Chinese and South Korean Leaders Reach Trade Agreement to Expand Robotics and ‘Green Manufacturing’

Published by , November 2, 2015 11:30 am

(South China Morning Post) — Chinese and South Korea leaders have reached a series of economic and trade agreements in Seoul, a move showing both sides’ determination to speed up their bilateral free-trade agreement, which could be in place by the end of the year. They agreed to work toward expanding South Korean food exports to China and strengthening industrial cooperation in areas such as robotics, manufacturing, “green” factories, among others.

“My goal at this time is to enhance bilateral cooperation in every sector, pushing up the Sino-South Korea relationship and getting more achievements,” South Korean President Park Geun-hye told China’s┬áPremier Li Keqiang, adding Beijing appreciated her efforts to maintain stability of the Northeast Asia region by holding the three-way meeting. Park said that she hoped today’s summit would help to lead to long-term stability of the Korean Peninsular and the entire region. Their agreements came ahead of the trilateral summit between Keqiang, Geun-hye and Japanese Prime Minister Shinzo Abe. The three sides are hoping to repair relations strained by wartime actions and territorial disputes in the region.

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