Economic and political relations
Leaders expressed their satisfaction with the progress the strategic partnership has made since 2010. The Republic Of Korea (ROK) is the EU’s first and only partner that has signed all the three fundamental bilateral agreements.
The cooperation between the EU and the Republic of Korea is going beyond trade and investment, both partners also working together in the political and security spheres. President Tusk especially welcomed ROK’s intention to take part to the counter-piracy operations off the Horn of Africa.
Both sides also confirmed their interest to pursue the full implementation of the Free Trade Agreement, and in encouraging mutual opportunities for investment.
The summit was also the occasion to agree on new joint projects between Korean and European institutions on research and innovation, such as the development of next generation mobile telecommunications networks (5G)
Regional and foreign policy issues
Recent developments in the EU’s and ROK’s respective neighbourhoods were on the agenda, especially the situation in Ukraine, East Asia and in the Korean Peninsula.
The EU welcomed the recent settlement of the crisis with the Democratic People’s Republic of Korea (DPRK), and reaffirmed its support to a peaceful reunification of the Korean Peninsula.
Leaders also discussed the security situation in East Asia and highlighted the need for regional cooperation to be strengthened. President Tusk welcomed the organisation of a trilateral summit between Korea, China and Japan.
Bilateral and multilateral cooperation on terrorism, climate and development issues were also discussed.
EU and ROK agreed to aim for a fair and ambitious deal at the international climate conference in Paris in December 2015. They are also looking forward to a successful adoption of the 2030 Agenda for Sustainable Development.