South Korea expresses desire to enhance bilateral cooperation with Pakistan

Islamabad: South Korea on Monday expressed the desire to enhance its bilateral cooperation with Pakistan in a number of areas of mutual interest, particularly trade, investment, IT, culture, tourism and people to people exchanges.

This desire of the Korean Government was expressed by Korean Ambassador Korean Park Ki Jun during his meeting with Prime Minister Shehbaz Sharif in Islamabad on Monday (today).

The Ambassador congratulated the Prime Minister on behalf of the Korean leadership upon his re-election. Shehbaz Sharif thanked the Korean leadership for the warm message of greetings that he received and expressed the desire to work closely to further strengthen bilateral ties.

The Prime Minister said Pakistan and Korea enjoy good relations, particularly in trade and investment. He said both countries had cooperated since the early 1960s for economic development and conveyed admiration for Korea's remarkable transformation into a modern technologically advanced economy.

He said that Pakistan is keen to learn from Korea's experience of industrialization and SME sector growth as well as in the field of IT including artificial intelligence.

Shehbaz Sharif also offered to enhance export of skilled manpower from Pakistan to meet Korea's human resource needs.

To promote mutually beneficial trade, he proposed the exchange of business delegations between Seoul and Islamabad. In this regard, the Prime Minister said he would instruct relevant Cabinet Ministers to coordinate with the Korean side to discuss existing investments by Korean companies as well as to explore new opportunities.

Shehbaz Sharif also extended an invitation to South Korean President Yoon Suk Yeol to undertake an official visit to Pakistan.