Policies

Nov 17, 2014

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President Park Geun-hye held a summit with Saudi Arabian Crown Prince Salman bin Abdulaziz Al Saud on the sidelines of the G-20 summit at the Brisbane Convention & Exhibition Centre in Australia on November 16.

During the talks, the two leaders shared their opinions on how to develop a strategic and future-oriented cooperative relationship between Korea and Saudi Arabia.

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President Park Geun-hye (bottom, second from left) holds talks with Saudi Arabian Crown Prince Salman bin Abdulaziz Al Saud (bottom, second from right) at the Brisbane Convention & Exhibition Centre in Australia on November 16.

President Park Geun-hye (bottom, second from left) holds talks with Saudi Arabian Crown Prince Salman bin Abdulaziz Al Saud (bottom, second from right) at the Brisbane Convention & Exhibition Centre in Australia on November 16.



President Park emphasized that Korea could become the best partner for Saudi Arabia in transforming its economy from an oil-based one to a knowledge-based one, as part of efforts to prepare for a post-oil future.

She continued to say that, “I hope that the two countries will further expand mutual cooperation beyond just energy and construction and across a wider range of sectors, including health care, defense, finance, renewable energies such as nuclear power, ICT and human resource development.

In response, the Saudi Arabian prince said that his country has worked hard to achieve peace across the Middle East and that it has also endeavored to solidify the foundation of its economy, not letting it rely too much on oil.

President Park also said that her state visit to the country that had been inevitably delayed due to domestic affairs, would come soon, possibly as early as next year. During the upcoming visit, more measures to boost far-reaching, future-oriented cooperation between the two countries would be discussed, the president said.

The prince replied that he would welcome her visit no matter when it happens. He then stressed that Korea and his country have established solid ties, ties so strong that neither side even needs to use the word “partnership.”

He also mentioned that the Saudi Arabian people are well-aware of the diligent spirit of Koreans, people who have helped Saudi Arabia build infrastructure ever since the 1970s.

Meanwhile, President Park noted how Saudi Arabia has played a crucial role in stabilizing affairs across the Middle East, a region that has gone through a radical phase of political transition. In addition, she said that Korea, too, continues to make more efforts to deal with North Korean nuclear issues and hoped that the two countries continue to cooperate on world peace.

In response, the prince pointed out that there are many issues going on worldwide, many of which are focused on the Middle East in particular. His country has worked to bring peace across the region and the two countries should keep working together to deal with issues prevailing across the region, as well as the North Korean nuclear program.

By Wi Tack-whan, Sohn JiAe
Korea.net Staff Writers
Photos: Cheong Wa Dae
whan23@korea.kr