Chinese, South Korean presidents meet in Toronto

08:31, June 28, 2010      

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Chinese President Hu Jintao on Sunday met South Korean President Lee Myung-bak in Toronto, Canada, as both leaders vowed to further enhance the strategic partnership of cooperation between the two countries.

The two leaders met on the sidelines of a summit of the Group of Twenty (G20).

Hu said the cooperation between the two sides had been increasingly strengthened in various sectors, including politics, economy and culture, since the establishment of the bilateral strategic partnership of cooperation in 2008.

The two countries have also maintained good coordination and cooperation in tackling major international and regional issues, said Hu.

The Chinese side, which attaches great importance to its relations with South Korea with a long-term and strategic perspective, has always regarded the development of the bilateral ties as an important part of its foreign relations.

Hu expressed China's support for South Korea to host the Fifth G20 Summit in November this year, expressing his belief that the meeting would be a success.

Lee congratulated Hu on China's successful hosting of the Shanghai World Expo and said he was happy to see the South Korean Pavilion on the Expo has been welcomed by Chinese visitors.

Lee said his country also attaches great importance to the strategic partnership of cooperation with China. He promised that South Korea was willing to enhance the friendly cooperation between the two countries on the basis of the strategic partnership.

Since China and South Korea set up diplomatic ties in 1992, bilateral relations have developed at a fast pace. President Hu and President Lee announced the establishment of the strategic partnership of cooperation between the two countries in May 2008 when Lee visited China.

In recent years, political mutual trust between the two Asian nations has been enhanced, and trade cooperation expanded. China is now South Korea's largest trading partner in the world, while South Korea is China's fourth largest trading partner.

Both China and South Korea are members of G20, which was established in 1999.

The other G20 members are Argentina, Australia, Brazil, Britain, Canada, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United States and the European Union.



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