UPDATE : 2019.8.26 MON 10:01
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“We wish to increase cooperation with Korea in 5G, electric vehicles, clean energy, many other key areas”President Pinera of Chile stresses at businessmen luncheon in Seoul

By Publisher Lee Kyung-sik, Vice Chairman Choe Nam-suk, Reporter Hwang Jung-ha

President Sebastian Pinera of the Republic of Chile stated that he will make efforts to increase cooperation with Korea in the area of 5G (5th generation mobile communication), electric vehicles and clean energy at a luncheon meeting in Seoul today (April 29, 2019).

President Sebastian Pinera of the Republic of Chile (right) after a luncheon at Lotte Hotel in Seoul on April 29, 2019 with Vice Chairman Choe Nam-suk of The Korea Post media, publisher of 3 English and 2 Korean news media since 1985. President Pinera stressed the importance of increased bilateral cooperation in the economic, scientific and various other areas for the promotion of mutual benefit.

Speaking to an estimated 250 guests at a luncheon meeting at the Lotte Hotel hosted by the heads of the Korea Chamber of Commerce & Industry and four other major Korean business organizations, President Pinera said, “Korea is the 11th economic power in the world and the fifth largest economic partner of Chile.”
Then he said that Chile is trying to change the transportation system and that, due to shortage of fossil fuel, she is preparing to develop solar energy, wind, tidal and earth-energy power generation.

President Sebastian Pinera of Chile (third from left) is seen seated flanked on the left by Representative Director Chung Eui-sun of the Hyundai Business Group and Executive Vice Chairman Kim Jun-dong of the Korea Chamber of Commerce & Industry on the far right. Ambassador Fernando Danus of Chile in Seoul is seen at far left.


Earlier, President Moon Jae-in formalized Korea's bid to become an associate member of the Pacific Alliance during his talks with President Sebastian Pinera.
The luncheon was attended by the leaders of many prominent Korean business organizations and media, including Hyundai Group and The Korea Post (publisher of 2 Korean, 3 English media)

Executive Vice Chairman Kim Jun-dong of the Korea Chamber of Commerce & Industry, Representative Director Chung Eui-sun of the Hyundai Business Group and Chairman Park Young-ju of the Korea-Chile Economic Cooperation Committee (left to third from left) pose for the camera with other leaders of the KCCI.

Previously, President Moon had agreed to actively cooperate with Chile as the country is slated to serve as the rotating chair of the Latin American trade bloc--which also includes three other full-time members: Colombia, Mexico and Peru--starting in the latter half of this year

Publisher-Chairman Lee Kyung-sik of The Korea Post and Vice Chairman Choe Nam-suk are flanked on the left by Chairman Kim Young-ho of UNICESS on the left and CEO Sunny Ryu of Global Satellite Service.

On the occasion of the Moon-Pinera summit, the two countries signed an agreement on defense cooperation and three MOUs meant to deepen partnerships on digital government, transportation and ICT.

President Pinera is the first leader of a Latin American country to visit South Korea since Moon took office in May 2017.

Mayors Juan Carlos Reinao Marilao of Renaico and Juan de Dios Paillafil Calfulen of Puerto Saavedra (left and second from left, resepectively) poses with Publisher-Chairman Lee Kyung-sik of The Korea Post media and Vice Chairman Choe Nam-suk (center and far right, respectively). The visting Chilean diplomat in red coat was very kind and presented Chairman a badge and the flag of Chile as a gift.

In 2004, Korea and Chile forged a "comprehensive, cooperative" partnership when the then-President Roh Moo-hyun traveled to Santiago.

Moon and Pinera also had one-on-one summit talks in New York last September on the sidelines of the U.N. General Assembly session.

Photo shows CEO Carlos Amin M. of Coesam Group, (an unidentified lady), Mayor Juan de Dios Paillafil Calfulen of Puerto Saavedra, Mayor Juan Carlos Reinao Marilao of Renaico, Chairman of the Board Andrónico Luksic Craig of Quiñenco S.A. pose with other guests. CEO Julia Lee of Coesam Korea is seen second from left.


President Pinera made his previous trip to Seoul in 2012 for the Nuclear Security Summit.
Seoul is among more than 50 observers to the alliance, launched in 2012, with Australia, Canada, New Zealand and Singapore serving as associate members.

On the occasion of the Moon-Pinera summit, the two sides signed a pact on defense cooperation and three MOUs meant to deepen partnerships on e-government and transportation as well as big data, 5G and artificial intelligence.

Publisher Lee displays the gift flanked by the visiting Chilcean dignitaries.

Chile is South Korea's first free trade agreement (FTA) partner. Two-way trade volume quadrupled to US$6.28 billion last year from $1.57 billion in 2003 before the FTA took effect.

Moon and Pinera also had one-on-one summit talks in New York last September on the sidelines of the U.N. General Assembly session.

Hwang Jung-ha  edt@koeapost.com

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