Will South Korea's Lee and China's Xi Discuss Denuclearisation at Summit Talks?
Synopsis
Key Takeaways
- South Korea's President Lee Jae Myung and China's President Xi Jinping are set to meet for the first time in over a decade.
- The agenda includes denuclearisation of the Korean Peninsula and regional stability.
- The summit highlights the delicate balance in Seoul's relations with both China and the US.
- Economic cooperation is a significant aspect of the discussions.
- This meeting comes amidst rising tensions between China and the US.
Gyeongju, Nov 1 (NationPress) South Korea's President Lee Jae Myung and China's President Xi Jinping are preparing for their inaugural summit discussions this Saturday, with Seoul indicating that the denuclearisation of the Korean Peninsula will be a focal point.
The two leaders are scheduled to convene on the margins of the Asia-Pacific Economic Cooperation (APEC) summit in the southeastern city of Gyeongju, which marks Xi's first visit to South Korea in 11 years.
This meeting comes as Seoul endeavors to navigate a delicate balance between enhancing relations with China, its principal trading partner and a traditional ally of North Korea, while maintaining close ties with the United States amidst escalating great-power rivalries.
South Korean presidential spokesperson Kang Yu-jung stated on Friday that the summit's agenda will encompass discussions on the denuclearisation of the Korean Peninsula, along with regional peace and stability, and economic matters impacting citizens' livelihoods.
Under his strategy of pragmatic diplomacy, Lee has committed to fostering a more balanced and progressive framework for Seoul-Beijing relations, underlining China's significance as a regional partner and its role in promoting peace and stability on the Korean Peninsula, as reported by the Yonhap news agency.
Lee is anticipated to urge Beijing to take on a constructive role in advancing peace initiatives as Seoul seeks to reduce inter-Korean tensions and revive denuclearization talks, which have been stalled since 2019.
So far, Pyongyang has dismissed Lee's dialogue overtures and has not responded to US President Donald Trump's attempts to engage North Korean leader Kim Jong-un during his visit to South Korea.
Additionally, economic collaboration is likely to be a major topic of discussion.
Tensions escalated recently after Beijing announced retaliatory actions against five US subsidiaries of Hanwha Ocean, alleging their involvement in a US investigation aimed at China's maritime and shipbuilding sectors.
This development raised alarms in Seoul, as the companies involved are expected to significantly contribute to the US's efforts to revitalize its shipbuilding industry under a trade agreement forged between Seoul and Washington.
Saturday's discussions follow Lee's meeting with Trump on Wednesday, which resulted in a trade agreement to lower US tariffs and garnered US approval for nuclear fuel for South Korea's nuclear-powered submarine project.