Manila, March 3 -- The Philippines and South Korea on Tuesday pledged to expand cooperation in strategic sectors including shipbuilding, nuclear power, artificial intelligence (AI), and digital technology, building on existing trade, infrastructure, and defense ties.

In a joint press conference with President Ferdinand R. Marcos Jr. at Malacanan Palace in Manila, South Korean President Lee Jae Myung said both countries agreed to strengthen collaboration in key industries and explore new areas of growth to achieve shared prosperity.

"We have agreed to further expand cooperation in new areas of growth such as shipbuilding, nuclear power, supply chain, AI, and digital," Lee said after his bilateral meeting with Marcos.

Both leaders highli...