Islamabad, 26 September 2033 (TDI): The Ambassador of the Republic of Korea (ROK) to Pakistan, Suh Sangpyo called on the Speaker of the National Assembly, Raja Pervaiz Ashraf at the Parliament House.

During the meeting, the officials discussed matters pertaining to bilateral relations and key regional and international issues.

Remarks of the Speaker

The Speaker said that Pakistan and Korea enjoy long-standing relations based on decades-old economic partnerships.

While recalling the visit of the members of the ROK-Pakistan Parliamentary Friendship Group to Pakistan on 22-25 August, the Speaker said that Pakistan gives immense value to its relations with the ROK and desires to further deepen the existing ties through enhanced Parliamentary and economic cooperation.

The Speaker also said that Korea has achieved exceptional economic and industrial progress due to the farsighted and dedicated Korean leadership. He said that there are huge opportunities for investment in various sectors in Pakistan. He added that Korean companies can further invest in Pakistan’s lucrative market, especially in the fields of business, communication, energy, infrastructure, and Information Technology.

While talking about the unprecedented catastrophe caused by recent devastating floods in Pakistan, he apprised that National Assembly in collaboration with Inter-Parliamentary Union had hosted the 3rd Regional Seminar for the Parliaments of Asia Pacific Region on Achieving the Sustainable Development Goals on 13-14 September 2022 to highlight the vulnerabilities of developing countries especially the countries of the Asia-Pacific region from the ever-intensifying impacts of global climate change.

Furthermore, he said that being a member of the Asia Pacific region, the Parliamentary delegation of Korea also actively participated and assured their all-out support in raising the issue of climate change on international forums.

In addition, he shared that an emergency resolution will be presented in the context of the devastating floods in Pakistan in the next meeting of the Inter-Parliamentary Union (IPU) in Rwanda.

The objective of this resolution is to present a forceful demand that developed countries must compensate for irreparable socio-economic losses due to climate change in developing countries, he added.

He appreciated the Korean government’s generous support for the relief and rehabilitation efforts for the flood affectees in Pakistan that have left millions homeless across the country.

Moreover, the speaker also accepted the invitation extended by the Ambassador to participate in the 40th anniversary of the establishment of diplomatic ties between the two countries.

Remarks of the Ambassador

Ambassador Suh Sangpyo said that the ROK also considers Pakistan one of its close friends and an important economic partner.

He said that Korean investors are eager to explore and further invest in Pakistan for the mutual benefit of both countries. Subsequently, he assured his country’s all-out support to Pakistan at regional and international forums regarding the issue of the climate crisis being induced in Pakistan by the developed countries responsible for CO2 emissions.

Lastly, the Ambassador expressed gratitude to the Speaker for accepting the invitation to participate in the 40th anniversary of the establishment of diplomatic ties.