PHL-SoKor to sign 4 deals in Duterte’s Busan trip

News Sourced

South Korean Ambassador to the Philippines Han Dong-man on Tuesday said the Philippines and South Korea are scheduled to sign several agreements during the bilateral meeting between President Rodrigo Duterte and Korean President Moon Jae-in next week.

In a Virtual Presser organized by the Presidential Communications Operations Office (PCOO) Office of Global Media Affairs, Han announced that the two countries would be signing memoranda of understanding (MOUs) on social security, educational cooperation, fisheries, and tourism.

These four agreements will be signed during Duterte’s visit to Busan to participate in the ASEAN-Korea Commemorative Summit from November 25 to 27.

“After the summit, we are envisioning to have an MOU signing, regarding the educational cooperation and the social security, and also cooperation on fisheries, as well as tourism implementation,” Han said.

The social security pact will ensure that the 70,000 Filipinos who live and work in South Korea get their social security benefits, Han said.

On the other hand, the education cooperation deal will expand Korean language facilities to more universities and provide scholarships to Filipinos who want to learn the language.

An agreement on fisheries cooperation will pave the way for a better-developed fisheries sector with help from South Korea’s modern technology.

Moreover, he said another deal on tourism implementation will also be signed to boost tourist arrivals in both countries.

Earlier, the South Korean government bared that it would support an airport project in Dumaguete City by providing USD100 million worth of funding through the Official Development Assistance (ODA). PNA.GOV.PH