Overview
- President Lee Jae Myung and Prime Minister Mark Carney announced a strategic partnership that covers defense, security and military intelligence sharing.
- A joint statement described the partnership as "landmark" and outlined an action-focused plan to enhance interoperability, readiness and defense industrial ties.
- The leaders said substantive negotiations concluded on a classified-information protection agreement that will provide the legal basis for procurement, industrial security, research and operational coordination once it takes effect.
- Carney is visiting Gyeongju for APEC events in what is the pair's second summit since their June meeting on the sidelines of the G7.
- Following the talks, Carney toured Hanwha Ocean's Geoje shipyard as the company competes with Germany's ThyssenKrupp Marine Systems for Canada's submarine program valued at up to 60 trillion won.