ASEAN-Korea Partnership Vital for Regional Digital Transformation

​Jakarta, Indonesia – The partnership between ASEAN and South Korea is crucial for accelerating digital transformation in the Southeast Asian region. As a country with expertise in digital innovation, South Korea can support ASEAN in the development of digital innovation and infrastructure. This was conveyed by the Minister for Foreign Affairs of Indonesia, Retno Marsudi, during the meeting of ASEAN Foreign Ministers with the Foreign Minister of South Korea in Jakarta (13/7). Next year marks the 35 th anniversary of ASEAN-South Korea relations, and the plan to launch the Comprehensive Strategic Partnership between the two countries. Foreign Minister Retno stated that there are two areas of cooperation that need to be promoted. First , accelerating digital infrastructure development in ASEAN. This year, ASEAN’s economic growth is projected to reach 4.7%. To maintain this momentum, investment in digital transformation infrastructure is needed, particularly in communication infrastructure, digital innovation in the banking sector, and digital payments. "As a global powerhouse for digital innovation, South Korea can help ASEAN in attaining development in this crucial sector, including by rendering support on the planned “ASEAN-Indo-Pacific Forum: Implementation of the AOIP," said Foreign Minister Retno. Second, maintaining commitment towards lasting peace and stability in […]

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