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Russian, South Korean legislators review progress in agreements’ implementation

November 30, 2013, 5:06 UTC+3 30
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SEOUL, November 30 (Itar-Tass) - Progress in the implementation of Russian-South Korean agreements on cooperation in the economy and finance, alongside the establishment of a corresponding legal framework, were on the agenda of a meeting between Russia’s State Duma delegation and deputies from South Korea’s National Assembly in Seoul on Friday.

“The dialogue with our South Korean counterparts was aimed to strengthen parliamentary contacts,” Natalia Burykina, the head of the State Duma's financial markets committee, said on Friday. “The meeting took place shortly after Russian President Vladimir Putin’s visit to Seoul, which predetermined the agenda of our talks with South Korean legislators.”

“First of all, we discussed the issues contained in the communique of Putin’s meeting with South Korea’s President Park Geun-hye and prospects for the implementation of nearly 25 agreements, signed during the president’s visit to Seoul,” Burykina said, adding she was referring primarily to the two documents on co-operation between Russia’s Gazprombank and the Russian Direct Investment Fund with South Korean partners.

“The South Korean counterparts presented a pattern of the agreements’ implementation, while we briefed them on what we do to upgrade our legislation for the same purpose,” she said.

The Russian legislators looked into how South Korea’s finance control system works and visited the central bank and the main stock exchange.

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