S. Korea, Chile agree on closer diplomatic ties
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This is a digitised version of an article from The Cayman Compass's print archive. Occasionally, the digitisation process introduces transcription errors, or other problems.
See the article in its original context from November 1994.
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In his talks with President Kim Young-sam, Chilean President Eduardo Frei assured South Korea of Chile's support for its bid for non-permanent membership on the U.N. Security Council, the presidential office said. Chile also will join an international effort to press North Korea to abide by an agreement to freeze its nuclear program, suspected of developing nuclear arms, it added.
Frei welcomed more trade with South Korea and Seoul's investment in industrial technology, the office said.
In return, Kim said South Korean companies will help build telecommunications networks in Chile and help develop its abundant fisheries and natural resources.
After the summit, South Korean Foreign Minister Han Sung-joo and his Chilean counterpart, Jose Miguel Insulza, signed an extradition treaty and an agreement to promote science and technology cooperation.
Also Monday, businessmen from the two countries discussed applying South Korea's engineering technology to developing infrastructure in Chile and exporting Chilean fruit to South Korea.
In a forum sponsored by the South Korean Chamber of Commerce and Industry, the businessmen called for an agreement to protect investment and avoid double taxation.
Frei is the first Chilean president to visit South Korea since the two countries opened diplomatic relations in 1962. Frei invited Kim to visit Chile, the presidential office said.
