South Korea lauds strong relations with Brunei

National 1 minute, 53 seconds

BANDAR SERI BEGAWAN

 

SOUTH Korea’s ambassador to Brunei yesterday praised relations between the two countries while looking forward to further bilateral cooperation in a variety of areas.

In his speech at a reception for the 4349th Korean National Foundation Day, Cho Won-Myung said trade volume between the two countries had risen ninefold since the sultanate gained independence in 1984 and currently totals around BND$2 billion.

He said Brunei and South Korea’s economic relationship has rapidly developed over the past decades, noting that South Korea is also the sultanate’s second largest trading partner, particularly in the energy sector.

In addition, cooperation in infrastructure has been revitalised through such projects as the Temburong and Sungai Kebun bridge, said Cho.

He said Brunei and South Korea are seeking to explore more economic opportunities.

“Our two governments and companies (from both countries) are seeking to explore future-oriented cooperation (in areas such as the) environment, tourism, ICT, SMEs, e-commerce, medical and other creative and innovative industries for our sustainable growth,” he said.

Cho said the South Korean embassy has striven to upgrade the relationship between the two countries in three areas: regional peace and security, future-oriented partnership and people-to-people exchanges.

The ambassador said His Majesty’s visit to South Korea two years ago served as an opportunity to elevate the 30-year-old Korea-Brunei friendship to a higher level.

“Based on such a foundation, people from both public and private sectors are now trying to explore win-win cooperation potentials in various areas,” said Cho.

He said that beyond bilateral relations, South Korea and Brunei have been cooperating for international peace and prosperity as partners of trust and happiness.

As an example, he said Brunei has sent its representatives to the annual Seoul Security Dialogue while Korea also actively participates in the Brunei-led ASEAN Defence Ministers’ Meeting plus joint exercise. He also hoped Brunei can continue to cooperate with South Korea in pressing North Korea to give up its nuclear ambitions.

The event, held at The Empire Hotel and Country Club, also featured a sand art performance by a South Korean artist.

Present as the guest of honour was Minister of Development Yang Berhormat Dato Seri Setia Hj Bahrin Abdullah, who was accompanied by his spouse, Pg Datin Hjh Noorsiah Pg Hamdan.

The Brunei Times