The presidents of Kazakhstan and South Korea discussed cooperation issues

13.06.2024
The presidents of Kazakhstan and South Korea discussed cooperation issues

Kassym-Jomart Tokayev held negotiations with the President of the Republic of Korea Yun Seok Yeol in an expanded format.

During negotiations with the participation of delegations of the two countries, Kassym-Jomart Tokayev called the first state visit of Yun Sok Yeol to Kazakhstan a historical event. He emphasized that today's negotiations will expand the scope of Kazakh-Korean integration and raise bilateral ties to a new level.

As the leader of Kazakhstan said, South Korea has become a true economic and technological locomotive on a global scale, and world-famous Korean corporations serve as serious assistance in promoting the country’s position in the international arena as a “key global state.”

Then Kassym-Jomart Tokayev focused on the development of bilateral relations. According to him, Seoul is one of the most important strategic partners of Kazakhstan in the Asia-Pacific region. Korea ranks 4th in foreign trade turnover and is among the ten largest foreign investors in Kazakhstan.

The President of the Republic of Kazakhstan noted that over a third of a century, Kazakhstan and Korea have reached a high level of political dialogue, established fruitful economic cooperation and strong humanitarian ties. The two countries interact in various areas, including interparliamentary, intergovernmental and interdepartmental contacts. The Business Council and the Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation are functioning successfully.

According to Kassym-Jomart Tokayev, regular contacts between entrepreneurs of the two countries play a very important role in building close ties. He was pleased to announce that more than 700 companies with South Korean capital are successfully operating in Kazakhstan.

The parties also focused on the development of cultural and humanitarian ties.

“120 thousand ethnic Koreans in Kazakhstan play an important role and make an invaluable contribution to strengthening our relations. In turn, more than 1 thousand Kazakh students studying in Korea are a “golden bridge of friendship” between our friendly countries,” added Kassym-Jomart Tokayev.

President Yoon Seok Yeol expressed gratitude for the warm welcome on Kazakh soil and noted that this year the Republic of Korea and Kazakhstan are celebrating the 15th anniversary of the establishment of a strategic partnership.

“The Republic of Korea intends to move forward together, hand in hand, towards a brighter and more prosperous future with Kazakhstan, our key strategic partner,” the Korean leader said.

During the negotiations, the prospects for bilateral cooperation in such areas as energy, infrastructure and industry, mechanical engineering, trade, transport and logistics, digitalization and aerospace industry, financial sector, education, healthcare and pharmaceuticals, tourism and culture, ecology and others were discussed.

At the end of the meeting, Kassym-Jomart Tokayev expressed gratitude to the Korean side for meaningful and constructive negotiations.

By the Kazakhstanskaya Pravda