President Park Geun-hye returned to Korea after successfully finishing her eight-day trip which included the G20 Summit in Saint Petersburg, Russia, and a state visit to Vietnam. Her latest overseas visit is considered her diplomatic debut in the European region since her inauguration. Her state visit to Vietnam, the first Northeast Asian country of her choice, also received favorable marks in strengthening Korea’s cooperation with ASEAN (Association of Southeast Asian Nations) countries.
At the Saint Petersburg G20 Summit, President Park stressed the need to pursue mutual growth among emerging economies and advanced countries in the international community. Through her Vietnam state visit, the president and her Vietnamese counterpart Truong Tan Sang held a bilateral summit where the two leaders agreed on enhancing the strategic cooperative partnership and concluding bilateral free trade negotiations by 2014.
President Park delivered speeches at two working sessions of the G20 Summit, where she stressed the need for G20 countries to cooperate for common growth and pursuit of the creative economy. She also held a series of summit talks while in Saint Petersburg with the summit participating countries -- Italy, Russia, Kazakhstan, and Germany -- to discuss ways to boost cooperation and exchanges with Korea.
In the first working session themed on “The Growth of the Global Economy” on September 5, President Park called for cooperation among G20 countries in order to achieve shared growth, while mentioning mutual dependence among countries in the world economy. In order to ease financial uncertainties among emerging economies due to the U.S. exit strategy on stimulus policy, President Park urged advanced countries to make concerted efforts to minimize the difficulties faced by developing countries.
In the second session themed “Job Creation and Investment” on September 6, the president proposed her creative economy vision as the key to solving unemployment in her lead speech. Pointing out poor growth, economic inequalities, and high unemployment as issues of the world economy, the president proposed her creative economy vision and a disciplined market economy as solutions.
“In the past, the economy used to run on mineral resources, whereas what drives the creative economy I envision is creative ideas,” said President Park, mentioning the worldwide hit song “Gangnam Style” by Korean singer PSY, to help the summit participants’ understanding.
In the five-day state visit to Vietnam from September 7 to 11, President Park held summit talks with Vietnamese President Truong Tan Sang on September 9 where they announced a joint statement dubbed “joint statement of leaders for co-prosperity." At the summit, the two leaders held in-depth discussions on how to strengthen bilateral cooperation and exchanges in economy and culture. Both leaders agreed to finalize the ongoing free trade negotiations, reach an agreement for a comprehensive level of free trade by 2014, and work toward extending the bilateral trade volume to USD 70 billion by 2020 from the current level of USD 20 billion as of 2012.
The two leaders also agreed to cooperate and support Vietnam’s implementation of large-scale projects, including nuclear plant development and power plant construction, with the participation of Korean firms.
Her five-day itinerary included stops to boost cultural exchange between Korea and Vietnam, including a fashion show on Hanbok and ao dai which involved the designers of the two countries. At the fashion show, President Park showed off the beauty of traditional Korean attire on the runway and expressed her hope that the two countries can build a truly close partnership and artists of the two countries can have more exchanges, while mentioning the beautiful harmony that Hanbok and ao dai create.
President Park visited the residence and mausoleum of former Vietnamese leader Ho Chi Minh to pay her respects, and Ho Chi Minh City where a number of Korean firms are operating to help extend cooperation in the economy and culture and build close ties among the peoples of the two countries.
Source:Korea.net
At the Saint Petersburg G20 Summit, President Park stressed the need to pursue mutual growth among emerging economies and advanced countries in the international community. Through her Vietnam state visit, the president and her Vietnamese counterpart Truong Tan Sang held a bilateral summit where the two leaders agreed on enhancing the strategic cooperative partnership and concluding bilateral free trade negotiations by 2014.
President Park Geun-hye (second from left) listens during the second session on September 6 (photo: Cheong Wa Dae).
President Park delivered speeches at two working sessions of the G20 Summit, where she stressed the need for G20 countries to cooperate for common growth and pursuit of the creative economy. She also held a series of summit talks while in Saint Petersburg with the summit participating countries -- Italy, Russia, Kazakhstan, and Germany -- to discuss ways to boost cooperation and exchanges with Korea.
In the first working session themed on “The Growth of the Global Economy” on September 5, President Park called for cooperation among G20 countries in order to achieve shared growth, while mentioning mutual dependence among countries in the world economy. In order to ease financial uncertainties among emerging economies due to the U.S. exit strategy on stimulus policy, President Park urged advanced countries to make concerted efforts to minimize the difficulties faced by developing countries.
In the second session themed “Job Creation and Investment” on September 6, the president proposed her creative economy vision as the key to solving unemployment in her lead speech. Pointing out poor growth, economic inequalities, and high unemployment as issues of the world economy, the president proposed her creative economy vision and a disciplined market economy as solutions.
“In the past, the economy used to run on mineral resources, whereas what drives the creative economy I envision is creative ideas,” said President Park, mentioning the worldwide hit song “Gangnam Style” by Korean singer PSY, to help the summit participants’ understanding.
President Park Geun-hye (left) shakes hands with Vietnamese President Truong Tan Sang during a joint press briefing at the Presidential Palace in Hanoi, Vietnam, on September 9 (photo: Cheong Wa Dae).
In the five-day state visit to Vietnam from September 7 to 11, President Park held summit talks with Vietnamese President Truong Tan Sang on September 9 where they announced a joint statement dubbed “joint statement of leaders for co-prosperity." At the summit, the two leaders held in-depth discussions on how to strengthen bilateral cooperation and exchanges in economy and culture. Both leaders agreed to finalize the ongoing free trade negotiations, reach an agreement for a comprehensive level of free trade by 2014, and work toward extending the bilateral trade volume to USD 70 billion by 2020 from the current level of USD 20 billion as of 2012.
The two leaders also agreed to cooperate and support Vietnam’s implementation of large-scale projects, including nuclear plant development and power plant construction, with the participation of Korean firms.
Clad in Hanbok, President Park Geun-hye delivers congratulatory remarks at a fashion show on Hanbok and ao dai held in Hanoi, Vietnam, on September 8 (photo: Jeon Han).
Her five-day itinerary included stops to boost cultural exchange between Korea and Vietnam, including a fashion show on Hanbok and ao dai which involved the designers of the two countries. At the fashion show, President Park showed off the beauty of traditional Korean attire on the runway and expressed her hope that the two countries can build a truly close partnership and artists of the two countries can have more exchanges, while mentioning the beautiful harmony that Hanbok and ao dai create.
President Park (right) visits the residence of former Vietnamese leader Ho Chi Minh on September 9 with Vietnamese President Truong Tan Sang in Hanoi (photo: Cheong Wa Dae).
President Park Geun-hye adjusts the ribbon on a wreath as she pays homage to Vietnamese President Ho Chi Minh at his mausoleum in Hanoi, Vietnam, on September 9 (photo: Cheong Wa Dae).
President Park visited the residence and mausoleum of former Vietnamese leader Ho Chi Minh to pay her respects, and Ho Chi Minh City where a number of Korean firms are operating to help extend cooperation in the economy and culture and build close ties among the peoples of the two countries.
Source:Korea.net
