Wednesday, November 22, 2006

President Roh returns home after visit to Vietnam, Cambodia

SEOUL, Nov. 22 (Yonhap) -- President Roh Moo-hyun returned home Wednesday after winding up a weeklong trip to Vietnam and Cambodia, Roh's office said.

In Vietnam, Roh held a string of bilateral summits with his counterparts from the U.S., China, Japan, Russia and Canada and attended the 14th annual APEC summit to discuss global trade issues and the North Korean nuclear issue.

On Saturday, Roh, U.S. President George W. Bush and Japanese Prime Minister Shinzo Abe held the first three-way summit between their countries in four years and reconfirmed their close cooperation for regional peace and stability and the settlement of the North Korean nuclear problem.

During Roh's one-on-one talks with Bush on Saturday morning, in particular, Washington's intention to replace a cease-fire on the Korean Peninsula with a peace treaty was reportedly discussed.

Bush was quoted as stating that the U.S. was willing to declare a formal end to the 1950-53 Korean War and establish a peace treaty, if North Korea abandons its nuclear weapons program.

In Phnom Penh, South Korea and Cambodia on Monday signed agreements on the provision of soft loans, visa waivers for diplomats and government officials and labor exchanges.

The Cabinet ministers for Roh and Cambodian Prime Minister Hun Sen signed an Economic Development Cooperation Fund (EDCF) arrangement binding the South Korean government to disburse US$31 million in EDCF money to help finance the Southeast Asian country's construction of an administrative electronic network.

Roh also promised to extend $37 million in fresh EDCF loans next year to help upgrade a national road linking Phnom Penh and Kampot.

On Tuesday, Roh attended the opening ceremony for the "Angkor-Gyeongju World Culture Expo 2006" at the world-famous Angkor Wat temple complex in Cambodia. The expo showcases the confluence of Angkor Wat historic sites and radiant cultural assets from the ancient Korean dynasty of Silla.

ycm@yna.co.kr

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