Leaders of S. Korea, Lithuania agree to increase energy, technology cooperation

SEOUL, :South Korean President Moon Jae-in and Lithuanian President Dalia Grybauskaite agreed to boost their countries' cooperation during a bilateral summit Wednesday and also discussed ways to peacefully denuclearize North Korea, Seoul's presidential office Cheong Wa Dae said.

Moon noted that the Lithuanian president's trip to South Korea created an opportunity to greatly improve his country's relationship with not only Lithuania but with the three Baltic states that include Estonia and Latvia.

The summit came one day after Moon held talks with his Estonian counterpart Kersti Kaljulaid. The South Korean president is also scheduled to hold a summit with the head of Latvia, Raimonds Vejonis, next week.

"President Grybauskaite expressed satisfaction over the fact that trade, investment and personnel exchange between South Korea and Lithuania are steadily increasing, and expressed hope to further develop the countries' bilateral relationship and the relationship between South Korea and the Baltic states," Cheong Wa Dae said in a press release.

Bilateral trade between South Korea and Lithuania jumped over 80 times from US$4.83 million in 1993 to $390 million last year, according to Cheong Wa Dae. The countries established diplomatic ties in 1991.

The Lithuanian president expressed hope to enhance the countries' bilateral cooperation, especially in the energy sector and science and technology sector. South Korea's Hyundai Heavy Industries is currently building a $330 million liquefied natural gas tanker for a Lithuanian energy firm, Cheong Wa Dae said.

Moon asked for Lithuania's continued support for his country's efforts to denuclearize North Korea.

"President Moon expressed gratitude that Lithuania, a key member of the European Union and NATO, is actively supporting our government's North Korea policy, and also asked for its support for efforts to maintain the reconciliatory mood between the South and the North that has been created by the PyeongChang Olympics," the presidential office said.

North Korea decided to take part in the 2018 Winter Olympic Games in South Korea at the last minute after holding three rounds of inter-Korean dialogue, the first of their kind in over two years.

The two Koreas are still technically at war as the 1950-53 Korean War ended with an armistice, not a peace treaty.

Source: Yonhap News Agency

You may also like...