President Park Geun-hye attended a business forum in Bogota, Colombia, during her visit to South America, on April 17.
"Now it is time for bilateral cooperation between Korea and Colombia to go beyond existing areas and to encompass information and communications technology (ICT), infrastructure, the health and medical sectors, and new industries related to energy," said President Park.
Colombian President Juan Manuel Santos and 500 business leaders from both nations took part in the forum.
"I hope that our bilateral free trade agreement (FTA) will take effect quickly and contribute to expanding trade between the two nations and to our economic development," said President Park. "It is very important to cooperate on electronic customs services and on electronic trade in order to overcome the large geographical distance between the two countries."
"Korea has experience in successfully building infrastructure as part of its economic growth," said the president. "As Korea has built the world's best capacity for 'smart infrastructure' powered by ICT, there is great potential for bilateral cooperation."
As an example of bilateral cooperation, the president mentioned transportation card systems in Colombia, built by Korean companies, and a Korea-Colombia friendship center that helps with the rehabilitation of Korean War veterans and other disabled veterans. President Park also talked about the first subway to be built in Bogota, the advanced transportation system in Medellín and potential cooperation on the nationwide transportation network. She said that all of these will provide the opportunity to upgrade the ICT industry in both nations.
"Bilateral cooperation on smart grids is very promising," said the president. "If Korea can utilize its smart gird technology, which it acquired through many pilot projects and bold investment, it will be able to fully draw out potential renewable energy resources in Colombia and to provide a stable electricity supply across the country."
By Limb Jae-un
Korea.net Staff Writer
Photos: Cheong Wa Dae
jun2@korea.kr
"Now it is time for bilateral cooperation between Korea and Colombia to go beyond existing areas and to encompass information and communications technology (ICT), infrastructure, the health and medical sectors, and new industries related to energy," said President Park.
Colombian President Juan Manuel Santos and 500 business leaders from both nations took part in the forum.
President Park Geun-hye (third from left) and Colombian President Juan Manuel Santos attend a business forum in Bogota on April 17.
"I hope that our bilateral free trade agreement (FTA) will take effect quickly and contribute to expanding trade between the two nations and to our economic development," said President Park. "It is very important to cooperate on electronic customs services and on electronic trade in order to overcome the large geographical distance between the two countries."
"Korea has experience in successfully building infrastructure as part of its economic growth," said the president. "As Korea has built the world's best capacity for 'smart infrastructure' powered by ICT, there is great potential for bilateral cooperation."
As an example of bilateral cooperation, the president mentioned transportation card systems in Colombia, built by Korean companies, and a Korea-Colombia friendship center that helps with the rehabilitation of Korean War veterans and other disabled veterans. President Park also talked about the first subway to be built in Bogota, the advanced transportation system in Medellín and potential cooperation on the nationwide transportation network. She said that all of these will provide the opportunity to upgrade the ICT industry in both nations.
"Bilateral cooperation on smart grids is very promising," said the president. "If Korea can utilize its smart gird technology, which it acquired through many pilot projects and bold investment, it will be able to fully draw out potential renewable energy resources in Colombia and to provide a stable electricity supply across the country."
At a business forum in Bogota on April 17, President Park Geun-hye says that, 'To overcome the large geographical distance between our two countries, it is very important to cooperate on electronic customs services and electronic trade.'
By Limb Jae-un
Korea.net Staff Writer
Photos: Cheong Wa Dae
jun2@korea.kr
