Overview
- Leaders moved to wrap the two-day meetings with the fate of a unanimous joint declaration on free trade still uncertain as negotiations ran to the end.
- Nvidia’s Jensen Huang announced a plan to deploy 260,000 AI chips in Korea, while officials counted roughly US$9 billion in investment commitments linked to the CEO Summit.
- Lee and Xi are scheduled to hold their first summit on Saturday with denuclearization, regional peace and economic issues on the agenda in Xi’s first visit to Korea in 11 years.
- Lee met the UAE crown prince to broaden cooperation in advanced technology and cultural exchange, and received an invitation to visit the Emirates in November.
- In separate bilaterals, Lee and the leaders of the Philippines and Chile agreed to deepen ties across defense, shipbuilding, infrastructure, core minerals and renewable energy, with coordination against transnational crime highlighted with Manila.