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Gillard talks up trade ties in Seoul

Saturday, April 23, 2011

Prime Minister Julia Gillard has arrived in Seoul and immediately delivered a speech highlighting the significance of Australia's relationship with South Korea.
The countries are celebrating 50 years of diplomatic relations this year.
"I do want to assure you we see this relationship as 50 years young rather than 50 years old," Ms Gillard said.
She told the Korea International Trade Association dinner in Seoul that she is confident the two nations can strike a free trade deal.
Officials say it could be wrapped up by the end of this year.
"This is a partnership full of promise and potential," Ms Gillard said.
The Prime Minister told attendees the Australian government would commit $10 million towards an environmental program.
The money will go to the Global Green Growth Institute, which South Korea established last year to support the development of environmentally friendly growth strategies in developing countries.
The announcement was met with applause.

"We look forward to joining the institute as a core partner and being represented on its board of directors," Ms Gillard said.

She said Australia was also a partner with Korea on regional security, singling out the threat posed by North Korea

"Australia remains committed to the denuclearisation of the Korean peninsula," she said
Ms Gillard will today mark the anniversary of the Battle of Kapyong.

The so-called 'forgotten battle of the forgotten war', which ended 60 years ago today, claimed 32 Australian lives.

"The outcome of this battle helped stop the Chinese spring offensive and proved crucial in preventing a Chinese breakthrough here, towards Seoul," Ms Gillard said.
It is considered one of the decisive battles of the three-year Korean War.
The prime minister will join a special commemorative event this morning involving 36 veterans and family members.
Seventeen thousand Australian troops served in Korea as part of the UN multi-national force and 340 Australian soldiers were killed.
"I will honour their memory and their sacrifice," Ms Gillard said.

The Prime Minister will host a special dinner for the veterans tonight, before holding talks with South Korean president Lee Myung-bak tomorrow.

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