Rwanda and South Korea have signed two agreements, namely a memorandum of understanding (MoU) on political consultations, and a Framework Arrangement on Economic Development Cooperation Fund, the Minister of Foreign Affairs announced on Saturday, August 12.
The signing of the two agreements took place during a bilateral meeting held in Kigali between Rwanda’s Minister of Foreign Affairs, Vincent Biruta, and his counterpart, Jin Park, of South Korea.
Meanwhile, earlier — in the morning of August 12 — Park paid tribute to the victims of the 1994 Genocide against the Tutsi at the Kigali Genocide Memorial.
Rwanda and South Korea have an already established cooperation, which seeks to strengthen ties between the two countries.
For instance, in November 2020, Rwanda and Korea signed a Bilateral Air Services Agreement (BASA) which is intended to enhance connectivity between both countries and facilitate the private sectors of both countries to realise and tap into economic and social benefits, according information from the Ministry of Infrastructure.
Information from Rwanda’s Embassy in South Korea indicates that Rwanda established diplomatic relations with Republic of Korea in 1963, and the relationship grew stronger with the opening of a diplomatic bureau in November 2008 and later upgraded to an embassy in February 2009.
“We now boast economic, political, educational, tourism, investment and trade ties,” it adds.