UNITED NATIONS: Prime Minister Muhammad Nawaz Sharif proposed initiation of a strategic dialogue and a Free Trade Agreement with South Korea, with an objective to translate the ties between the two countries into a meaningful relationship.

The prime minister met the President of South Korea, Park Geun-hye, here at the United Nations headquarters on the sidelines of the 70th session of the UN General Assembly.

The two leaders affirmed the resolve to boost trade ties between their countries.

Also read: Korea wants more trade with Pakistan

Proposing an FTA with South Korea, Prime Minister Sharif said his country would welcome further investment by South Korea.

He said power generation was a priority for Pakistan and sought greater participation by the Korean companies in this regard.

The Korean president proposed holding of a dialogue to explore ways to identify new economic opportunities between the two countries.

The two leaders also discussed the current situation in Afghanistan.

The president appreciated Pakistan’s efforts to bring peace and stability to Afghanistan. He accepted an invitation by Prime Minister Nawaz Sharif to visit Pakistan.

Published in Dawn, September 29th , 2015

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