Lee says cooperation with US should go beyond alliance to techs, innovation, startups

SAN FRANCISCO — President Lee Jae Myung said Saturday that Korea and the United States should advance their ties beyond their time-honored alliance by expanding cooperation into technology, innovation and startups.

Lee made the remarks at a meeting in San Francisco with venture capitalists investing in Silicon Valley.

The Korean president arrived here Friday en route to Brazil, the first destination of his three-nation trip to South America.

"Korea and the U.S. should expand the scope of their cooperation beyond the longstanding security alliance to include technology, innovation and startups," Lee said.

He insisted that combining the U.S.' world-class venture capital capacity and global networks with Korea's advanced technology and manufacturing competitiveness would create new global innovators, the likes of global chipmakers Samsung Electrnics and SK hynix, that will lead the world. ...