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PM holds talks with RoK President

VGP – PM Nguyen Xuan Phuc held talks with President of the Republic of Korea (RoK) Moon Jae-in in Seoul on November 27.

November 28, 2019 10:56 AM GMT+7

 Prime Minister Nguyen Xuan Phuc (L) shakes hands with President of the Republic of Korea Moon Jae-in, Seoul, November 27, 2019 - Photo: VGP/Quang Hieu

     >>> VN attaches important to relations with the RoK: PM

At the friendly, sincere, and open atmosphere, leaders of the two countries briefed each other about their respective situations and ways to boost the bilateral ties.

President Moon Jae-in congratulated Vietnamese people on the great achievements they have recorded in economic development and national construction over the past time. He hailed the development of the bilateral relationship across spheres, the host leader stressed that Viet Nam is the core partner in the RoK’s New Southern Policy, and suggested the two countries advance their cooperative ties to a new level. 

The President hoped that PM Phuc would support and attend international forums to be organized by the RoK, including the Partnering for Green Growth and the Global Goals 2030 (P4G), in Seoul in June 2020.

On behalf of the Vietnamese Government, PM Phuc congratulatedthe RoK on successfully organizing the 30th ASEAN-RoK Commemorative Summit and the first Mekong-RoK Summit. 

The two leaders agreed to consolidate and enhance mutual understanding and trust, conduct regular delegation exchanges and meetings between leaders at both central and local levels, and effectively maintain ministerial-level dialogue mechanisms in diplomacy, national security and defense. 

PM Phuc invited President Moon to attend relevant high-level ASEAN conferences to be hosted by Viet Nam in 2020. The Korean President accepted the invitation with pleasure. 

They reiterated the common goal of balancing the two-way trade, and consented to raise the bilateral trade revenue to US$100 billion in the years to come.

PM Phuc called on the RoK to create favorable conditions for Viet Nam to increase its exports to the Northeast Asian country, especially farm produce and seafood.

He hailed the RoK as Viet Nam’s biggest foreign investor that has actively contributed to the Southeast Asian country’s socio-economic development, and called on Korean firms to pour more investments in the areas of the RoK’s strength and Viet Nam’s demand, particularly high-tech, support and auto industries.

The two sides also agreed to step up partnership in development cooperation and effectively implement the official development assistance (ODA) package of US$ 1.5 billion the RoK has committed for the 2016-2020 period.

They were delighted at the fruitful cooperation and people-to-people exchange between the two countries, emphasizing that it is a solid foundation for the sustainable development of bilateral ties.

The two leaders agreed to continue encouraging and facilitating people-to-people exchanges, pay attention to and support the Vietnamese community in the RoK and the Korean community in Viet Nam, while promoting cooperation in culture, education, scientific research and sports, among others.

PM Phuc said he hopes the President, government and people of the RoK to continue supporting the Vietnamese community in the host country, especially the Vietnamese-Korean families.

The two took the occasion to discuss international and regional issues and agreed to increase information sharing, cooperation and mutual support at international forums like the United Nations and the Association of Southeast Asian Nations (ASEAN), stressing the importance of ensuring peace, security, safety and freedom of navigation and aviation, and the settlement of disputes in the East Sea by peaceful measures in line with international law.

PM Phuc welcomed the RoK’s efforts in boosting the peace process on the Korean Peninsula, and affirmed Viet Nam’s consistent policy of supporting peace, stability and denuclearization on the Korean Peninsula, and settling related issues via peaceful measures and dialogues.

President Moon congratulated Viet Nam on becoming a non-permanent member of the UN Security Council for the 2020-2021 tenure and ASEAN Chair 2020, and affirmed his country’s coordination with Viet Nam to fulfill the important role.

After the talks, the two leaders witnessed the signing of cooperation documents between the two sides, including a protocol amending the double taxation avoidance agreement, a memorandum of understanding on cooperation in navigation and crew training, an MoU on cooperation between the Vietnam Trade Promotion Agency (Vietrade) and the Korea Trade Promotion Agency (KOITRA), an MoU on cooperation to enhance capacity of the Vietnam Development Bank between the Vietnam Finance Ministry and the Korea Development Bank (KDB)./.

By Kim Anh