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South Korea | Brussels, 18 May 2009

President Barroso, Commissioner Ferrero-Waldner and Commissioner Ashton to attend EU-Korea summit in Seoul on 23 May

European Commission President José Manuel Barroso will attend the 4th EU-Korea summit, which will be hosted by President Lee Myung-bak in Seoul on Saturday 23 May. Benita Ferrero-Waldner, European Commissioner for External Relations and European Neighbourhood Policy, and Catherine Ashton, European Commissioner for Trade, will also participate in the summit.

Summit leaders will review the progress which has been achieved in negotiations for an ambitious Free Trade Agreement and on updating the existing EU-Korea Framework Agreement. Taken together, these agreements will form the basis for upgrading relations with a like-minded and increasingly important Asian partner. Summit Leaders will also discuss the security situation on the Korean Peninsula as well as deepening cooperation on global issues such as climate change, the global economic situation and the WTO/DDA talks. Commissioner Ferrero-Waldner will sign an important sectoral agreement with Korea in the field of competition policy.

This will be the first free-standing EU-Korea summit (previous summits have taken place in the margins of the biennial ASEM summits, most recently in Helsinki in September 2006).