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Seoul hopes to boost economic relations with Russia soon

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  • Seoul hopes to boost economic relations with Russia soon

    Seoul hopes to boost economic relations with Russia soon
    By Vladimir Kutakhov

    ITAR-TASS News Agency
    September 8, 2004 Wednesday 3:01 AM Eastern Time

    SEOUL, September 7 -- South Korean President Roh Moo-hyun supports the
    proposal for further advancement of Russian-South Korean cooperation
    within the framework of the bilateral Business Council, Head of
    the Russia-South Korea Business Council Ara Abramyan, who is also
    President of the World Armenian Congress and Deputy Chairman of the
    Russian-Korean friendship society, said in an interview with Itar-Tass.

    He said the South Korean Roh Moo-hyun would pay an official visit to
    Russia from September 20-23 at the invitation from Russian President
    Vladimir Putin.

    The head of the Republic of Korea believes that it is necessary
    to enhance the significance of the Business Council and intensify
    cooperation between the business communities of the two countries.

    With this in view, the South Korean president plans to meet the
    business leaders of the two countries during his visit to Moscow.

    The Korean want Roh Moo-hyun's forthcoming meetings in Moscow to impart
    "a serious impulse to the development of economic relations between
    Russia and South Korea, Ara Abramyan said.

    "I can say that there are no differences on principle between the two
    countries. President Roh Moo-hyun has promised to support Russia in
    its efforts to join the World Trade Organization (WTO).

    The president of the Republic of Korea liked the Russian idea of
    bringing together one hundred North and South Koreans for a visit to
    Russia, Ara Abramyan noted. This would provide them with an opportunity
    to spend two weeks together and communicate at their convenience.

    "This idea has been supported in Seoul and it is now up to North Korea
    to define its stance. The Russian foreign affairs ministry has also
    promised assistance," Mr. Abramyan said.

    "I assess positively the outcome of our meeting with President Roh
    Moo-hyun," he said.

    The head of the Republic of Korea had received on Tuesday, September
    7, the Russian delegation to the meeting of the co-chairmen of the
    Russian-Korean commission for economic, scientific and technological
    cooperation. Russian Transport Minister led the delegation and Ara
    Abramyan took part in the meeting with the South Korean president.

    During the meeting, the project of linking the Trans Siberian railway
    line to the Trans Korean railway road was discussed and the head
    of the South Korean administration supported the Russian proposal
    for running a freight train with containers for the first time from
    the South Korean port of Pusan via North Korea and along the Trans
    Siberian railway line to Western Europe.

    This proposal will be discussed in greater detail at the forthcoming
    tripartite meeting in Pyongyang in October at which the North Korean
    party is expected to state its position.
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