- Press Releases
12th ROK-Israel Policy Consultation Takes Place
1. Director-General for African and Middle Eastern Affairs of the Ministry of Foreign Affairs Hong Jin-wook, together with Director of the Asia and Pacific Division of the Israeli Ministry of Foreign Affairs Gilad Cohen, held the 12th Republic of Korea-State of Israel policy consultation at the ROK Foreign Ministry in Seoul on November 9. In the meeting, the two senior diplomats discussed ways to boost high-level exchanges and bilateral consultations; ways to step up cooperation on startups and innovative entrepreneurship, as well as tourism and cultural exchanges; and the situations on the Korean Peninsula and in the Middle East.
2. Director-General Hong, voicing hope for more robust exchanges between high-level officials and people in various sectors of the ROK and Israel, suggested putting in high gear bilateral consultations in various sectors.
° Director Cohen, sharing the Director-General’s view on the need to increase high-level exchanges, took note of the effectiveness of channels for expert consultations, such as the policy roundtable between the two countries’ think tanks on foreign and security policies, and suggested broadening the scope of bilateral consultations to include such new areas as science and technology.
3. With regard to ROK-Israel economic cooperation, the two sides agreed to seek various ways to work together to combine Israel’s strong areas of high-tech source technology and software with the ROK’s capacity to commercialize technology and manufacturing base.
° In particular, the ROK side agreed to work more closely with Israel, a leader in innovative entrepreneurship, in boosting investment in ventures and building a venture ecosystem. The two sides agreed to mull over the possibility of expanding exchanges and cooperation between young entrepreneurs-to-be of the two countries.
° The two sides, drawing a common understanding that an ROK-Israel FTA would help to lay the institutional groundwork for closer economic cooperation between the two countries, agreed to continue efforts to expedite the conclusion of the FTA.
4. The Israeli delegation asked for the ROK government’s attention to efforts to continuously see a growth in the number of Korean tourists in Israel. The ROK side requested that the Israeli government pay keen attention to and support the work to ensure the safety of Korean travelers in Israel.
5. The two sides exchanged views on the situations on the Korean Peninsula and in the Middle East. The Israeli side expressed support for the ROK government’s efforts to achieve denuclearization and a lasting peace on the Korean Peninsula.
6. On the occasion of the policy consultation, Director Cohen met with Deputy Foreign Minister for Political Affairs Yoon Soon-gu, during which the two sides discussed ways to work together, including to promote high-level exchanges and to conclude an ROK-Israel FTA.