NATO and South Korea on Thursday signed a new partnership program that sets the framework for cooperation and political dialog.
NATO Deputy Secretary-General Alexander Vershbow and the South Korean Ambassador Kim Chang-beom signed the first Individual Partnership Cooperation Program (IPCP) at NATO's Brussels headquarters.
The new partnership program will promote political dialog and practical cooperation in a number of joint priority areas, including response to terrorism, multinational peace support operations and Science for Peace and Security, a NATO press release said.
South Korea is already a contributor to the Alliance's stabilization efforts in Afghanistan, where it leads a provincial reconstruction team in Parwan province. Seoul has also made a generous contribution of $50 million to the Afghan National Army Trust Fund.
Inking of the IPCP is the result of seven years of progressive engagement from a dialog between the two sides initiated in 2005.
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Political News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.