Welcome to the latest edition of our quarterly global supply
chain horizons providing you with a update on the key developments
from around the world.
Cross-Border
UK/South Korea: Agreement to strengthen technology,
defence and security partnership
On 20 November, the 'Downing Street Accord' was announced. This is a new long term agreement
signed between the UK and South Korea. The partnership will focus
on increasing technology sharing, defence cooperation and
supporting regional security at sea, on land and in cyberspace.
Impact: The Downing Street Accord, which
follows the signing of similar UK partnerships with Singapore and
Japan earlier this year, is aimed at deepening the relationship
between the UK and South Korea. Among the announcements included in
the Accord, are the launch of negotiations on an updated Free Trade
Agreement and flagship semi-conductor partnership, aimed at
securing future supply chains.
