Diplomacy President Yoon holds a summit with Philippine President Marcos
By Diplomacy Journal Lee Jon-young President Yoon Suk-yeol held a summit with Philippine President Ferdinand Marcos Jr. on Oct. 7 (local time) and agreed to expand economic cooperation, including cooperation on “mega-infrastructure” worth about $2 billion (2.69 trillion won), and strengthen cooperation in the defense and security fields. The two countries also upgraded their bilateral relationship to a “strategic partnership. This is the first formal bilateral relationship in 75 years of diplomatic relations between the two countries. During the Korea-Philippines summit held in Manila, Philipp