South Korea's Lee, Italy's Meloni agree to strengthen cooperation in AI, chips

South Korean President Lee Jae Myung and Italian Prime Minister Giorgia Meloni agreed on Monday to expand cooperation in sectors such as artificial intelligence, aerospace, chips and critical minerals, according to the Blue House.



Meloni is visiting South Korea for summit talks with Lee.



South Korea is a global leader in semiconductors and the countries signed a memorandum of understanding for chip industry cooperation, including those related to AI, Seoul's presidential Blue House said in a statement.



The two leaders also agreed to intensify joint efforts to develop resilient and reliable critical mineral supply chains, the statement said.



Meloni and Lee also discussed collaboration in joint research projects and exchanges, tourism and culture cooperation, and reaffirmed their commitment to the denuclearisation of the Korean Peninsula.



Italy is one of South Korea's four largest trading partners in the European Union, the Blue House said.