South Korea urged to in­vest more in Phl

The Philippine Star - - NEWS - By ALEXIS ROMERO

Pres­i­dent Duterte has urged South Korea to in­vest more in the Philip­pines as he vowed to fur­ther strengthen ties be­tween the two coun­tries.

Dur­ing his bi­lat­eral meet­ing with South Korea Pres­i­dent Moon Jae-in on Mon­day, Duterte said he was hope­ful that South Korean in­vestors would pour in more in­vest­ments in man­u­fac­tur­ing, au­to­mo­tive, food pro­duc­tion and pro­cess­ing, agribusi­ness, elec­tron­ics and en­ergy.

He thanked South Korea for im­port­ing Philip­pine prod­ucts such as or­ganic and per­sonal care goods, seafood, gar­ments, chem­i­cals and elec­tronic parts.

Moon re­sponded by say­ing the Philip­pines is “very special” to South Korea.

The ten­sions trig­gered by North Korea’s mis­sile tests were not men­tioned dur­ing the open­ing state­ments of Duterte and Moon.

Jour­nal­ists were only al­lowed to cover the two lead­ers’ open­ing re­marks.

Moon, who sent a special en­voy to the As­so­ci­a­tion of South­east Asian Na­tions (ASEAN) af­ter his inau­gu­ra­tion this year, promised to strengthen re­la­tions with the bloc “to the high­est level.”

“I wish to fur­ther strengthen our ties with the Philip­pines, our long-time friend,” Moon said.

He said about 1.5 mil­lion Korean tourists visit the Philip­pines an­nu­ally. He also wel­comed the pop­u­lar­ity of the “Korean Wave” in the Philip­pines.

“Among ASEAN na­tions, we have the most mu­tual peo­ple-to-peo­ple ex­changes with the Philip­pines,” Moon said.

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