PRESIDENT Rodrigo Duterte and South Korean President Moon Jae-in witnessed the signing of five agreements during the ASEAN-Korea commemorative summit in Busan Monday.
According to Presidential Spokesperson Salvador Panelo, the agreements covered a “wide range of areas of cooperation, such as education, social security, fisheries, tourism, and trade.”
A report from the Philippine News Agency said the Tourism Cooperation was “valid from 2019 to 2024,” and would introduce “joint programs and activities that will bolster two-way tourism promotion and align tourism efforts between the Philippines and Korea.”
Details of the agreements are still to be revealed.
Prior to the signing Duterte and Moon, along with other officials, held a bilateral meeting with both leaders spoking on the importance of the friendship between the Philippines and South Korea.
Duterte said, “Solidarity and mutual aid have been the hallmark of our ties since 1950. It touches us that this remains so.”
In a speech after the signing, Duterte thanked the South Korean government for donating $100,000 to the Mindanao earthquake victims.
“Clearly, at no other time in our shared history have the bonds between our peoples been this strong,” Duterte noted.
The President said South Korea was the country’s fourth largest trading partner, with total trade amounting to over $13 billion.
“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 in promoting peace and stability in your region,” he said.
For his part, President Moon said Duterte’s visit came at a “meaningful time” as both countries celebrate 70 years of diplomatic relations. Moon also said “Koreans love the Philippines,” adding the top tourists in the country were from South Korea.
Duterte will be attending the summit from November 25 to 27.