Strengthening Ties: South Korea and Malaysia Reaffirm Commitment to Strategic Partnership
KUALA LUMPUR, Dec 15 (Bernama) — South Korea and Malaysia have reaffirmed their commitment to strengthening ties, with the Look East Policy (LEP) instrumental in elevating bilateral relations to a Strategic Partnership, said South Korean Ambassador to Malaysia, Yeo Seung Bae.
Fostering Mutual Development
Speaking at the alumni dinner recently, Yeo highlighted the LEP’s role in fostering mutual development over the past four decades.
"When Prime Minister Datuk Seri Anwar Ibrahim visited South Korea last month, it was moving to see him acknowledge how the LEP has contributed to the economic development of both countries," Yeo said.
Elevation of Bilateral Relations
"The most significant achievement is the elevation of our relationship to a Strategic Partnership. Both nations have agreed to enhance cooperation in the defence industry and aim to conclude Free Trade Agreement (FTA) negotiations by 2025," Yeo added.
Enhanced Collaboration in Emerging Technologies
The Strategic Partnership lays the foundation for enhanced collaboration in emerging technologies, particularly in green energy sectors such as hydrogen, bioenergy, and the digital industry, Yeo noted.
Celebrating Enduring Ties
The dinner, attended by approximately 200 alumni from various South Korean training and scholarship programmes, celebrated the enduring ties between the two nations. Alumni included participants from the Executive Development Programme (EDP-COTI), Global Korea Scholarship (GKS), and Korea-Malaysia Teacher Exchange Programme (KOMTEP).
Alumni’s Critical Role
Yeo also acknowledged the alumni’s critical role in fostering closer ties, praising their contributions across various fields and expressing heartfelt gratitude.
Looking Ahead to 2024
As Malaysia and South Korea approach the 65th anniversary of diplomatic ties next year, Yeo announced plans for significant exchanges and events.
"Next year will mark the 65th anniversary of our diplomatic relationship. I kindly ask for your continued interest and support for the meaningful events planned throughout the year," Yeo said.
Conclusion
The Look East Policy has been instrumental in elevating bilateral relations between South Korea and Malaysia, and the two nations are committed to strengthening their ties further. The Strategic Partnership will foster enhanced collaboration in emerging technologies and other areas, solidifying the foundation for a stronger and more resilient relationship.
FAQs
Q: What is the Look East Policy (LEP)?
A: The LEP is a South Korean government initiative aimed at strengthening ties with Southeast Asian nations, including Malaysia.
Q: What is the Strategic Partnership between South Korea and Malaysia?
A: The Strategic Partnership is a bilateral agreement that elevates the relationship between South Korea and Malaysia to a higher level, fostering enhanced cooperation in various areas, including defence, trade, and technology.
Q: What are some of the key areas of cooperation under the Strategic Partnership?
A: The Strategic Partnership focuses on emerging technologies, including green energy sectors such as hydrogen, bioenergy, and the digital industry, as well as defence industry cooperation and Free Trade Agreement (FTA) negotiations.