‘We must broaden our trade transactions’ S. Korea’s PM tells Tsipras

Economic cooperation between Greece and South Korea can develop significant momentum, Prime Minister Alexis Tsipras said on Monday, in statements after his meeting with the Prime Minister of the Republic of Korea Lee Nak-yon at the Maximos Mansion.

Tsipras said that they discussed the prospects of more investments by S. Korean enterprises in Greece and the possibility of increasing Greek exports to the Republic of Korea. “I am certain that Monday’s business forum, with the participation of the largest South Korean businesses, will substantially contribute to deepening our bilateral cooperation,” said Tsipras.

Tsipras also thanked his S. Korean counterpart for Seoul’s support in the refugee crisis.

“We had a very substantial discussion on cooperation issues and we found out that there is a huge potential for cooperation despite the great distance between our two countries, said Tsipras. “The fact that we share common concerns with respect to global peace and security, as well as the international challenges arising from a globalised economy, brings us closer,” he added.

Lee Nak-yon thanked Greece for its support with respect to North Korea and said the two countries must deepen economic cooperation.

“At this moment that we are facing threats from North Korea, Greece is on our side and we thank you for the message you send to North Korea,” he noted.

“We must broaden our trade transactions, to reduce the gap in the trade balance between our countries,” he added, and invited Tsipras to visit his country on the occasion of the Winter Olympic Games that will be held in PyeongChang.

“The Winter Olympic Games will be held in February in South Korea. We thank you for your interest and hospitality. When I return to my country I will tell everyone about Greece’s spirit of hospitality,” stated Lee Nak-yon.

Moreover, the premier of the Republic of Korea said that he expects more exports of agrofood products from Greece to Korea.

He also referred to the signing of a memorandum of cooperation on e-governance.