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PacNet #4 – South Korea’s Policy Toward China After President Lee’s Visit

Last week, President Lee Myung-bak visited China as a state guest and held a summit with President Hu Jintao. They addressed the Sino-South Korean strategic cooperative partnership and how to strengthen the relationship between their countries’ foreign and defense ministries. They agreed to increase trade by $300 billion by 2015 and to initiate discussions on a bilateral free trade agreement (FTA). They also agreed to cooperate in solving the illegal fishing issue and work toward the resumption of the Six-Party Talks.