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Pakistan–South Korea relations

Pakistan–South Korea relations refers to bilateral diplomatic relationship between Pakistan and South Korea. Since the 1980s, the relations between the two Asian states have improved and periodically enhanced. Pakistan has an embassy in Seoul, South Korea,[1][2] and South Korea has an embassy in Islamabad, Pakistan.[3][4] Pakistan is one of the few countries that has good relations with both North Korea and South Korea.

Pakistan-South Korea relations

Pakistan

South Korea

Trade links edit

Bilateral trade between the two countries is around US$1.1 billion.[5] Both sides have expressed interest to further promote the trade and investment relationship between the two countries. KOTRA (Korea Trade Centre) is playing vital role in enhancing the trade relation between Korea and Pakistan.[6]

Immigration edit

In 2005, there were up to 7,000 Pakistanis living in South Korea.[7]

Bilateral visits edit

In November 2003, Pakistani President Pervez Musharraf paid a three-day official visit to Seoul, South Korea.[8] In spite of Pakistan's friendly relationship with North Korea, Pakistan maintains a strong base in South Korea, with more trade agreements with South Korea and friendly treaty signed by both countries. Recently in 2013, South Korean PM visited Pakistan during his visit many resolutions were signed of cooperation in defense, production and economic cooperation and science and technology with a grant of $10 million to SUPARCO.

Bilateral agreements and MOUs edit

A significant boost in the bilateral cooperation has been observed in recent years. From tourism to defense, the two countries are expanding their relations. HE Mumtaz Zahra Baloch, the ambassador of Pakistan in ROK, is very keen to connect bilateral R&D sectors. Pakistan have recently joined the Global Green Growth Institute, headquartered in Seoul.[9] A Memorandum of Understanding was signed between Institute of Strategic Studies Islamabad (ISSI) and Institute of Foreign Affairs & National Security (IFANS) Seoul, South Korea.[10] In a recent bid, an agreement on Transfer of Sentenced Persons was signed between Pakistan and the Republic of Korea.[11] In a bid to boost cultural interaction between Korea and Pakistan and responding to Prime Minister of Pakistan's initiative to promote religious tourism, particularly, Buddhist tourism in the country, over 60 members' delegation of Korean Buddhist pilgrims led by Ven. Wonhaeng, President of Jogye Order of Korean Buddhism visited Pakistan.[12] Pakistan and Korea are exploring a plethora of avenues for cooperation in future, especially in Technology, trade, defense and R&D sector.

Korean companies in Pakistan edit

Federal Minister for Commerce Engineer Khurram Dastgir visited South Korea in July 2015 and discussed bilateral trade and possibility of FTA.[13][14][15]

South Korea has agreed to provide a loan of 78 million dollars for the construction of a tunnel in Malakand Pass. Feasibility report of the tunnel has been jointly prepared by National Highway Authority and South Korean consultants.[16]

30 years of Pak-Korea relations[17]

Korean companies working in Pakistan edit

National Transmission & Despatch Company Limited (NTDCL) and Korea Electric Power Company (KEPCO) have signed a consultancy contract for designing, engineering and construction supervision of 500 Kv Dasu-Islamabad transmission line in Feb-2015.[19]

Sambu Construction Co. Ltd, KEPCO initiated a BOI Mahl Hydro Power Project (500 mW) at Mahl river, District Bagh, AJK in 2005. It was run-of-the-river power generation.[22]

FOUNDATION POWER COMPANY DAHARKI LIMITED (FPCDL) entered into an agreement with KEPCO KPS Plant Services and Engineering Company Limited of South Korea for Operation and Maintenance,[23] Kicked off the Daharki Cogen Power Plant O&M in Feb. 2009.[24]

In 2008, a delegation of the consortium of KEPCO and the DOOSAN of Republic of Korea had come to Islamabad with a very attractive offer to participate in power generation projects, but government response was lukewarm. After three years, Doosan and Kepco, in consortium with other Korean investors, have renewed their offer in a meeting with Prime Minister Yousuf Raza Gilani on 21 January 2011.[25]

Korean M/s Sambu Construction Co. Ltd, Korea Midland Power Company Limited (KOMIPO) and Korea Electric Power Corporation (KEPCO) showed interest to construct Taunsa Barrage Hydropower Project (120 MW) on BOT basis with 100 percent financing of US$300 million in November 2008.[21]

In September 2002, KEPCO showed interest in Rehabilitation, Operation, Maintenance and Management (ROMM)of 150 MW Fluidized Bed Combustion coal-fired power plant Lakhra near Khanote in District Jamshoro, Sindh. No interest from Pakistan government was noticed on it.[26]

During the Sindh chief minister's visit to South Korea in 2011 an MoU to generate 2000 MW of wind energy was signed with Korea Southern Power Company.

Mira Power Limited is a special purpose company, set up to design, construct, own, operate and maintain 100 MW Gulpur hydro power plant under Government of Pakistan's Policy for Power Generation Projects 2002 as adopted in Azad Jammu & Kashmir. Mira Power Limited is a subsidiary of Korea South East Power Co. Ltd (KOSEP)[28] which is fully owned subsidiary of Korea Electric Power Corporation (KEPCO). Project shareholders are KOSEP[29] (76%), DAELIM(18%), LOTTE (6%).

Gulpur Hydropower Project: On 15 Oct 2015, Mira Power started construction of 102 MW Gulpur Hydropower project at Kotli, Azad and Jammu Kashmir.[30]

Kotli Hydropower Project, Kotli District, Poonch River, AJK. In May, 2015, Asian Development Bank (ADB) said it will provide US$65 Million loan to Mira Power Limited, a South Korean Company, for build and operation.[31] Projected completion was in March 2019.

  • Hyundai and Kia Motors
  • Samsung
  • LG
  • Lotte Group
  • Sambu Construction Co. Ltd

Star Hydropower Limited (SHPL) and Sambu Construction Co. Korea initiated a Patring Hydropower Project (150MW) in 2005 at Patrind, AJK. The scope of project was diversion of Kunhar river water (KPK) to fall from height through a tunnel for power generation at AJK side. Its estimated cost was US$360 million with 25% equity and financing from IFC, Korean Exim Bank and IDB.

  • POSCO
  • CK Solar
  • K-Water – K-water (Public Sector Entity) and Sambu Construction Co., South Korea initiated a project in 2008 to construct a water supply line 200 million gallons/day from Tarbella to Islamabad & Rawalpindi with estimated cost of US$800 million.
  • Doosan
  • KORAIL
  • Doekjae
  • Shangyong
  • Wisdom
  • STX
  • Deokjae Construction
  • Sambo Engineering
  • Korea Construction Institute of Plant (KCIP)
  • SM Entertainment Pakistan
  • JYP Entertainment Pakistan
  • Cube Entertainment Pakistan

Korean Companies Looking for Opportunities edit

  • Port Investment Co-operation Division[32]
  • IL JIN International Co Ltd.[32]
  • SEIL Engineering Company.[32]
  • GIA Company.[32]
  • Madina Trading Co Ltd..[32]
  • Korea Ports and Harbours Association.[32]
  • KEPCO (Nuclear).[33]

Overall Pakistan has supported a reunification of Korea.

Software Technology Park in Islamabad edit

An agreement was signed in Islamabad on 21 March 2017, between Ministry of Information Technology and Korea Exim Bank for ten billion rupee loan agreement for Pakistan first state-of-the-art information technology park.[34][35]

Role of the PKCC edit

Pak-Korea Culture Collaboration (PKCC) Is a group of Karachi-based young Pakistanis, seeking to enhance the cultural relations of Pakistan and the ROK. The youth have been greatly successful in their mission, collaborating with the Korean consulate in Karachi on several occasions to hold festivals and events. Bringing the two asian nations together culturally and bilaterally.

References edit

  1. ^ Kumar, Sanjay (2022-02-08). "Pakistan embassy holds exhibition on journey through Pakistan". The Korea Herald. Retrieved 2022-04-08.
  2. ^ "Contact Us | Embassy of Pakistan, Republic of Korea". Retrieved 2022-04-08.
  3. ^ Reporter, The Newspaper's Staff (2022-02-09). "Korean embassy taking steps to resolve students' visa issue". DAWN.COM. Retrieved 2022-04-08.
  4. ^ "Location/ContactEmbassy of the Republic of Korea to the Islamic Republic of Pakistan". overseas.mofa.go.kr. Retrieved 2022-04-08.
  5. ^ The Korea Herald (2010-03-29). "Friendship with Korea marks Pakistan national day". Retrieved 29 April 2016.
  6. ^ . 2012-10-22. Archived from the original on 22 October 2012. Retrieved 2022-04-08.
  7. ^ (PDF). Archived from the original (PDF) on 2010-05-24.
  8. ^ . 2004-11-20. Archived from the original on 20 November 2004. Retrieved 2022-04-08.
  9. ^ "Pakistan joins the Global Growth Institute". Retrieved 2021-12-02.
  10. ^ "Memorandum of Understanding between Institute of Strategic Studies Islamabad (ISSI) and Institute of Foreign Affairs & National Security (IFANS) Seoul, South Korea". Retrieved 2021-12-02.
  11. ^ "Agreement on Transfer of Sentenced Persons signed between Pakistan and the Republic of Korea". Retrieved 2021-12-02.
  12. ^ "Korean Buddhist Pilgrims visited Pakistan 상세보기|Bilateral RelationsEmbassy of the Republic of Korea to the Islamic Republic of Pakistan". overseas.mofa.go.kr. Retrieved 2021-12-02.
  13. ^ "Dastgir departs for South Korea to boost bilateral trade". Retrieved 29 April 2016.
  14. ^ "Pakistan, S Korea likely to work on FTA". 2015-07-07. Retrieved 29 April 2016.
  15. ^ Business Recorder (2015-07-16). "BoI organises business, trade investment forum in South Korea". Business Recorder. Retrieved 29 April 2016. {{cite web}}: |author= has generic name (help)
  16. ^ "S Korea to provide $ 78 million loan for Malakand Tunnel". Daily Pakistan Global. Retrieved 29 April 2016.
  17. ^ "30 years of Pak-Korea relations". Retrieved 29 April 2016.
  18. ^ "- KEPCO MAIN | KEPCO -". home.kepco.co.kr.
  19. ^ a b "Korean firm gets consultancy contract of 500kv Dasu transmission line". The Nation. 14 February 2015. Retrieved 29 April 2016.
  20. ^ Mati ur Rehman. "KEPCO, NTDC sign deal to build 500KV Dasu-Islamabad transmission line". Customs Today Newspaper. Retrieved 29 April 2016.
  21. ^ a b . Archived from the original on 2015-09-23. Retrieved 2015-08-03.
  22. ^ Kiani, Khaleeq (2009-12-21). "Bureaucracy stalls $800m hydel project". DAWN.COM. Retrieved 2022-04-08.
  23. ^ "FPCDL". Retrieved 29 April 2016.
  24. ^ . Archived from the original on 2014-08-05. Retrieved 2015-08-03.
  25. ^ Business Recorder. "Developing Thar coalfields for power generation". Business Recorder. Retrieved 29 April 2016. {{cite web}}: |author= has generic name (help)
  26. ^ ceo@cybercity-online.net, Zahid Ikram...Webmasrer & CEO of CCOL. "AHMED JAFFER & COMPANY (PVT) LTD. (AJCL), Karachi - Hot & Popular Products / Services By Yellow Pages of Pakistan". www.findpk.com.
  27. ^ "Welcome to Mira Power Limited Website".
  28. ^ . August 13, 2015. Archived from the original on August 13, 2015.
  29. ^ . July 12, 2009. Archived from the original on July 12, 2009.
  30. ^ "ePaper - DAWN.COM". epaper.dawn.com.
  31. ^ "Addressing shortages: ADB promises $65m for hydroelectric power project". The Express Tribune. 19 May 2015. Retrieved 29 April 2016.
  32. ^ a b c d e f "South Korea interested in Pakistan's port infrastructure". The News International. 31 July 2015. Retrieved 3 August 2015.
  33. ^ (PDF). Archived from the original (PDF) on 4 March 2016. Retrieved 2022-04-08.
  34. ^ Reporter, The Newspaper's Staff (2017-03-22). "South Korean bank agrees to give $76m for IT park". DAWN.COM. Retrieved 2022-04-08.
  35. ^ "Pakistan, South Korea sign Rs10b loan agreement for IT Park in Islamabad". Latest News - The Nation. Retrieved 2022-04-08.

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Pakistan South Korea relations refers to bilateral diplomatic relationship between Pakistan and South Korea Since the 1980s the relations between the two Asian states have improved and periodically enhanced Pakistan has an embassy in Seoul South Korea 1 2 and South Korea has an embassy in Islamabad Pakistan 3 4 Pakistan is one of the few countries that has good relations with both North Korea and South Korea Pakistan South Korea relationsPakistan South Korea Contents 1 Trade links 2 Immigration 3 Bilateral visits 4 Bilateral agreements and MOUs 5 Korean companies in Pakistan 5 1 Korean companies working in Pakistan 5 2 Korean Companies Looking for Opportunities 6 Software Technology Park in Islamabad 7 Role of the PKCC 8 ReferencesTrade links editBilateral trade between the two countries is around US 1 1 billion 5 Both sides have expressed interest to further promote the trade and investment relationship between the two countries KOTRA Korea Trade Centre is playing vital role in enhancing the trade relation between Korea and Pakistan 6 Immigration editMain article Pakistanis in South Korea In 2005 there were up to 7 000 Pakistanis living in South Korea 7 Bilateral visits editIn November 2003 Pakistani President Pervez Musharraf paid a three day official visit to Seoul South Korea 8 In spite of Pakistan s friendly relationship with North Korea Pakistan maintains a strong base in South Korea with more trade agreements with South Korea and friendly treaty signed by both countries Recently in 2013 South Korean PM visited Pakistan during his visit many resolutions were signed of cooperation in defense production and economic cooperation and science and technology with a grant of 10 million to SUPARCO Bilateral agreements and MOUs editA significant boost in the bilateral cooperation has been observed in recent years From tourism to defense the two countries are expanding their relations HE Mumtaz Zahra Baloch the ambassador of Pakistan in ROK is very keen to connect bilateral R amp D sectors Pakistan have recently joined the Global Green Growth Institute headquartered in Seoul 9 A Memorandum of Understanding was signed between Institute of Strategic Studies Islamabad ISSI and Institute of Foreign Affairs amp National Security IFANS Seoul South Korea 10 In a recent bid an agreement on Transfer of Sentenced Persons was signed between Pakistan and the Republic of Korea 11 In a bid to boost cultural interaction between Korea and Pakistan and responding to Prime Minister of Pakistan s initiative to promote religious tourism particularly Buddhist tourism in the country over 60 members delegation of Korean Buddhist pilgrims led by Ven Wonhaeng President of Jogye Order of Korean Buddhism visited Pakistan 12 Pakistan and Korea are exploring a plethora of avenues for cooperation in future especially in Technology trade defense and R amp D sector Korean companies in Pakistan editFederal Minister for Commerce Engineer Khurram Dastgir visited South Korea in July 2015 and discussed bilateral trade and possibility of FTA 13 14 15 South Korea has agreed to provide a loan of 78 million dollars for the construction of a tunnel in Malakand Pass Feasibility report of the tunnel has been jointly prepared by National Highway Authority and South Korean consultants 16 30 years of Pak Korea relations 17 Korean companies working in Pakistan edit DAEWOO KEPCO Electric 18 19 20 21 National Transmission amp Despatch Company Limited NTDCL and Korea Electric Power Company KEPCO have signed a consultancy contract for designing engineering and construction supervision of 500 Kv Dasu Islamabad transmission line in Feb 2015 19 Sambu Construction Co Ltd KEPCO initiated a BOI Mahl Hydro Power Project 500 mW at Mahl river District Bagh AJK in 2005 It was run of the river power generation 22 FOUNDATION POWER COMPANY DAHARKI LIMITED FPCDL entered into an agreement with KEPCO KPS Plant Services and Engineering Company Limited of South Korea for Operation and Maintenance 23 Kicked off the Daharki Cogen Power Plant O amp M in Feb 2009 24 In 2008 a delegation of the consortium of KEPCO and the DOOSAN of Republic of Korea had come to Islamabad with a very attractive offer to participate in power generation projects but government response was lukewarm After three years Doosan and Kepco in consortium with other Korean investors have renewed their offer in a meeting with Prime Minister Yousuf Raza Gilani on 21 January 2011 25 Korean M s Sambu Construction Co Ltd Korea Midland Power Company Limited KOMIPO and Korea Electric Power Corporation KEPCO showed interest to construct Taunsa Barrage Hydropower Project 120 MW on BOT basis with 100 percent financing of US 300 million in November 2008 21 In September 2002 KEPCO showed interest in Rehabilitation Operation Maintenance and Management ROMM of 150 MW Fluidized Bed Combustion coal fired power plant Lakhra near Khanote in District Jamshoro Sindh No interest from Pakistan government was noticed on it 26 During the Sindh chief minister s visit to South Korea in 2011 an MoU to generate 2000 MW of wind energy was signed with Korea Southern Power Company Mira Power 27 Mira Power Limited is a special purpose company set up to design construct own operate and maintain 100 MW Gulpur hydro power plant under Government of Pakistan s Policy for Power Generation Projects 2002 as adopted in Azad Jammu amp Kashmir Mira Power Limited is a subsidiary of Korea South East Power Co Ltd KOSEP 28 which is fully owned subsidiary of Korea Electric Power Corporation KEPCO Project shareholders are KOSEP 29 76 DAELIM 18 LOTTE 6 Gulpur Hydropower Project On 15 Oct 2015 Mira Power started construction of 102 MW Gulpur Hydropower project at Kotli Azad and Jammu Kashmir 30 Kotli Hydropower Project Kotli District Poonch River AJK In May 2015 Asian Development Bank ADB said it will provide US 65 Million loan to Mira Power Limited a South Korean Company for build and operation 31 Projected completion was in March 2019 Hyundai and Kia Motors Samsung LG Lotte Group Sambu Construction Co LtdStar Hydropower Limited SHPL and Sambu Construction Co Korea initiated a Patring Hydropower Project 150MW in 2005 at Patrind AJK The scope of project was diversion of Kunhar river water KPK to fall from height through a tunnel for power generation at AJK side Its estimated cost was US 360 million with 25 equity and financing from IFC Korean Exim Bank and IDB POSCO CK Solar K Water K water Public Sector Entity and Sambu Construction Co South Korea initiated a project in 2008 to construct a water supply line 200 million gallons day from Tarbella to Islamabad amp Rawalpindi with estimated cost of US 800 million Doosan KORAIL Doekjae Shangyong Wisdom STX Deokjae Construction Sambo Engineering Korea Construction Institute of Plant KCIP SM Entertainment Pakistan JYP Entertainment Pakistan Cube Entertainment PakistanKorean Companies Looking for Opportunities edit Port Investment Co operation Division 32 IL JIN International Co Ltd 32 SEIL Engineering Company 32 GIA Company 32 Madina Trading Co Ltd 32 Korea Ports and Harbours Association 32 KEPCO Nuclear 33 Overall Pakistan has supported a reunification of Korea Software Technology Park in Islamabad editAn agreement was signed in Islamabad on 21 March 2017 between Ministry of Information Technology and Korea Exim Bank for ten billion rupee loan agreement for Pakistan first state of the art information technology park 34 35 Role of the PKCC editPak Korea Culture Collaboration PKCC Is a group of Karachi based young Pakistanis seeking to enhance the cultural relations of Pakistan and the ROK The youth have been greatly successful in their mission collaborating with the Korean consulate in Karachi on several occasions to hold festivals and events Bringing the two asian nations together culturally and bilaterally References edit Kumar Sanjay 2022 02 08 Pakistan embassy holds exhibition on journey through Pakistan The Korea Herald Retrieved 2022 04 08 Contact Us Embassy of Pakistan Republic of Korea Retrieved 2022 04 08 Reporter The Newspaper s Staff 2022 02 09 Korean embassy taking steps to resolve students visa issue DAWN COM Retrieved 2022 04 08 Location ContactEmbassy of the Republic of Korea to the Islamic Republic of Pakistan overseas mofa go kr Retrieved 2022 04 08 The Korea Herald 2010 03 29 Friendship with Korea marks Pakistan national day Retrieved 29 April 2016 Daily Times Leading News Resource of Pakistan 2012 10 22 Archived from the original on 22 October 2012 Retrieved 2022 04 08 Yearbook 2004 05 Government of Pakistan Ministry of Labour Manpower amp Overseas Pakistanis Overseas Pakistanis Division Islamabad PDF Archived from the original PDF on 2010 05 24 Daily Times Site Edition 2004 11 20 Archived from the original on 20 November 2004 Retrieved 2022 04 08 Pakistan joins the Global Growth Institute Retrieved 2021 12 02 Memorandum of Understanding between Institute of Strategic Studies Islamabad ISSI and Institute of Foreign Affairs amp National Security IFANS Seoul South Korea Retrieved 2021 12 02 Agreement on Transfer of Sentenced Persons signed between Pakistan and the Republic of Korea Retrieved 2021 12 02 Korean Buddhist Pilgrims visited Pakistan 상세보기 Bilateral RelationsEmbassy of the Republic of Korea to the Islamic Republic of Pakistan overseas mofa go kr Retrieved 2021 12 02 Dastgir departs for South Korea to boost bilateral trade Retrieved 29 April 2016 Pakistan S Korea likely to work on FTA 2015 07 07 Retrieved 29 April 2016 Business Recorder 2015 07 16 BoI organises business trade investment forum in South Korea Business Recorder Retrieved 29 April 2016 a href Template Cite web html title Template Cite web cite web a author has generic name help S Korea to provide 78 million loan for Malakand Tunnel Daily Pakistan Global Retrieved 29 April 2016 30 years of Pak Korea relations Retrieved 29 April 2016 KEPCO MAIN KEPCO home kepco co kr a b Korean firm gets consultancy contract of 500kv Dasu transmission line The Nation 14 February 2015 Retrieved 29 April 2016 Mati ur Rehman KEPCO NTDC sign deal to build 500KV Dasu Islamabad transmission line Customs Today Newspaper Retrieved 29 April 2016 a b Korean companies interested to construct Taunsa Barrage Hydropower Project Archived from the original on 2015 09 23 Retrieved 2015 08 03 Kiani Khaleeq 2009 12 21 Bureaucracy stalls 800m hydel project DAWN COM Retrieved 2022 04 08 FPCDL Retrieved 29 April 2016 KPS한전 KPS주식회사 Archived from the original on 2014 08 05 Retrieved 2015 08 03 Business Recorder Developing Thar coalfields for power generation Business Recorder Retrieved 29 April 2016 a href Template Cite web html title Template Cite web cite web a author has generic name help ceo cybercity online net Zahid Ikram Webmasrer amp CEO of CCOL AHMED JAFFER amp COMPANY PVT LTD AJCL Karachi Hot amp Popular Products Services By Yellow Pages of Pakistan www findpk com Welcome to Mira Power Limited Website 한국남동발전 주 August 13 2015 Archived from the original on August 13 2015 한국남동발전 July 12 2009 Archived from the original on July 12 2009 ePaper DAWN COM epaper dawn com Addressing shortages ADB promises 65m for hydroelectric power project The Express Tribune 19 May 2015 Retrieved 29 April 2016 a b c d e f South Korea interested in Pakistan s port infrastructure The News International 31 July 2015 Retrieved 3 August 2015 Wayback Machine PDF Archived from the original PDF on 4 March 2016 Retrieved 2022 04 08 Reporter The Newspaper s Staff 2017 03 22 South Korean bank agrees to give 76m for IT park DAWN COM Retrieved 2022 04 08 Pakistan South Korea sign Rs10b loan agreement for IT Park in Islamabad Latest News The Nation Retrieved 2022 04 08 Retrieved from https en wikipedia org w index php title Pakistan South Korea relations amp oldid 1187326800, wikipedia, wiki, book, books, library,

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