Korea, ASEAN Pledge Widespread Cooperation

      June 03, 2009 11:55

      The ASEAN-Korea Commemorative Summit in Jeju ended on Tuesday with President Lee Myung-bak and the leaders of the 10 ASEAN countries adopting a statement on cooperation on the global financial crisis, food and energy security and climate change.

      The two sides signed a Korea-ASEAN free trade agreement and, in a separate press statement, called for the denuclearization of the Korean Peninsula and an early resumption of the six-party talks.

      Participants also agreed to expand cultural exchanges, joint funds for women or youth exchange programs, and official development assistance for the East Asia Climate Partnership.

      The future of relations now hinges on how faithfully the Korean government implements follow-up measures and how effectively it taps the ASEAN market in fierce competition with China and Japan.

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