See More on Facebook

Diplomacy, Economics

S. Korea, Myanmar to hold summit on economic ties

Summit is part of South Korea’s Southeast Asia outreach program.


Written by

Updated: September 3, 2019

South Korean President Moon Jae-in will head to Myanmar on Tuesday in a bid to pave the way for closer economic cooperation between the two sides.

Moon’s state visit to the nation, the first by a South Korean president in seven years, is in line with his administration’s campaign to reach out to Southeast Asian nations under the New Southern Policy.

Moon is on a weeklong tour of the region, which already took him to Thailand, where he had talks with Prayut Chan-o-cha, mainly on strengthening partnerships in high-tech industries.

He will also travel to Laos following a two-day trip to Myanmar.

Shortly after flying into the capital city of Naypyitaw, Moon is scheduled to hold a series of meetings with state councilor and Nobel Peace Prize laureate Aung San Suu Kyi and President Win Myint.

The focus will be on ways to improve bilateral relations, especially in trade, investment and development cooperation.

Myanmar is eager to attract foreign direct investment. South Korea is seeking to expand partnerships with the nation, rich in natural resources and located in the center of Asia, between China and India. More than 200 South Korean firms are doing business in Myanmar.

During Moon’s trip there, the Myanmar government plans to launch the “Korea Desk” office to help South Korean businesses resolve administrative difficulties.

Moon may convey Seoul’s position on the sensitive issue of the Rohingya humanitarian crisis as well.

On Wednesday, he will travel to Yangon for a business forum and a groundbreaking ceremony for the South Korea-Myanmar Economic Cooperation Industrial Complex.



Enjoyed this story? Share it.


The Korea Herald
About the Author: The Korea Herald is the nation’s largest English-language daily and the country’s sole member of the Asia News Network.

Eastern Briefings

All you need to know about Asia


Our Eastern Briefings Newsletter presents curated stories from 22 Asian newspapers from South, Southeast and Northeast Asia.

Sign up and stay updated with the latest news.



By providing us with your email address, you agree to our Privacy Policy and Terms of Service.

View Today's Newsletter Here

Diplomacy, Economics

US-Thai defence treaty looks to cement alliance in 21st century

Thailand is the US’ oldest treaty ally in Southeast Asia. Thailand and the United States have signed a defence treaty to enable stability, prosperity and sustainability in the Indo-Pacific region “in support of an inclusive and rules-based international order”. The US-Thailand Joint Vision Statement 2020 advances the 2018 US National Defence Strategy and Thailand’s 20-Year National Strategy objectives “by reaffirming our shared commitment to the long-standing defence alliance”, according to a statement issued by the US embassy in Bangkok on Sunday. “It strengthens the special relationship with a focus on the long-term advancement of mutual interests and shared values while also promoting security cooperation capable of deterring or acting decisively to meet the shared challenges of the future”, the statement added. Academics said the move reaffirmed US policy o


By The Nation (Thailand)
November 18, 2019

Diplomacy, Economics

Coming challenges call for stronger Korea-ASEAN ties

President Moon Jae-in contributed this article to The Korea Herald and Asia News Network member newspapers on the occasion of the 2019 ASEAN-Republic of Korea Commemorative Summit.  Next week, November 25-27, the 2019 ASEAN-Republic of Korea Commemorative Summit and the 1st Mekong-Republic of Korea Summit will be held in Korea. In particular, since my hometown Busan will play host to the events, I am very much looking forward to them – as if I have invited valued guests to my home. I send early greetings in a warm welcome to the heads of state and government as well as to the Secretary-General of ASEAN. The Republic of Korea was ASEAN’s first dialogue partner to establish an ASEAN Culture House. Koreans love ASEAN so much that the National ASEAN Recreation Forest was created complete with cabins modeled after the various traditional housing styles of the 10 ASEAN member states. After I took offic


By Asia News Network
November 18, 2019

Diplomacy, Economics

N. Korea says it sent ultimatum to S. Korea over Mount Kumgang project

Mount Kumgang is a joint economic venture. North Korea sent an ultimatum to South Korea earlier this week that it will unilaterally remove the South-built facilities from its Mount Kumgang resort unless Seoul tears them down on its own, Pyongyang’s official news agency reported Friday. The North’s tough stance suggests little room for inter-Korean negotiations that South Korea has sought in an effort to keep the long-suspended tour project that was considered one of the most tangible symbols of inter-Korean reconciliation and cooperation. North Korean leader Kim Jong-un (Yonhap) “We sent an ultimatum on Nov. 11 that i


By The Korea Herald
November 15, 2019

Diplomacy, Economics

China, India doing ‘absolutely nothing’ to clean up

Garbage they drop in sea floats into Los Angeles: Donald Trump. US President Donald Trump at the Economic Club of New York on Tuesday, has said countries like China, India and Russia are doing “absolutely nothing” to clean up their smokestacks and industrial plants and the garbage that they drop in sea floats into Los Angeles. Trump also claimed that he considers himself to be, “in many ways, an environmentalist, believe it or not”. US president said that climate change is a “very complex issue.” “So…I’m very much into climate. But I want the cleanest air on the planet and I want to have – I have to have clean air – water,” Mr Trump said in remarks at the Economic Club of New York. Trump while addressing the audience said that the US withdrew from the “one-sided, horrible, horrible, economically unfair, ”close your businesses down within three


By The Statesman
November 14, 2019

Diplomacy, Economics

Terminating GSOMIA may send ‘wrong’ message to adversaries

Wartime OPCON transfer is contingent upon conditions being met, says top US military official stationed in Korea. By terminating its bilateral intelligence-sharing agreement with Japan, South Korea risks sending the wrong message — that the trilateral alliance of South Korea, the US and Japan is weak — Gen. Robert Abrams, commander of the US-ROK Combined Forces Command, said Tuesday. Marking his first year in office, Abrams, who also commands United States Forces Korea and the United Nations Command, spoke on a series of current issues, including the ongoing defense cost-sharing negotiations and the alliance, during a joint press interview.


By The Korea Herald
November 14, 2019

Diplomacy, Economics

Continued chaos on Hong Kong roads due to strikes

All schools shut on Thursday to protect students. Hong Kong on Wednesday (Nov 13) faced a third straight day of traffic chaos as protesters continued their strike,  obstructing roads and fighting pitched battles with police across the city as schools cancelled classes. The Education Bureau announced that all schools including kindergarten, primary and secondary as well as special schools will suspend lessons on Thursday (Nov 14) out of safety concerns. The Hong Kong Association of the Heads of Secondary Schools has asked the Education Bureau to suspend school on Friday as well. “In some schools situated under the impact of confrontational events, teachers and students had their lessons amidst the tear gas,


By The Straits Times
November 14, 2019