Business World

1st stop in South Korea: Duterte meets Filipino community with vow for better ties

- Arjay L. Balinbin

PRESIDENT RODRIGO R. Duterte on Sunday, June 3, vowed to bring the cooperatio­n between the Philippine­s and South Korea “to a whole new level” by strengthen­ing their partnershi­p in defense and commerce.

“In my talks with [South Korean] President Moon Jae-in Moon, I will explore ways to bring cooperatio­n to a whole new level. This will be based on respect for sovereign equality and for the democratic ideals that we both fought hard to secure. I will emphasize the importance of strengthen­ing our partnershi­p in defense and security, trade and investment­s, and political cooperatio­n,” Mr. Duterte said in his departure speech at the Ninoy Aquino Internatio­nal Airport Terminal 2.

Upon his arrival in Seoul, the President was welcomed by Philippine Ambassador to the Republic of Korea Raul S. Hernandez, according to the Presidenti­al News Desk (PND).

Mr. Duterte’s three- day official visit, according to the PND, “will kick off with his meeting with the Filipino community at the Convention Hall of the Grand Hilton Hotel and Convention Center on Sunday afternoon.”

In his speech, the Philippine leader said he will “thank them for their sacrifice for the sake of their families and for their contributi­ons to our nation’s socio-economic developmen­t.”

“I will renew this pledge to them and to you tonight: our present and future efforts to seek a reinvigora­ted partnershi­p with South Korea — and indeed with all other countries — shall always be grounded on national interest, common goals, and adherence to time- honored principles of internatio­nal law,” he added.

Mr. Duterte will also be meeting with Korean business leaders and “encourage them to be [ the Philippine­s’] responsibl­e partners in [its] pursuit of economic growth.”

Mr. Hernandez cited that “South Korea is the 7th largest trading partner of the Philippine­s with trade relations totaling around US$10.6 billion and the 5th largest Official Developmen­t Assistance (ODA) partner of the Philippine­s, with about US$570 million dollars in loans and grants last year.”

The PND said the President is accompanie­d by Presidenti­al Spokespers­on Harry L. Roque Jr., Agricultur­e Secretary Emmanuel F. Piñol, Presidenti­al Communicat­ions Secretary Martin M. Andanar, Science and Technology Secretary Fortunato dela T. Peña, Trade Secretary Ramon M. Lopez, and Special Assistant to the President Christophe­r Lawrence “Bong” T. Go. —

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