Anim na kasunduan sa pagitan ng PH at South Korea, pinagtibay sa bilateral meeting nina PBBM at South Korean Pres. Yoon

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00:00The Philippines and South Korea have been at war for more than seven decades.

00:05This is a bilateral meeting between President Ferdinand R. Marcos Jr. and South Korean President Yun Suk-hyo,

00:12who is currently in the country for a two-day state visit.

00:16Clayzel Pardilla is in the center of the news.

00:21President Ferdinand R. Marcos Jr. and First Lady Liza Araneta Marcos were warmly received at the Palace of Malacanang.

00:29South Korean President Yun Suk-hyo and First Lady Kim Kyung-li were also there.

00:34The President of South Korea arrived in the country yesterday,

00:38following the invitation of the former Executive Minister.

00:41The arrival of honors was held, followed by the signing of the West Book at the Palace.

00:47The State Visit of the Leader of South Korea was held on the 75th anniversary of the diplomatic relations

00:55between the Philippines and South Korea, which was established in March 1949.

01:00President Marcos Jr. said that it is a symbol of the rich history of the two countries.

01:07Thousands of soldiers were sent to the Philippines when the Korean War broke out in 1950.

01:15The relationship between the Philippines and South Korea continues to be established

01:19in the areas of defense, security, maritime cooperation, and bilateral relations.

01:24There is only one clear direction ahead,

01:28which is to strengthen the strategic relationship between the two countries

01:32in the face of a complicated geopolitical environment.

01:45and to promote a rules-based order governed by international law,

01:50including the 1982 UNCLOS and the binding 2016 Arbitral Award.

01:57According to South Korean President Yun,

02:00it was a good opportunity for his State Visit,

02:03not only to assess the bilateral relations and economic cooperation between the Philippines and South Korea,

02:10but also to strengthen the relationship and expand the partnership between the two countries.

02:33At the bilateral meeting,

02:35the two leaders discussed issues related to politics, security, defense, and maritime cooperation.

02:41The two leaders exchanged views on regional and international issues,

02:47such as the West Philippine Sea and the Korean Peninsula.

02:52The two leaders discussed economic development and strengthening the relationship between people.

02:58Six important agreements were established between the two countries,

03:03including the strengthening of maritime cooperation between the Philippine Coast Guard and the Korean Coast Guard.

03:33In particular, Korea will actively take part in the Re-Horizon 3 phase of the modernization of the AFP.

03:39Also based on the MOU on Maritime Cooperation signed today,

03:43our two countries will reinforce maritime security partnership in such areas as

03:47tackling transnational crime, information sharing, and conducting search and rescue missions.

03:52Memorandum of Understanding was also passed

03:55on the construction of a feasibility study for the Bataan Nuclear Plant,

03:59which is said to be helpful for the country to have sufficient electricity supply.

04:04The construction of a framework to enhance the national and regional urban development in the Philippines,

04:11to have strategic cooperation in the raw materials used in the supply chain.

04:17A loan agreement was also signed on the Summer Coast Road 2 Project,

04:21Laguna Lake Shore Network Project Phase 1,

04:24and Panay-Gimaras-Negros Island Bridges Project.

04:27And to strengthen bilateral tourism cooperation,

04:31the Implementation Program of the Memorandum of Understanding was signed

04:36by the Korean Tourism Department and Ministry of Culture, Sports, and Tourism

04:41for the current year until 2029.

04:44The two leaders were called Productivo,

04:47the first state visit of a Korean president in the Philippines in 13 years.

04:54It will last until today, October 7.

04:58Kalay Zalpardilla for Pambansang TV in Bagong, Philippines.

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