Seoul: South Korea and Finland are exploring avenues for mutual economic benefits amid global supply chain disruptions caused by ongoing geopolitical tensions in the Middle East. Finnish Economic Minister Sakari Puisto emphasized the potential for collaboration between the two nations due to their "complementary interests," during an interview with Yonhap News Agency while on a three-day visit to South Korea.
According to Yonhap News Agency, Minister Puisto highlighted the shared focus on artificial intelligence (AI) and advanced technologies as a key area for cooperation. He noted South Korea's leading position in research and development, particularly in AI, which aligns with Finland's strategic investments in critical enabling and breakthrough technologies. Puisto stressed the importance of deepening ties in the AI industry, referencing Finland's expertise in AI-native networks and AI data centers.
Puisto also addressed the potential for collaboration in economic security, particularly in the minerals sector. He underscored Finland's robust mineral reserves and exploration activities, suggesting that Finland could support South Korea through supply chain management and information sharing. This partnership could leverage South Korea's processing capabilities to enhance both nations' economic resilience.
Furthermore, the Finnish minister touched upon the global concerns regarding AI's impact on the job market. He advocated for adult education and lifelong learning programs to facilitate skill development, proposing cooperation with South Korea to foster exchanges among scholars, professors, students, and startup companies.
During his visit, Minister Puisto also engaged with officials from Hanwha Aerospace Co. to discuss strengthening defense industry cooperation. Highlighting Finland's significant investment in defense capabilities, he noted the ongoing discussions around artillery systems and emphasized the importance of bilateral cooperation in the defense sector.