Sun, May 30, 2010
China > China & World

China, S Korea, Japan wind up tripartite summit

2010-05-30 09:28:27 GMT2010-05-30 17:28:27 (Beijing Time)  Xinhua English

Chinese Premier Wen Jiabao (R), South Korean President Lee Myung-bak (C) and Japanese Prime Minister Yukio Hatoyama attend signing ceremony to set up a permanent secretariat for cooperation among the three nations following the third trilateral summit in South Korea's southern resort island of Jeju on May 30, 2010. (Xinhua/Pang Xinglei)

JEJU, South Korea, May 30 (Xinhua) -- China, South Korea and Japan wound up their 2010 tripartite summit on Sunday after having agreed on plans to further promote cooperation among the three nations.

Chinese Premier Wen Jiabao, South Korean President Lee Myung-bak and Japanese Prime Minister Yukio Hatoyama agreed to form a permanent secretariat to be tasked with facilitating tripartite cooperation.

The secretariat will be set up in 2011 and will be based in South Korea.

The three leaders also reached consensus on such issues as deepening mutual understanding and trust, and expanding cooperation in trade, investment, finance, environmental protection and circular economy.

They also exchanged views on the sinking of the South Korean corvette Cheonan in March.

The three leaders offered condolences over the death of the sailors killed in the sinking of the South Korean warship. The Chinese and Japanese leaders said they attach importance to the joint investigation by South Korea and some other countries into the incident, and have taken note of the responses from concerned parties.

The three nations promised to maintain communication and properly handle the incident in the interest of regional peace and stability.

The South Korean president and Japanese prime minister made it clear that the interests of the three countries have become more interwoven, exchanges between them more frequent than ever before and the three nations share ever greater responsibility.

Lee and Hatoyama said increased cooperation between the three countries will not only benefit their own peoples but will also promote peace, stability and prosperity in the region and the world at large.

The three leaders agreed that a nuclear-free Korean Peninsula would be conducive to achieving lasting peace, security and economic prosperity in Northeastern Asia.

The three pledged to continue to work together through the six-party talks toward the materialization of the goals, set forth by the joint declaration of the six-party talks on Sept. 19, 2005.

The summit set 2012 as a target date for wrapping up a joint feasibility study on the proposed Free Trade Area among the three countries.

China, South Korea and Japan agreed to speed up the negotiations on mutual investments and called for efforts to raise the level of financial cooperation in Asia.

The three countries said they oppose any form of trade protectionism and are committed to promoting strong, balanced and sustained global economic growth through the frameworks of the Group of 20, ASEAN X Plus III and APEC.

Next year's summit of leaders of the three nations will be held in Japan.

The inaugural tripartite meeting between China, South Korea and Japan was held in December 2008.

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