September 1, 2008

South Korea, Uruguay Agree to Expand Ties in Forestry, Fishery Sectors

Text of report in English by South Korean news agency Yonhap

[By Yoo Cheong-mo]

Seoul, Sept. 1 (Yonhap) - President Lee Myung-bak [Yi Myo'ng- pak] and his visiting Uruguayan counterpart Tabare Vazquez held summit talks in Seoul Monday and agreed to promote bilateral cooperation in agriculture, fisheries, forestry and other economic fields, the presidential office Chongwadae [ROK Office of the President] said.

Vazquez arrived in Seoul on Saturday for a five-day trip, becoming the first Uruguayan president to visit South Korea since the establishment of bilateral diplomatic ties in 1964.

"Lee expressed his wish to further enhance practical cooperation between South Korea and Uruguay on the occasion of Vazquez's visit," Chongwadae [ROK Office of the President] said in a press release.

"In response, Vazquez stressed the need to boost cooperation in trade and energy fields and asked South Korea to increase investments in the South American country."

After the summit talks, the two leaders observed their cabinet ministers sign Memorandums of Understanding on closer cooperation in forestry and fisheries businesses, said Chongwadae [ROK Office of the President].

Uruguay, located in the southeastern part of South America and bordered by Brazil to the north, has a population of 3.32 million as of 2006 and a per capita income of US$6,963 as of last year.

Originally published by Yonhap news agency, Seoul, in English 0553 1 Sep 08.

(c) 2008 BBC Monitoring Asia Pacific. Provided by ProQuest LLC. All rights Reserved.