VGP – State President Nguyễn Minh Triết and President Lee Myung-bak agreed on Wednesday to lift the relationship between Việt Nam and the Republic of Korea (RoK) to "strategic comprehensive partnership."
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State President Nguyễn Minh Triết and RoK' President Lee Myung-bak inspect guards of honor, Hà Nội, October 21, 2009 – Photo: VGP |
The agreement was reached during the leaders' talks this morning in Hà Nội, which RoK's news agency Yonhap called a "Summit."
RoK becomes the fifth country to set up a strategic partnership with Việt Nam after China, Japan, India, and the Russian Federation, meanwhile Việt Nam is the third partner at the level with the East Asian country following China and Russia.
The bilateral ties have undergone unprecedented advancements since the two countries set up diplomatic ties in 1992 and that would be the sound reason for the two sides to forge the relationship.
The leaders also agreed to set up dialogue between the two countries' defense and foreign ministries to foster cooperation in security and political ties.
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State President Nguyễn Minh Triết and RoK' President Lee Myung-bak hold talks, Hà Nội, October 21, 2009 – Photo: VGP |
They highly evaluated the fact that bilateral trade between the two countries increased 20 times from US $500 million in 1992 to US $10 billion in 2008,
They were unanimous that more efforts should be given to double bilateral trade to US $20 in 2015 and agreed to launch a joint study on the feasibility of a bilateral free trade agreement before the year's end.
Especially, President Lee recognized Việt Nam's market economy status, a move that could significantly improve protection for Vietnamese businesses and their products in trade with the RoK.
The Korean leader appreciated Việt Nam's valuable contributions to the world's peace and stability during the past years, especially since Việt Nam became a non-permanent member of the United Nations Security Council.
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State President Nguyễn Minh Triết and RoK' President Lee Myung-bak hold a press conference after their talks, Hà Nội, October 21, 2009 – Photo: VGP |
For the relationship between the RoK and ASEAN, President Lee called for closer cooperation with Việt Nam, which will take the chair of ASEAN next year.
State President Triết confirmed Việt Nam's consistent policy to advocate peace, stability, and cooperation in the Korean Peninsula; highly spoke of the RoK's efforts to settle nuclear issue there.
By Hải Minh
http://news.gov.vn/Home/VN-RoK-agree-to-forge-strategic-Partnership/200910/5120.vgp
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