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Following the talks, the heads of state witnessed the signing of a package of documents on cooperation in a variety of areas, in particular, industry, healthcare and fisheries.

Mr Putin and Ms Park made statements for the press following their talks.

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President of Russia Vladimir Putin: Ms President, colleagues, let me once again thank you for accepting our invitation to come to the Eastern Economic Forum in Vladivostok. Thank you very much for your speech and for taking part in the discussions.

Let me start our discussion today by saying how highly we value the cooperation between our countries. The Republic of Korea is one of our priority partners in the Asia-Pacific region.

We have wide-ranging economic ties in areas from energy, household appliances and electronics to machine-building, chemicals and agriculture. We have some very promising big projects.

I am very pleased to have this chance to meet with you and maintain our contacts at the top level, because we see how our relations are developing through intergovernmental channels and on the parliamentary plain as well. We most certainly support your initiative to hold the Year of Korean Culture in Russia.

Once again, welcome.

President of the Republic of Korea Park Geun-hye (retranslated): I would like to thank you once again for inviting me as the main guest at the Eastern Economic Forum.

I think that today’s forum saw an active exchange of views and can provide a good, solid basis for intensifying cooperation in the Far East region, not to mention developing our bilateral relations.

Russian-Korean relations have undergone some big changes over the years, but our relations have not lost their value and significance. Close contact and communication is essential if we want to maintain and develop our relations.

I recall several meetings with you, meetings that took place in a candid, open spirit. I would like to continue our conversation today in order to outline the directions for our future joint efforts and the search for opportunities for strengthening our diplomatic cooperation.

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