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South Korea, Netherlands sign memo of understanding on working holiday visa program

Bishkek (AKIpress) - South Korea, Netherlands President of South Korea Park Geun-hye held talks with Dutch Prime Minister Mark Rutte in The Hague, Netherlands, on March 24, Korea.net reported.

The two leaders discussed ways to boost cooperation in energy, science, technology, agriculture and nuclear energy. They also exchanged opinions how to enhance people-to-people exchanges and ways to cooperate in responding to global issues.

It was the first official visit to the Netherlands for a Korean head of state since the two countries started diplomatic relations.

President Park told the Dutch leader that the two countries have become reliable partners for each other in the business world. Both countries share a common background of achieving today’s level of development by overcoming the limits of geography and limited natural resources. “The Netherlands is strong in shipping, logistics and financial services, while Korea has prowess in manufacturing and information and communications technology. The bilateral economic cooperation between the two nations will create great synergies,” said the President.

Prime Minister Rutte told President Park that he hopes his nation will successfully host the Nuclear Security Summit, following Korea’s successful hosting of past nuclear summits. He also said that the Netherlands has always respected Korea’s economic success.

President Park continued that the Netherlands “brain bank” is one of the most successful ones in Europe. She hoped to bolster cooperation between related research institutions, as Korea plans to build a similar “brain bank”. She also explained Korea’s nuclear industry to her Dutch counterpart and asked him to take an interest in cooperating in the nuclear energy sector. She asked him to seriously consider Korean firms when his government places orders for nuclear energy components and nuclear reactors.

The Dutch government proposed an industrial alliance between the Netherlands’ water treatment technology and Korea’s high quality water treatment industry, to jointly enter third markets. In addition, Park asked the Netherlands to jointly work together for the success of the World Water Forum, which Korea will host next year, and asked for the country’s participation in the Global Green Growth Institute (GGGI).

After the summit, the two leaders attended a memorandum of understanding (MOU) signing ceremony on a working holiday visa program between South Korea and the Netherlands.

12:53 25.03.2014
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