Blue House: South Korea to hold summit with China on Saturday

Pablo Tucker
November 14, 2017

South Korea President Moon Jae-in (R) speaks in a press conference for South Korean journalists at a hotel in Manila, the Philippines on November 14, 2017 on the outcome of his participation in the ASEAN forum.

The call came at an annual summit with the Association of Southeast Asian Nations (ASEAN), known as the ASEAN Plus Three.

How to deal with the South China Sea issue was also a point of contention at the ASEAN summit meeting held Monday.

"The leaders shared the view on the need to stably manage the current security situation on the Korean peninsula in a stable way and agreed to peacefully resolve the North Korean nuclear issue through dialogue".

South Korean president Moon Jae-in will hold a summit with his Chinese counterpart Xi Jinping on Saturday, South Korea's presidential office said in a statement on Friday. He arrived here Sunday following trips to Indonesia and Vietnam.

Still, Moon said anything could be discussed if the North comes to the dialogue table.

"I wish my talks with you, prime minister, today will be a valuable chance to discuss specific ways to expand our cooperation on issues of mutual interest, and also normalize the countries' practical cooperation in areas such as economy, trade and cultural, personnel exchanges that had been partially reduced over the past year", Moon said.

"Prime Minister Medvedev said his country was willing to work closely with the South Korean side for the Korea-EAEU FTA", Yoon said in a press release, adding the Russian prime minister also expressed hope for increased cooperation between the two countries in the fishery and agriculture sectors.

The South Korean president expressed hope his talks with Li will further speed up the normalization of their ties. On Nov. 11, President Moon and Chinese President Xi Jinping had a bilateral meeting in Da Nang, Vietnam, where they attended the Asia-Pacific Economic Cooperation (AEPC) forum.

During Saturday's summit, Moon and Xi also agreed to quickly normalise bilateral exchanges in all sectors, Yoon added, repeating what was said in the agreement announced last month when the two countries agreed to end a year-long standoff over the deployment of a USA anti-missile system.

Following the roughly 50-minute long bilateral the Blue House said there was an air of determination to push the relationship forward at the sideline summit talks in Danang.

"It means we have reached an agreement to put the THAAD issue behind and normalize the countries' relationship and continue developing it", he told reporters.

The two countries agreed to normalize their ties in a joint statement issued by their foreign ministries on October 31.

Better relations with China will help the nation withstand potential rough economic conditions next year, South Korean Vice Finance Minister Ko Hyoung-kwon told Bloomberg News in an interview last week.

President Duterte has urged South Korea to invest more in the Philippines as he vowed to further strengthen ties between the two countries.

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