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Indonesian, South Korea Agree to Improve Ties
Indonesian President Abdurrahman Wahid and his South Korean counterpart Kim Dae-Jung agreed on November 28 in Jakarta to improve bilateral relations between the two countries.
The two leaders made the statement during a joint press conference in the wake of a three hours meeting between Wahid and Kim at the Merdeka Palace.
Kim arrived here Monday for a three-day state visit to discuss topics on the improvement of bilateral ties between Indonesia and South Korea.
The South Korean leader said that he has reached some agreements with Wahid on trade issues, such as automotive, telecommunication, construction, oil and energy.
"President Wahid and I have agreed to safeguard the good relationship between the two countries. President Wahid has also asked me to encourage Korean investments in Indonesia," Kim told the conference.
"I also asked the Indonesian government to pay its attention in creating a stable climate for business activities, so that South Korean business people can make business here," he added.
Meanwhile, Wahid said that the two counties would conclude an agreement on oil business.
During his three-day visit to Indonesia, Kim was accompanied by a 150-members South Korean delegation, including Foreign Affairs and Trade Minister Lee Joung-Binn.
Earlier in the day, Lee and his Indonesian counterpart Alwi Shihab signed an extradition treaty and a cultural cooperation agreement.
Kim is also expected to meet with Korean community and business people in Indonesia.
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