President calls for deepening trade ties with South Korea

Islamabad: President Mamnoon Hussain has underlined the need for transforming traditional relationship between Pakistan and South Korea into a substantive trade and economic partnership. He said this during his meeting with Prime Minister of South Korea Chung Hongwon in Islamabad on Tuesday.

The President said Pakistan attaches great importance to its broad-based relations with South Korea in the context of its Vision East Asia Policy.

He expressed the hope that the visit of South Korean Prime Minster will prove instrumental in further deepening bilateral ties.

The President said Pakistan offers huge opportunities to the Korean business companies in diverse fields, including energy, infrastructure, railways and telecommunications. He said mutual interaction of businessmen and entrepreneurs is crucial to explore new avenues for investment and trade.

The President expressed the hope that various MoUs and agreements signed during the visit of South Korean Prime Minister would explore new avenues for bilateral cooperation and help boost Pak- Korea trade and economic ties.

Meanwhile, Pakistan’s High Commissioner-designate to Maldives Syed Sail Abbas, High Commissioner –designate to Singapore Tanveer A. Khaskheli and High Commissioner –designate to Brunei Darussalam Muhammad Zareef Malik separately called on President Mamnoon Hussain in Islamabad.

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