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Korea-Peru Summit (May 2012): President Lee Myung-bak held talks with President Ollanta Humala of the Republic of Peru on May 10, elevating the level of bilateral relations from a Comprehensive Economic Partnership to a more omnidirectional Comprehensive Strategic Partnership. The two sides reaffirmed their shared commitment to further reinforcing opportunities for investments and exchanging services. Both sides agreed to develop joint programs and share experience in e-government and information technology, as well as official aid development along with military cooperation.

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Korea-Sri Lanka Summit (April 2012): President Lee Myung-bak and President Mahinda Rajapaksa of Sri Lanka held a summit talk on April 24 at Cheong Wa Dae, pledging to further consolidate opportunities for cooperation in the realms of economy and infrastructure. The two leaders discussed their partnership in line with Sri Lanka’s national development strategy, agreeing to push ahead projects that transfer Korea’s development experience. The summit resulted in producing memoranda of understanding between Korea and Sri Lanka expanding the scope of bilateral cooperation in the fields of development, energy, and information technology. Both also cited the need to carry forward mutually beneficial personnel, educational, and cultural exchanges.

Korea-Hungary Summit (March 2012): President Lee Myung-bak met with Hungarian President Pal Schmitt on March 29 on the sidelines of the Seoul Nuclear Security Summit. The Korean leader gave positive marks to the bilateral relations which have moved steadily forward ever since establishment in 1989. Hungary was the first East European nation Korea established diplomatic ties with in 1989. The two sides agreed to further consolidate cooperation in nuclear energy and science and boost balanced trade.; Current Affairs 2012 Seoul Nuclear Security Summit

Korea-Georgia Summit (March 2012): President Lee Myung-bak held bilateral talks with Georgian President Mikheil Saakashvili on March 29 on the margins of the Seoul Nuclear Security Summit. The two welcomed the foundation of the Georgian embassy in Seoul, marking the 20th anniversary of diplomatic ties and agreed to expand the scope of cooperation in the economic, trade, and development sectors.; Current Affairs 2012 Seoul Nuclear Security Summit

Korea-Indonesia Summit (March 2012): President Lee Myung-bak held a summit with President Susilo Bambang Yudhoyono of Indonesia on March 28 and discussed ways to further consolidate the already-solid strategic bilateral partnership. The two sides vowed to launch official talks on a Comprehensive Economic Partnership Agreement (CEPA) to extend trade cooperation beyond the Korea-ASEAN FTA, with plans to start the first round of negotiations within this year. The two leaders pledged more active civic contributions, announcing plans to host events in 2013 to mark the Year of Korea-Indonesia Friendship in commemoration of the 40th anniversary of bilateral ties.; Current Affairs 2012 Seoul Nuclear Security Summit

Korea- Ukraine Summit (March 2012): President Lee Myung-bak held a summit with Ukrainian President Viktor Yanukovych on March 28, on the sidelines of the Seoul Nuclear Security Summit, where they exchanged views on a variety of topics of mutual interest. Commemorating the 20th anniversary of the establishment of diplomatic ties, the two leaders praised the relationship between their two countries, which has been constantly developing in such sectors as politics, economy, and culture. The two sides also agreed to increase cooperation in other areas like aerospace, agricultural industry, and infrastructure.; Current Affairs 2012 Seoul Nuclear Security Summit

Korea-Vietnam Summit (March 2012): President Lee Myung-bak met with Vietnamese Prime Minister Nguyen Tan Dung on March 28 on the sidelines of the NSS, where they praised the steady progress of bilateral relations. Both leaders attributed high marks to bilateral trade reaching a breakthrough of USD 18.5 billion in 2011, and agreed to strengthen cooperative measures to reach the USD 20 billion mark at an early date. The two leaders also reached a consensus to launch official talks on a bilateral free trade pact and welcomed the signing of an MOU on cooperation in the development of nuclear power plants in Vietnam.; Current Affairs 2012 Seoul Nuclear Security Summit

Korea-Spain Summit (March 2012): President Lee Myung-bak met with Prime Minister Mariano Rajoy of Spain on March 28, on the sidelines of the Seoul Nuclear Security Summit, to discuss bilateral economic and trade cooperation. The two sides talked about the investment made by Spanish conglomerate group Acciona on the building of a wind power plant in Gyeongsangbuk-do (North Gyeongsang Province) and agreed to reinforce cooperation in the new and renewable energy sector as members of the International Renewable Energy Agency.; Current Affairs 2012 Seoul Nuclear Security Summit

Korea-EU Summit (March 2012): President Lee Myung-bak held a summit with President Herman Van Rompuy of the European Council and President Jose Manuel Barroso of the European Commission on March 28, on the margins of the Seoul NSS. The leaders evaluated the bilateral ties which further advanced since the Korea-EU FTA took effect last July. At the meeting followed by a joint press conference, the two sides agreed to deepen their strategic partnership in line with a global agenda of seeking shared values such as human rights, democracy, sustainable development, and green growth. They agreed to step up cooperation in the international arena including the G20 and the upcoming Rio+20.; Current Affairs 2012 Seoul Nuclear Security Summit

Korea-Gabon Summit (March 2012): President Lee Myung-bak and President Ali Bongo Ondimba of Gabon met on March 28 for a bilateral summit meeting to discuss the outcome of the recent Nuclear Security Summit as well as the future of Korea-Gabon cooperation. Marking the 50th anniversary of the establishment of diplomatic relations, the two leaders expressed their shared hope that special anniversary events would serve to deepen mutual understanding between their countries. Both agreed to promote business exchanges in infrastructure and human resource development.; Current Affairs 2012 Seoul Nuclear Security Summit

Summit Diplomacy