Agreement
The United States and South Korea have formalized a comprehensive technology cooperation agreement, marking a significant milestone in bilateral relations and the global race for technological supremacy. The Technology Prosperity Deal was signed by South Korean Science Minister Bae Kyung-hoon and Michael Kratsios, director of the White House Office of Science and Technology Policy, during the Asia-Pacific Economic Cooperation (APEC) gathering in Gyeongju, North Gyeongsang Province
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Source: The Korea Times
Strategic Focus on Emerging Technologies
The agreement centers on expanding cooperation across multiple cutting-edge technology sectors, with artificial intelligence serving as a primary focus area. Both nations have committed to jointly developing policy frameworks and establishing a shared AI ecosystem throughout Asia and other regions
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. The partnership extends beyond AI to encompass quantum computing, 6G communications technology, synthetic biology, and space exploration initiatives.
Source: The Korea Times
According to the South Korean Ministry of Science and ICT, the collaboration aims to "jointly seek prosperity for future generations, enhance the quality of life for people in both countries, and further elevate the alliance between Korea and the U.S."
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. This comprehensive approach reflects the growing importance of emerging technologies in maintaining national competitiveness and security.Regulatory and Trade Enhancements
A key component of the agreement involves streamlining regulatory processes and export controls to facilitate technology transfer and collaboration. The deal specifically addresses reducing regulatory burdens for companies, making it easier to store and use data across different geographic locations
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. This provision is particularly significant for AI development, where access to diverse datasets is crucial for training advanced models.The two countries have also agreed to strengthen export controls for AI technology while promoting the export of reliable AI solutions. This balanced approach aims to protect sensitive technologies while fostering innovation and commercial opportunities in the global marketplace
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Building on Existing Partnerships
The Technology Prosperity Deal builds upon South Korea's existing relationships with major AI companies, particularly its recent partnership with OpenAI. Earlier this month, South Korean President Lee Jae Myung met with OpenAI CEO Sam Altman to discuss expanding AI partnerships as Korea positions itself to become an AI hub in Asia
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.Michael Kratsios emphasized the strategic nature of this partnership, stating that "The Trump administration is redefining American technological leadership by driving bilateral collaborative partnerships with allies like Korea"
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. This agreement follows similar technology cooperation deals the United States has signed with Japan and Britain, indicating a broader strategy of strengthening alliances in the technology sector.
Source: Bloomberg Business
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