S. Korea's terms of trade snaps 4-month fall in Sept.

Park holds summit with Lithuanian president

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Published : 2014-02-18 17:13
Updated : 2014-02-18 17:14

South Korean President Park Geun-hye met with her Lithuanian counterpart Tuesday in a summit expected to focus on ways to increase trade and investment and bolster cooperation in energy and other areas between the two countries, officials said.

Lithuanian President Dalia Grybauskaite has been on a visit to South Korea to attend the naming ceremony for a Korean-built liquefied natural gas, or LNG, carrier that the Baltic country is borrowing from Norway in an effort to lessen its dependence on Russian gas.

Both Park and Grybauskaite are the first female presidents of their respective countries. Grybauskaite, who last visited Seoul in 2011 to attend the second Nuclear Security Summit, is the first foreign head of state to visit South Korea this year.

"I am aware that you have been aggressively promoting trade after becoming the first directly elected female president. I heard you've been receiving love and support from the people," Park said during the summit. "I anticipate that your visit will help further strengthen the cooperation momentum between the two countries."

Grybauskaite also offered congratulations on Park's election as South Korea's first female president, saying she remembers receiving letters from Korean girls shortly after her 2011 visit to Seoul, in which they said they want to see a woman president for their nation.

Further details of their discussions were not immediately available.

But officials said the two sides are expected to talk about ways to increase cooperation in trade and investment, energy and infrastructure, information technology, and education and culture, as well as security and global issues. (Yonhap)

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