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S. Korea and Austria upgrade relations to become strategic partners Updated: 2021-06-15 09:57:24 KST

South Korea and Austria have upgraded their relations to a strategic partnership.
President Moon Jae-in and the Austrian Chancellor Sebastian Kurz agreed that the two countries are future-oriented cooperation partners and that they will enhance their cooperation in diverse sectors such as the economy, science and technology, as well as culture and arts.

"The double tax avoidance agreement signed today will increase the transparency of business activities and expand investment between the two countries."

"Two sides came to an understanding that a strategic partnership is crucial in such fields and so we have signed the double tax avoidance agreement and an agreement to practice cultural exchanges for teenagers."

Prior to his talk with Kurz, Moon had a bilateral summit with the Austrian President Alexander Van der Bellen.
Both Kurz and Van der Bellen agreed with Moon on closely cooperating to respond to climate change such as expanding ecofriendly future industrial cooperation.
In the bilateral summit between Moon and Van der Bellen, two sides agreed to combine Austria's capability in science and South Korea's industrial capabilities to achieve win-win results.
The Austrian chancellor and president also reaffirmed to President Moon their support for peace on the Korean Peninsula.
During a joint press conference after the bilateral summit between the two presidents, President Moon announced that South Korea will actively promote COVID-19 vaccine aid for North Korea if the regime agrees.

"If South Korea plays the role of a global vaccine production hub, North Korea also becomes an object of cooperation. If North Korea agrees, we will actively promote supplying North Korea with vaccines. I want to say that the U.S. is actively supporting humanitarian cooperation for North Korea."

He added that it is only when the vaccines are distributed fairly to developing and under-developed countries that the world can become free from COVID-19.
The Austrian president Van der Bellen also said that if North Korea sends a signal that they want aid for vaccines, Austria will definitely help.
Hong Yoo, Arirang News.
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