ForMin Baconschi welcomes Korean ambassador Lee Kwang Jae

Foreign Minister Teodor Baconschi on Friday welcomed ambassador of the Republic of Korea in Bucharest Lee Kwang Jae to discuss furthering the bilateral relations between Romania and Korea, which are underpinned by a strategic partnership concluded in 2008 on a visit to Seoul by Romania’s President Traian Basescu, the Romanian Foreign Ministry (MAE) reports.

The two officials are said to have commended the level of bilateral political dialogue and economic cooperation between the two countries. Likewise, the prospects for boosting the bilateral ties on the occasion of the 20th anniversary this year of diplomatic ties between Romania and Korea were discussed.

Baconschi commended South-Korean companies for their dynamism in investing in the Romanian economy, pointing to the potential for bilateral cooperation in priority areas, particularly the energy. He also stated himself in favour of commercial exchanges being boosted between the two countries and for an equilibrated balance of trade.

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