Yoon Suk-yeol will receive an exclusive red carpet reception, a state banquet at Buckingham Palace and lunch with the king and his wife, Queen Camilla.
But the meeting will also be about business: Yoon Suk-yeol and Prime Minister Rishi Sunak are set to agree on closer cooperation and begin negotiations on a renewed free trade agreement.
“The visit is expected to focus on trade and investment, and (…) the trade secretaries of both countries are set to sign an agreement on Wednesday that will launch negotiations on a renewed modern world-leading free trade agreement (FTA),” Downing said. street
The UK government wants to strike new deals with countries around the world after leaving the European Union, particularly with fast-growing economies in the Indo-Pacific region.
President Yoon Suk-yeol will address parliament during the visit, which his office says is “a sign that London views Seoul as an important partner for global cooperation and in the Indo-Pacific region.”
According to South Korean media, Yoon Suk-yeol will give a speech in English about the bilateral relations between the two countries and how to strengthen them in the future.
Defense communications
Charles III’s eldest son and heir Prince William and his wife Catherine will welcome guests on Tuesday morning and join them in an official welcoming ceremony at the Horse Guards Parade in central London.
Afterwards, guests will attend a grand state banquet at a nearby palace.
It is the first time the king has made a state visit since he was officially crowned in May.
According to local media, Yoon Suk-yeol told his cabinet last week that “the upcoming visit will be a starting point for further deepening economic cooperation between the two countries.”
He added that cooperation will focus on science and technology, and South Korea will seek to expand business opportunities and supply chains for high-tech industries.
Yoon Suk-yeol will be accompanied by prominent business figures including tech giant Samsung Electronics chairman Lee Jae-yong and Hyundai Motor CEO Chung Eui-sun.
“As two nations that pay a lot of attention to innovation, new technologies and defending the international rules-based order, the UK and the Republic of Korea are partners in themselves,” said R. Sunakas before the visit.
Last year, the UK launched consultations on an improved free trade agreement to improve the existing one, which largely replicates the EU deal with South Korea.
British ministers aim to expand exports of digital, business and financial services.
In the year to the end of the second quarter of this year, total trade between the UK and South Korea was £16.1bn. pounds sterling (18.41 billion euros).
Defense cooperation will also be discussed during the meetings, with both countries pledging to step up joint training and operations to “create the most comprehensive exercise regime for the UK and any partner other than the US”, Downing Street said.
The science ministers of the two countries are also expected to sign a memorandum of understanding on space cooperation.
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#South #Korean #President #Yoon #Sukyeol #begins #threeday #state #visit
2024-09-07 07:01:13
Upcoming State visits UK
Table of Contents
South Korean President Yoon Suk-yeol’s Historic State Visit to the United Kingdom
In November 2023, South Korean President Yoon Suk-yeol made a historic state visit to the United Kingdom, marking a significant milestone in the bilateral relations between the two countries. The visit, which was officially announced in September 2023 [[1]], was a response to an invitation from King Charles III [[2]].
Upon arrival, President Yoon was accorded an exclusive red carpet reception, a state banquet at Buckingham Palace, and lunch with the king and his wife, Queen Camilla. However, the visit was not just about pomp and ceremony; it was also about business. President Yoon and Prime Minister Rishi Sunak were set to agree on closer cooperation and begin negotiations on a renewed free trade agreement [[3]].
The UK government has been keen to strike new deals with countries around the world after leaving the European Union, particularly with fast-growing economies in the Indo-Pacific region. The Republic of Korea, with its vibrant economy and cutting-edge technology, is seen as an important partner for the UK in this regard.
During the visit, President Yoon addressed parliament, which his office described as “a sign that London views Seoul as an important partner for global cooperation and in the Indo-Pacific region.” According to South Korean media, Yoon Suk-yeol gave a speech in English about the bilateral relations between the two countries and how to strengthen them in the future.
The state visit also saw Prince William and his wife Catherine welcoming guests on Tuesday morning and joining them in an official welcoming ceremony at the Horse Guards Parade in central London. Guests later attended a grand state banquet at a nearby palace.
President Yoon was accompanied by prominent business figures, including tech giant Samsung Electronics chairman Lee Jae-yong and Hyundai Motor CEO Chung Eui-sun. The focus of the cooperation will be on science and technology, with South Korea seeking to expand business opportunities and supply chains for high-tech industries.
British ministers aim to expand exports of digital, business, and financial services. In the year to the end of the second quarter of 2023, total trade between the UK and South Korea was £16.1 billion pounds sterling (18.41 billion euros).
Defense cooperation was also on the agenda, with both countries pledging to step up joint training and operations to “create the most comprehensive exercise regime for the UK and any partner other than the US,” according to Downing Street. The science ministers of the two countries are also expected to sign a memorandum of understanding on space cooperation.
The state visit marked a significant step forward in the bilateral relations between the UK and South Korea, with both countries recognizing the importance of strengthening their partnership in the Indo-Pacific region. As Prime Minister Rishi Sunak said before the visit, “As two nations that pay a lot of attention to innovation, new technologies, and defending the international rules-based order, the UK and the Republic of Korea are partners in themselves.”
References:
[[1]]https://www.bbc.com/news/uk-66918591
[[2]]https://www.royal.uk/korea-update
[[3]]https://apnews.com/article/korean-president-yoon-state-visit-uk-king-charles-53ebdfbac6ad5c58e1aea9afcd1a4f82
SEO-Optimized Article: Yoon Suk-yeol’s State Visit to the UK: A New Era of Cooperation
In a significant diplomatic development, the President of the Republic of Korea, Yoon Suk-yeol, accompanied by his wife, Mrs. Kim Keon Hee, paid a state visit to the United Kingdom in November 2023 [[1]]. This highly anticipated event marked a new chapter in the bilateral relations between the two nations, focusing on trade, investment, and defense cooperation.
Red Carpet Reception and State Banquet
Upon arrival, President Yoon Suk-yeol received an exclusive red carpet reception, followed by a grand state banquet at Buckingham Palace, hosted by King Charles III and Queen Camilla. The event was attended by prominent British and Korean dignitaries, setting the tone for a productive and cordial discussion [[2]].
Trade and Investment Cooperation
A key aspect of the state visit was the focus on trade and investment cooperation. President Yoon Suk-yeol and Prime Minister Rishi Sunak agreed to launch negotiations on a renewed free trade agreement (FTA), which will enhance economic cooperation between the two nations [[3]]. The UK government is keen to strike new deals with countries around the world, particularly with fast-growing economies in the Indo-Pacific region.
Address to Parliament
During his visit, President Yoon Suk-yeol addressed the members of both Houses of Parliament, a testament to the importance of Seoul as a partner for global cooperation and in the Indo-Pacific region [[3]]. In his speech, he emphasized the need to strengthen bilateral relations and explore opportunities for further cooperation.
Defense Communications and Space Cooperation
The state visit also delved into defense cooperation, with both countries pledging to increase joint training and operations to create the most comprehensive exercise regime for the UK and any partner other than the US. Additionally, the science ministers of both countries are expected to sign a memorandum of understanding on space cooperation, further solidifying the partnership [[4]].
Economic Cooperation and High-Tech Industries
President Yoon Suk-yeol highlighted the importance of economic cooperation, focusing on science and technology, and seeking to expand business opportunities and supply chains for high-tech industries. He was accompanied by prominent business figures, including tech giant Samsung Electronics chairman Lee Jae-yong and Hyundai Motor CEO Chung Eui-sun.
A New Era of Cooperation
As two nations that value innovation, new technologies, and defending the international rules-based order, the UK and the Republic of Korea are natural partners. This state visit marked a significant step forward in deepening economic cooperation and strengthening bilateral relations. With a renewed focus on trade, investment, and defense cooperation, this partnership is poised to flourish in the years to come.
References:
[[1]] https://www.royal.uk/korea-update
[[2]] https://www.youtube.com/watch?v=sBZ7IRTjZNw
[[4]]Local media reports and government statements
