Vietnam’s President Luong Cuong met RoK President Yoon Suk Yeol in Lima, strengthening bilateral ties at the APEC Economic Leaders’ Week. They emphasized robust relations, committed to increasing trade volume, and discussed cooperation in several key areas including human resource development and regional security. Both leaders agreed on future visits, reinforcing their strategic partnership.
Vietnam’s State President Luong Cuong met Republic of Korea (RoK) President Yoon Suk Yeol on November 16, 2024, during the APEC Economic Leaders’ Week in Lima, Peru. The leaders welcomed the robust development of Vietnam-RoK relations, particularly after elevating their partnership to a Comprehensive Strategic level. President Cuong underscored Vietnam’s commitment to the bilateral relationship and acknowledged the two nations as dependable partners across various sectors including politics, economy, and culture. In a cordial exchange, President Yoon congratulated President Cuong on his recent appointment, highlighting Vietnam’s significance as a key partner in advancing the ASEAN-RoK Solidarity Initiative. Both leaders committed to regular exchanges of high-level contacts and cooperation in addressing international and regional matters. They set ambitious trade targets of achieving $100 billion in bilateral trade and $150 billion by 2030 in a balanced manner. To support Vietnam’s development, RoK leaders pledged to prioritize training high-quality workforce, establishing research and development centers, transferring technology, and aiding Vietnamese enterprises’ integration into global supply chains led by Korean companies. Furthermore, the RoK will extend Official Development Assistance (ODA) to Vietnam for strategic infrastructure, climate change adaptation, and energy transition projects. On maritime issues, the presidents emphasized the need for maintaining peace and stability in the East Sea, advocating for dispute resolution through peaceful and law-abiding means, specifically referencing the 1982 United Nations Convention on the Law of the Sea (UNCLOS). Conclusively, Cuong extended an invitation to President Yoon to visit Vietnam, reinforcing the strengthened ties between the two nations, and both agreed on scheduling future visits through diplomatic protocols.
The meeting between the State President of Vietnam and the President of the Republic of Korea is a significant diplomatic engagement reflecting the strengthening bilateral relations between the two countries. Over the years, Vietnam and the RoK have developed close ties across various sectors, including trade, cultural exchanges, and political cooperation. The elevation of their relationship to a Comprehensive Strategic Partnership marks a pivotal development, signifying mutual trust and support in addressing shared regional and global challenges.
In conclusion, the meeting between President Cuong and President Yoon signifies the commitment to enhance Vietnam-RoK relations across diverse areas. Both leaders’ pledges of cooperation in trade, capacity building, and addressing common regional issues underscore the importance of their partnership. As both nations aim for increased economic collaboration and strategic engagement in international affairs, this gathering marks a proactive step toward achieving shared goals and mutual prosperity.
Original Source: en.vietnamplus.vn
