PH, South Korea sign 5 deals during ASEAN-ROK Summit

Aileen Cerrudo
President Rodrigo Roa Duterte and Republic of Korea President Moon Jae-in witness the signing of agreements between Foreign Affairs Secretary Teodoro Locsin Jr. and Foreign Minister Kang Kyung-wha following the successful bilateral meeting at The Westin Chosun Busan Hotel on November 25, 2019. ROBINSON NIÑAL JR./PRESIDENTIAL PHOTO

The Philippines and South Korea signed five agreements on Monday (November 25) the bilateral meeting between President Rodrigo Roa Duterte and South Korean President Moon Jae-in.

The two leaders signed agreements on tourism, social security, education, and fisheries. They also signed an anticipated free trade agreement (FTA) which is expected to be signed by 2020.

The two leaders witnessed the signing of the agreements. Among the agreements signed were:

· Agreement on social security between the Government of the Republic of the Philippines and the Government of the Republic of Korea. The signatories were Secretary of Foreign Affairs Teodoro Locsin Jr. of the Republic of the Philippines and Minister of Foreign Affairs Kang Kyung-wha of the Republic of Korea

· Implementation program of the MOU on tourism cooperation between the Department of Tourism of the Republic of the Philippines and the Ministry of Culture, Sports and Tourism of the Republic of Korea, signed by Secretary of Tourism Bernadette Romulo-Puyat of the Republic of the Philippines and Minister of Culture, Sports and Tourism Park Yang-woo of the Republic of Korea

· Joint statement by the Republic of the Philippines and the Republic of Korea on the early achievement package of the negotiations of the Philippines-Korea free trade agreement. It was signed by Secretary of Trade and Industry Ramon Lopez of the Republic of the Philippines and Minister for Trade Yoo Myung-hee of the Republic of Korea

· Memorandum of Understanding on cooperation in fisheries

· Memorandum of Understanding on cooperation in the field of education

“I assure you that the Philippines will continue to find common cause and purpose with the Republic of Korea towards enhancing our bilateral engagement and promoting peace and stability in your region,” according to Duterte.—AAC (with reports from Rosalie Coz)

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