South Korean President Park Geun-hye and Philippine President Benigno Aquino III shake hands ahead of a summit in Seoul on Oct. 17. (Yonhap)
S. Korea, Philippines agree to bolster defense  industry cooperation
South Korean President  Park Geun-hye and Philippine President Benigno Aquino III agreed Thursday to  cooperate closely to boost defense industry cooperation between the two  countries as South Korea seeks to export military hardware to the Southeast  Asian nation.
The agreement was one  of the key points of a summit between Park and Aquino. On the sidelines of the  summit, the two sides signed a memorandum of understanding that calls for  greater defense industry cooperation and exchanges between the two countries.
South Korea has been in  negotiations with the Philippines to seal a deal to export a dozen Korean-made  FA-50 fighter jets, a variant of the T-50 Golden Eagle supersonic trainer jets.  South Korea also hopes to export naval escort vessels to the Southeast Asian nation.
"The two leaders  welcomed the signing of the memorandum of understanding on defense sector  cooperation and agreed to enhance defense sector cooperation," the  presidential office said in a statement.
Park expressed  gratitude to Aquino for selecting the FA-50 in the country's fighter jet  program and hoped the two countries will sign a contract at an early date, the  office said. Aquino said he will try to ensure that defense industry  cooperation with South Korea will go smoothly, the office said.
Park also asked for  cooperation in other defense projects in the Philippines, including one aimed  at purchasing naval escort vessels. Aquino was quoted as saying that it is no  secret that the Philippines needs more vessels to defend its long coastline,  and that Korean-made military hardware has been very useful to the country.
Aquino arrived in Seoul  earlier in the day for a two-day visit, his first to South Korea since taking  office in June 2010. He is also the first foreign leader to make a state visit  to South Korea under Park.
The two leaders also  agreed to work together to bolster trade, agricultural and other economic ties  between the two countries. Park promised to actively provide the Philippines  with official development assistance to help with sustainable development of  the country, the office said.
The two sides also  signed two more MOUs -- one on sports exchanges and the other on providing  US$80 million in an economic development cooperation fund (EDCF) loan to the  Philippines to build flood-control facilities and schools in the central region  of Pampanga.
Addressing security  issues, Park asked for the Philippine government to send a clear and consistent  message to North Korea to help prod the communist nation to give up its nuclear  programs. Aquino welcomed Park's policy on Pyongyang and promised to do  whatever he could for peace and stability on the Korean Peninsula, the  presidential office said.
At the start of the  talks, Park offered condolences over a deadly earthquake that struck the  country Tuesday and left at least 156 people dead.
"I am aware that  an earthquake happened in the Philippines and inflicted much damage. I extend  my deep condolences to the victims and their families," Park said at the  start of the talks. "I saw news reports that the president visited the  damaged site in person. I hope for a quick recovery."
Park also stressed how  close the two countries have been so far, saying the Philippines is the first  Southeast Asian nation to open diplomatic relations with Seoul and helped South  Korea repel invading troops from North Korea during the 1950-53 Korean War.
The Philippines is the  only Southeast Asian nation that participated in the war with North Korea,  dispatching the fourth-largest contingent among 16 allied nations under a U.N.  resolution. A total of 7,420 Filipino troops fought in the conflict, with 112  of them killed and a further 299 wounded.
"I am anticipating  that the two countries will move toward an even more solid relationship of  mutual cooperation," she said, adding that the Philippines is drawing  international attention as a member of the "VIP" nations for its firm  economic growth in recent years.
"VIP" is a  term coined to refer to three rising Southeast Asian economies -- Vietnam,  Indonesia and the Philippines --which some economists say could be the  "post-BRICS" nations. BRICS refers to Brazil, Russia, India, China  and South Africa.  (jschang@yna.co.kr)
Yonhap News  Agency
 

 
 
 
 
 
 
 


