Georgetown, Guyana – (September 2, 2015) Korea’s non-resident Ambassador to Guyana, His Excellency, Maeng Dal Young, says during his tour of duty, a great deal of emphasis will be placed on the expansion of commerce and investment. This commitment came moments after he presented his Letters of Credence, to Head of State, David Granger, at the Ministry of the Presidency, today.

“I hope in my small way that I may contribute to the continued stimulation of such an encouraging mood in both Korea and Guyana, resulting in the realisation of a productive partnership between us,” the Ambassador said.

He added that it is his Government’s vision to develop Korea’s new cooperation projects with Guyana, since Korea is well-placed to meet the needs of the Guyanese people. “I look forward to counting on your full support for the smooth and successful fulfillment of my mission as Ambassador of the Republic of Korea to the Republic of Guyana,” the Ambassador told President Granger.

With regard to trade, investment and the environment, the Ambassador said there is increased interest in cooperation by both countries. As such he said that he is optimistic that in time, shared efforts will yield beneficial results.

Ambassador Dal Young also took the opportunity to congratulate President Granger on his appointment to office.

Meanwhile, President Granger, as he accepted the Letters of Credence, spoke the fruitful relations between the two countries, both at the bilateral and multilateral levels. “Our government, since it assumption to office, has placed increased emphasis on the advancement of economic diplomacy. We therefore welcome all opportunities, including those related to the expansion of commerce and investment,” President Granger said.

However, President Granger noted that in order to realise the expansion, it is necessary for both countries to utilise the existing 2006 Guyana-Korea Agreement; on the Promotion and Protection of investments. President Granger also applauded, the Korean Republic Government for the technical assistance offered by the Korea International Co-operation Agency, under which Guyanese have benefitted from scholarships.

“It is our hope that this area of cooperation can be strengthened, to further our mutual development in the areas of common interest,” President said. Guyana and the Republic of Korea have a long standing history of good relations, dating back to October 1962.

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