President Moon Jae-in and Austrian Chancellor Sebastian Kurz held a summit at Cheong Wa Dae from 2:00 p.m. today. They extensively discussed a variety of issues, including recent developments on the Korean Peninsula and in the European Union, as well as measures to advance bilateral relations and substantive cooperation in trade, investment, science, technology and ICT.
President Moon welcomed Chancellor Kurz, the first Austrian prime minister to visit Korea in 19 years. The President also gave high marks to the Prime Minister’s leadership, pointing out that he is leading Austria’s progress while revitalizing politics in Europe as the world’s youngest prime minister at age 33.
The leaders lauded the fact that their countries’ bilateral trade posted an all-time high last year at US$2.9 billion despite the protectionist trend around the world. They concurred on the need to step up efforts to further expand trade based on the Korea-EU FTA.
In addition, both leaders noted a remarkable increase in economic cooperation between the two nations as evidenced by Korean businesses’ recent investment expansion in Austria, primarily in cutting-edge industries such as future automobiles. They agreed to provide active support so that increases in mutual investment could better contribute to job creation and economic growth in both countries.
President Moon proposed that Austria, which has produced a number of Nobel laureates in the basic science fields, and Korea, which has strengths in the fields of R&D and ICT, actively cooperate to jointly lead the era of the Fourth Industrial Revolution. Noting that Austria is redoubling its efforts to push informatization and ICT promotion policies, Chancellor Kurz said he hoped for close cooperation such as sharing experiences with Korea, a leading country in this area.
In reply, President Moon said, "I look forward to Korea's excellent ICT competitiveness and experiences contributing to the process of realizing your policy priority of establishing ‘Digital Austria.’ In particular, Korea is soon to launch the world's first commercial 5G service for the general public, which I believe will be of help to Austria's 5G commercialization policy.”
Explaining that a new era of peace on the Korean Peninsula is unfolding in the wake of the inter-Korean summits and North Korea-U.S. summit held last year, President Moon expressed his appreciation for Austria’s consistent support for stability and the settlement of peace on the Korean Peninsula. Chancellor Kurz praised the fact that President Moon and the Korean Government’s efforts have eased tension and brought peace on the Korean Peninsula. He also reaffirmed unwavering support for the peace process on the Peninsula.
Wishing for the success of the second North Korea-U.S. summit scheduled for February 27-28, the two leaders agreed to make concerted efforts going forward to achieve the denuclearization of North Korea and establish permanent peace on the Peninsula.
Noting that Austria has been playing a leading role in disarmament- and nonproliferation-related conventions to date, Chancellor Kurz said that nuclear weapon states need to make concessions and change their perception in order to achieve worldwide disarmament and nuclear nonproliferation. The Chancellor went on to say that Austria and Korea should cooperate on the matter with many partners in the international community.
President Moon replied that he completely agreed with the Chancellor. The President said after North Korea’s denuclearization is achieved, South Korea would be able to join Austria in its endeavor.
President Moon gave high marks to Austria making great contributions in its capacity as president of the Council of the European Union in the second half of last year. The two leaders also exchanged their views on recent developments in Europe, including Brexit.