President Moon to Hold Video Summit with Dutch Prime Minister on 7th... Discuss Semiconductor Cooperation (Comprehensive)

[Image source=Yonhap News]

[Asia Economy Reporter Lee Ji-eun] President Moon Jae-in will hold a virtual summit with the Prime Minister of the Netherlands on the 7th, marking the 60th anniversary of diplomatic relations, to discuss cooperation in future industries such as semiconductors.

Park Kyung-mi, spokesperson for the Blue House, stated in a briefing on the 5th, "On the afternoon of the 7th, President Moon will hold a Korea-Netherlands virtual summit with Dutch Prime Minister Mark Rutte to discuss bilateral relations and global issues."

This summit is being held for the first time in three years, with the Netherlands initiating the meeting to commemorate the 60th anniversary of diplomatic ties.

Spokesperson Park said, "The two leaders will discuss ways to expand cooperation on the global stage based on the comprehensive future-oriented partnership established in 2016," and expressed expectations that this meeting will strengthen the partnership in preparation for the Fourth Industrial Revolution era.

Park added, "The Netherlands is an allied country that dispatched 5,000 troops during the Korean War, is the second largest trading partner in Europe, and is a country where the need for cooperation in future industries such as semiconductors and renewable energy is increasing," explaining, "As a leading producer of semiconductor equipment such as extreme ultraviolet lithography machines, it is evaluated that there is great potential for mutually complementary cooperation by combining the Netherlands' strengths with Korea's semiconductor manufacturing capabilities to establish a stable supply chain."

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