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South-Korean Foreign Affairs Minister Yun Byung-se, received by President Iohannis at the Cotroceni Palace

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President Klaus Iohannis welcomed on Monday South-Korean Foreign Affairs Minister Yun Byung-se, with whom he discussed, among others, about the increase of South-Korean investments in Romania. 

According to a release of the Presidential Administration, the discussions with the South-Korean Minister targeted the political and economic bilateral relation, as well as the Korean Peninsula's security situation. 

"President Klaus Iohannis expressed his support, that was fully shared by the South-Korean high-official, to intensify the high level political dialogue and to strengthen the Strategic Partnership between the two countries, the sole partnership of this level developed by Romania with a country situated on the Asian continent, with an emphasis on economic cooperation," the release points out. 

The head of state had a pragmatic approach in the sphere of economic cooperation, that will allow the growth of trade exchanges between the two countries and the enhancement of South-Korean investments in Romania, to the extent of the two economies' potential. 

"President Klaus Iohannis underlined Romania's wish for the Republic of Korea to get back at the top of the ranking foreign investors in our country, pointing out the advantages represented by the economic growth - in 2016, the highest in the EU-, the positive and competitive economic environment and the labour force's high training degree," the Presidential Administration mentions. 

Minister Yun Byung-se emphasized the importance granted by the Republic of Korea to the strategic partnership with Romania, which has, as his country has, a powerful strategic relationship with the US, both countries having vicinities that pose complex problems. 

"The South-Korean official highlighted the powerful wish of his country to develop a more close relationship with Romania on a political and economic level, expressing an interest in the economic area for business opportunities in our country, namely in infrastructure, energy, IT, environment and others," the release mentions. 

Yun Byung-se also presented current elements regarding the Korean Peninsula's security situation, including in the context of the new ballistic test conducted by the Democratic People's Republic of Korea (DPRK) on 12 February. 

President Klaus Iohannis revealed that Romania will continue to condemn the breaches by the Pyongyang authorities of the United Nations Security Council Resolution, which specifically requests the halt of development of weapons of mass destruction and of the ballistic programmes of the DPRK. Moreover, the South-Korean Minister thanked Romania, on behalf of his country, for its consistent conduct. 

In this context, the two officials highlighted the necessity to continue the international community efforts aimed at demilitarization, peace and security of the Korean Peninsula, underlining also the importance of consistently implementing the international sanctions against the DPRK. 

Prime Minister Sorin Grindeanu on Monday also welcomed South Korea's Foreign Minister Yun Byung-se at the Government House in Bucharest to discuss areas of significant cooperation development potentials, including transportation and transportation infrastructure; energy - storage systems and smart grids; healthcare - healthcare infrastructure, and IT&C. Yun mentioned the rising trends of late in travel cooperation saying there is still development potential there.

Before this meeting, Foreign Affairs Minister Teodor Melescanu and the Foreign Affairs Minister of the Republic of Korea Yun Byung-se have signed on Monday an Memorandum of Understanding regarding the cooperation and consultation between the two ministries, occasion on which Teodor Melescanu spoke about the relation between the two countries, but also about the security situation in the Korean Peninsula, in the context of the most recent ballistic tests conducted by North Korea. 

"It's a historical visit, in a way. It's the first visit of a Foreign Minister of the Republic of Korea to Romania, after 15 years," Teodor Melescanu highlighted. Melescanu stated that the discussions between the two officials highlighted "the special interest of Romanian authorities to amplify the economic bilateral cooperation, through a balanced growth of the trade exchanges and attracting new investments." 

"We also tackled current elements of the Korean Peninsula's security situation, which is marked by growing tensions, including through the new ballistic tests conducted by the Democratic People's Republic of Korea on 12 February, this year," Teodor Melescanu stated. "We both expressed our deep concern regarding the continuous serious breach, by the North Korean authorities, of the United Nations Security Council resolution, which specifically requests the stopping of mass destruction weapons' development and ballistic programmes of the Democratic People's Republic of Korea," he said.

In his turn, Korean Foreign Affairs Minister Yun Byung-se, described Romania as "the pearl of Eastern Europe." He added that Romania is their sole strategic partner in Southeast Europe and talked about "the diversification of trade and cooperation" between the two countries. He stressed that, in Romania, Korean companies are running businesses that have over 12,000 Romanian employees. Romania has a high qualified human resource potential and a large domestic market, and taking into account that Romania is the entrance gate in the European Union and the Balkans, Minister Yun Byung-se stated he wants to extend and diversify the strategic cooperation in new areas, such as infrastructure, health care, medicine, environment and energy. 

"We convened to further strengthen the cooperation on a regional and global level," he said. "Romania is an important member of the EU and of the North Atlantic Treaty Organization (NATO), which makes our countries partners in optimal parameters, sharing an universal set of values," Yun Byung-se stated. 

In the context of the ballistic tests, he underlined that the entire international community "is extremely concerned regarding this nuclear programme and it has to make pressures on North Korea for it to understand that the only option is denuclearization." 

Yun Byung-se said that he thanks Romania for publishing positions condemning and discouraging the North Korean nuclear programme and that he is convinced Romania will also do so in the future.

"I take this opportunity to thank Romania for the active implementation of the United Nations Security Council sanctions, for the full support that you grant in order to solve the North Korean nuclear case," Yun Byung-se added.

The South-Korean Foreign Affairs Minister is paying an official visit to Bucharest.



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