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President Recep Tayyip Erdogan met senior executives from major South Korean technology, automotive, biotechnology, chemical and energy companies in Seoul during an official visit that also produced new agreements on energy, mining, technology and investment cooperation.
Erdogan held meetings with executives from Samsung Electronics, LG Electronics, Hyundai Motor Group, Celltrion, SK Chemicals, SK Plasma, Chemtronics Wits and Korea Electric Power Corp., or KEPCO, at the hotel where he was staying.
The meetings were closed to the press.
Erdogan met Samsung Electronics CEO Roh Tae-moon, LG Electronics CEO Lyu Jae-cheol and Hyundai Motor Group CEO Chung Euisun, along with their delegations.
He also received Celltrion CEO Seo Jin-seok, SK Chemicals and SK Plasma CEO Jaehyun Ahn, Chemtronics Wits Chairman Kim Bokyun and KEPCO Vice President and Head of Global New Business Chan-hyuk Chun.
Energy and Natural Resources Minister Alparslan Bayraktar, Industry and Technology Minister Mehmet Fatih Kacir, AK Party Deputy Chair Halit Yerebakan, Presidential Investment and Finance Office President Ahmet Burak Daglioglu, Senior Foreign Policy and Security Adviser Akif Cagatay Kilic and Presidential Senior Adviser Zafer Cubukcu attended various meetings.
Türkiye and South Korea also signed three memorandums aimed at strengthening energy supply security, accelerating technology transfer and increasing value-added production in the mining sector.
Türkiye's Energy and Natural Resources Ministry said the agreements were intended to bring Türkiye's engineering, technology and industrial expertise into joint projects.
A separate memorandum on investment promotion cooperation was signed between Türkiye's Presidential Investment and Finance Office and the Korea Trade-Investment Promotion Agency, or KOTRA.
Daglioglu and KOTRA President and CEO Kang Kyung-sung signed the agreement in Seoul.
Erdogan also held one-on-one and delegation-level talks with South Korean President Lee Jae Myung at the Presidential Palace.
Speaking at a joint news conference afterward, Erdogan said he was pleased to visit South Korea, which he described as a strategic partner and close friend, for the first time in eight years.
“We discussed steps to advance our cooperation in many areas in a dynamic and future-oriented manner,” Erdogan said.
He said economic and trade relations were among the main topics, with both sides discussing ways to increase bilateral trade from more than $11 billion last year to the previously set target of $15 billion in a balanced and sustainable manner.
Following his official program in Seoul, Erdogan and first lady Emine Erdogan departed for Istanbul from Seoul Seongnam Air Base.
They were seen off by South Korean Vice Foreign Minister Jeong Yeondoo and Türkiye's Ambassador to Seoul, Fatih Yildiz.
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