DAEGU < invest Korea

According to Yonhap News,

(SEOUL=Yonhap News) Argentine Vice President Gabriela Michetti will visit South Korea next week for a series of high-level meetings as the two nations seek to expand bilateral ties, the Foreign Ministry said Monday.

Michetti, who doubles as president of the Argentine National Senate, will arrive in Seoul on Sunday at the invitation of Prime Minister Hwang Kyo-ahn and stay here for three days, the ministry said in a press release.

She is scheduled to pay a courtesy call on President Park Geun-hye, hold talks with Hwang and meet with National Assembly speaker Chung Ui-hwa.

"Vice President Michetti's visit is expected to contribute to the expansion and development of practical cooperation based on the two countries' friendly ties," the ministry said.

Michetti is also scheduled to receive an honorary doctoral degree at the Catholic University of Daegu, some 300 kilometers southeast of Seoul.

Argentina is the third largest economy in Latin America after Brazil and Mexico. Last year, two-way trade between South Korea and Argentina reached US$1.75 billion, with the Asian country exporting $1.05 billion worth of cell phones, cars and other goods to the South American nation, according to official data.

Argentina, which is rich in natural resources such as copper and lithium, has adopted pro-market, pro-West policies under President Mauricio Macri, who took office in December.

hague@yna.co.kr

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