Overview
- Leaders Lee Jae Myung and Recep Tayyip Erdogan met in Seoul on Tuesday, Nov. 3, and signed memorandums and set up joint bodies to deepen industrial and security ties.
- The summit produced an MOU on nuclear project financing to support Korean companies' participation in Turkey's planned Sinop reactors and confirmed ongoing site assessments and feasibility work.
- Seoul and Ankara agreed to expand defence cooperation through joint production, technology sharing, and coordinated bids to sell equipment together in third-country markets.
- The two governments set a goal to raise bilateral trade toward $15 billion and signaled talks to update their 2013 free trade agreement to address trade imbalances and business barriers.
- They created a Korea‑Turkey Energy Transition Forum and a science and technology committee to coordinate on clean energy, AI, biotech and critical minerals while affirming strategic dialogue on the Korean Peninsula, Ukraine, and Middle East stability.