President Park Geun-hye will attend the Summit with President of the Czech Republic Milos Zeman followed by Summit with Prime Ministers of “Visegrad Four” Countries in Prague on 2 and 3 December 2015.
This year Korea and the Czech Republic commemorate the 25th anniversary of establishment of the diplomatic relations between the two countries. To highlight the importance of common relations, Prime Minister of the Czech Republic Bohuslav Sobotka visited Korea in February 2015 and President Park Geun-hye is going to visit the Czech Republic in December.
The Czech Republic is a dynamic state in Central Europe, with an advanced high income economy and high living standards. It is characterized by free market, civil society and respect for the law, human rights and environmental issues. The automotive, mechanical-engineering, electronics, metallurgy and steelmaking sectors comprise the most important aspect of contemporary Czech industry. Number of other products, like Czech glass and beer are also well known in the world. In the past twenty-five years its services sector has grown substantially. Some Czech IT firms rank among the world’s elite or are leaders in Central and Eastern Europe.
The Czech - Korean economic cooperation is very dynamic as well. The Republic of Korea has become a very important trade partner and investor. The bilateral economic and trade cooperation is gaining momentum and benefits both economies. The Republic of Korea is currently the fourth-biggest investor in the Czech economy in terms of job creation. On the other hand, Czech investors are active for example in Foodpolis Project in Iksan. Trade exchange is still increasing on both sides and this trend is very encouraging.
The Czech Republic and the Republic of Korea have wide cooperation in the sphere of culture and education. There is a long tradition in learning Korean language and history at Charles University in Prague, where first Faculty of Korean Studies was opened in 1949. In the time being, numbers of Czech students are studying at Korean Universities. Wide exchange in the cultural sphere is supported by Czech Center Seoul, which is located in the Castle Praha Building designed similarly to the Prague Astronomical Clock.
The Czech Republic is an active and responsible member of the UN, European Union, OECD, NATO and number of other organizations. It is as well an active member of the Visegrad Group (Visegrad Four), which comprises the Czech Republic, Hungary, Poland and Slovakia. The Czech Republic has currently assumed the presidency of Visegrad Four.
The Visegrad Group reflects the efforts of the countries of the Central European region to work together in a number of fields of common interest. These countries have always been part of a single civilization sharing cultural and intellectual values and common roots, which they wish to preserve and further strengthen. In order to preserve and promote cultural cohesion, cooperation within the Visegrad Group enhances the imparting of values in the field of culture, education, science and exchange of information. The Visegrad Four aims at encouraging optimum cooperation with all countries, supporting the democratic, cultural and economic development.
Coming Summit of President of the Republic of Korea with President of the Czech Republic and following Summit of President of Korea with Prime Ministers of Visegrad Countries under Czech Presidency will further strengthen Korean relations with the Czech Republic and other countries of Central European Region.