Korean President vows support for ASEAN’s startup development
President of the Republic of Korea (RoK) Moon Jae-in has affirmed that the RoK will join hands with ASEAN member nations to promote startups in the field of technology as part of their efforts towards creative growth.
Hanoi (VNA) – President of the Republic of Korea (RoK) Moon Jae-in hasaffirmed that the RoK will join hands with ASEAN member nations to promotestartups in the field of technology as part of their efforts towards creativegrowth.
Speaking at the ASEAN-RoK Startup Summit held on the sidelines of the ASEAN-RoKCommemorative Summit in Busan on November 26, Moon said “startups will revive the future of the RoK and ASEAN".
He affirmed "there is no border to innovation, and boundariesare meaningless in the era of convergence of the fourth industrialrevolution."
According to the Korean President, international cooperation is indispensablein startup policies, and regional countries should create a startup ecosystemfor the RoK and 10 ASEAN member countries.
He declared that the RoK will go with ASEAN on its path of developing thestartup sector.
Moon said the startup summit has formalized "cooperation andsolidarity" between the ASEAN and the RoK for the first time.
The two sides plan to form a ministerial consultation forum as well forfollow-up measures, in the context that startups are described as key to “innovation""opportunity" and "hope" for all the regional nations and theirpeople, he said.
The Association of Southeast Asian Nations (ASEAN) comprisesBrunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines,Singapore, Thailand and Vietnam./.
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