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S. Korea, Belgium hold summit on cooperation, peace on Korean Peninsula

All Headlines 11:43 March 26, 2019

SEOUL, March 26 (Yonhap) -- President Moon Jae-in held a summit with King Philippe of Belgium on Tuesday to discuss ways to bolster bilateral cooperation in a mutually beneficial and future-oriented manner.

During their meeting in Seoul, they assessed increased cooperation in such areas as chemistry, pharmaceuticals and logistics, and agreed to expand the level of cooperation into new sectors, including bio, smart city and startup, the presidential office Cheong Wa Dae said.

King Philippe arrived Monday on a four-day state visit, becoming the first Belgian king to visit South Korea in 27 years.

He previously visited Seoul four times as the crown prince of Belgium.

President Moon Jae-in (R) and King Philippe of Belgium shake hands ahead of their summit at the presidential office Cheong Wa Dae on March 26, 2019. (Yonhap)

The president also appealed for Belgium's continued support for his peace initiative with North Korea, noting Brussels currently serves as a rotating nonpermanent member of the U.N. Security Council.

Moon expressed gratitude to Belgium's support for its efforts to bring peace to the Korean Peninsula, and in return, King Philippe pledged efforts to continue his country's cooperation in the process for peace, according to Cheong Wa Dae.

Since the two nations established their diplomatic ties in 1901, they have maintained a friendly relationship. The two leaders also positively assessed an increase in bilateral trade and investment.

Two-way trade between South Korea and Belgium came to US$4.7 billion in 2018, up more than 14 percent from $4.1 billion a year earlier.

King Philippe plans to meet National Assembly Speaker Moon Hee-sang and attend a business forum involving Korean and Belgian businesspeople.

Moon will host a state dinner for King Philippe and Queen Mathilde at the presidential office.

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