S. Korean president to visit RP

S. Korean president to visit RP

PHILIPPINES: South Korean President Roh Moo-Hyun was to visit the Philippines next week to further boost ties between the two countries, a foreign department statement said on Saturday.

During his visit from Dec. 14 through Dec. 16, Roh will witness the signing of several agreements and business deals between Seoul and Manila. He will also address the Philippine Chamber of Commerce and Industry.

"President Roh's visit would be an opportunity for both countries to further strengthen their political and economic ties," the foreign department statement said.

South Korea is the ninth largest trading partner of the Philippines, accounting for 36.5 percent of foreign direct investments in 2005. -- DPA