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South Korea and Britain seek strategic development partnership

Seoul, May 12 (Prensa Latina) South Korea and Britain today signed a letter of intent (LOI) to establish a bilateral strategic development partnership.

According to a statement from Seoul’s Foreign Ministry, the LOI was signed by Seoul’s Second Deputy Foreign Minister Lee Do-hoon, First Deputy Finance Minister Bang Ki-sun and Anne-Marie Trevelyan, Britain’s Minister of State for the Indo-Pacific.

The letter calls for the establishment of a bilateral strategic development partnership in the Indo-Pacific based on shared values of freedom, democracy, rule of law and human rights.

The two sides also agreed to explore joint cooperation measures with a focus on the areas of digital, climate, environment, public health, private sector collaboration and women.

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