S Korea's Lee, Germany's Merkel vow stronger economic ties

13:07, November 11, 2010      

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German Chancellor Angela Merkel (C) arrives at the airport in Seoul, capital of South Korea, on Nov. 11, 2010. The G20 summit will be held in Seoul from Nov. 11 to 12. (Xinhua)

South Korean President Lee Myung-bak and German Chancellor Angela Merkel vowed Thursday to bolster bilateral ties in the renewable energy sector and further facilitate economic cooperation the in private sector.

In talks held on the sidelines of the G20 economic summit here, the two leaders agreed to boost cooperation on the renewable energy sector and science technology and further enhance economic exchanges in the private sector, Lee's office Cheong Wa Dae said.

Noting that Germany is South Korea's biggest trade partner among the EU countries and the third biggest investor, the leaders agreed to expand economic ties beyond the government level, according to Cheong Wa Dae.

Lee expressed his hope that the two-day summit will make further progress beyond agreements reached at the G20 finance ministers and central bank governors meeting, and asked for Germany's support for drawing concrete outcomes from the summit, Cheong Wa Dae said.

The two leaders also shared their views on Germany's reunification and its efforts for social unity, according to Cheong Wa Dae. South Korea remains the only divided nation in the world, following its civil war decades ago.

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