President Park Geun-hye has proposed to the 10 members of the Association of Southeast Asian Nations (ASEAN) that they should set up a 2016-2020 action plan that would deepen Korea-ASEAN cooperation in three broad sectors: the economy, politics and culture.
President Park made the proposal during the first session of the ASEAN-ROK Commemorative Summit being held at the BEXCO convention center in Busan on the morning of December 12. She said, “We need to upgrade our strategic partnership through more substantial cooperation backed by the quantitatively expanded cooperation built over the past 25 years.”
“Respecting the central role of ASEAN, the Korean government will make concerted efforts with it as a partner for co-prosperity in the economy, a locomotive in both politics and the security sector, and as a partner for cultural enrichment in terms of society and culture,” said the president. “We would also like to set up a 2016-2020 action plan in a more comprehensive manner on occasion of this special summit meeting,” she added.
She expressed her will to build a win-win economic cooperative relationship with the ASEAN Community that will be established at the end of next year. “Korea will build a balanced, mutually beneficial relationship with ASEAN aimed at co-prosperity,” said the president. She also welcomed the agreement between Korea and ASEAN on trade facilitation which will help usage of the Korea-ASEAN free trade agreement (FTA).
She hoped that additional negotiations on the liberalization of the Korea-ASEAN FTA would be able to take place soon thanks to this special summit, in order to achieve the goal of bilateral trade reaching USD 200 billion by the year 2020.
President Park announced Korea’s plan to share its development experiences in order to narrow the development gap among ASEAN members. She vowed to help spread the Saemaul Undong, Korea’s set of rural development policies, support the incubation of talented human resources in science and technology, and increase the size of the Korea-ASEAN cooperation fund to USD 7 million next year, up from the current size of USD 5 million.
“The power that led to the remarkable development of the Korea-ASEAN relationship is derived from the mutual understanding of our shared historical experiences. Korea will share its precious experiences in overcoming poverty thanks to the aid of the international community and in achieving industrialization and democratization in order to accomplish the goal of common development with ASEAN,” said the president.
By Yoon Sojung
Korea.net Staff Writer
Photos: Cheong Wa Dae, The ASEAN-Republic of Korea Commemorative Summit
arete@korea.kr
President Park Geun-hye delivers the keynote speech during the first session of the ASEAN-ROK Commemorative Summit in Busan on December 12.
President Park made the proposal during the first session of the ASEAN-ROK Commemorative Summit being held at the BEXCO convention center in Busan on the morning of December 12. She said, “We need to upgrade our strategic partnership through more substantial cooperation backed by the quantitatively expanded cooperation built over the past 25 years.”
“Respecting the central role of ASEAN, the Korean government will make concerted efforts with it as a partner for co-prosperity in the economy, a locomotive in both politics and the security sector, and as a partner for cultural enrichment in terms of society and culture,” said the president. “We would also like to set up a 2016-2020 action plan in a more comprehensive manner on occasion of this special summit meeting,” she added.
She expressed her will to build a win-win economic cooperative relationship with the ASEAN Community that will be established at the end of next year. “Korea will build a balanced, mutually beneficial relationship with ASEAN aimed at co-prosperity,” said the president. She also welcomed the agreement between Korea and ASEAN on trade facilitation which will help usage of the Korea-ASEAN free trade agreement (FTA).
She hoped that additional negotiations on the liberalization of the Korea-ASEAN FTA would be able to take place soon thanks to this special summit, in order to achieve the goal of bilateral trade reaching USD 200 billion by the year 2020.
President Park announced Korea’s plan to share its development experiences in order to narrow the development gap among ASEAN members. She vowed to help spread the Saemaul Undong, Korea’s set of rural development policies, support the incubation of talented human resources in science and technology, and increase the size of the Korea-ASEAN cooperation fund to USD 7 million next year, up from the current size of USD 5 million.
“The power that led to the remarkable development of the Korea-ASEAN relationship is derived from the mutual understanding of our shared historical experiences. Korea will share its precious experiences in overcoming poverty thanks to the aid of the international community and in achieving industrialization and democratization in order to accomplish the goal of common development with ASEAN,” said the president.
President Park Geun-hye poses for official group photos with leaders of the ASEAN member states at the ASEAN-ROK Commemorative Summit in Busan on December 12.
By Yoon Sojung
Korea.net Staff Writer
Photos: Cheong Wa Dae, The ASEAN-Republic of Korea Commemorative Summit
arete@korea.kr
Most popular
- 2 Egyptian sisters reflect on 10 years as Honorary Reporters
- Korea Welcome Week for foreign tourists set from April 25-May 16
- Korea.net welcomes 2025 K-influencers, Honorary Reporters
- Actor Bae Doona's first romcom in decade to hit theaters in May
- 2025 Honorary Reporter class pledges to spread 'real Korea' worldwide
