Moon, Xi to hold bilateral summit, normalize ties soured by THAAD

Posted November 13, 2017

During Saturday's summit, Moon and Xi also agreed to quickly normalise bilateral exchanges in all sectors, reiterating an agreement announced last month to end a year-long standoff over the deployment of a United States anti-missile system.

The summit was initially scheduled for 30 minutes but lasted 43 minutes.

To this end, the two countries agreed to strengthen their strategic dialogue.

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Xi was quoted as saying it would be "new beginnings and a good start". "Let us both work hard to recover lost time".

South Korea and Indonesia reached a series of business cooperation agreements Thursday (Nov 9) that could be worth nearly US$2 billion if finalised, South Korea's Yonhap news agency reported.

According to the sources, visitors entering through the Yangyang International Airport will be allowed free entry into the host city of 2018 Winter Olympics- Pyeongchang. Xi reportedly said he would try to visit, and that in case he is unable to attend he will send a high-level delegation instead.

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China, he said, is willing to continue communication with South Korea on maintaining stability, promoting peace talks, and preventing war on the peninsula.

The Chinese Foreign Ministry said in a statement afterward that Xi reiterated China's position on Thaad and that Moon said that he recognized China's concerns and that Korea has no intention of harming its security interests. "I totally feel the same way", Abe told reporters.

Indonesian President Joko Widodo (R) and South Korean President Moon Jae-in attend a joint press conference in Bogor, Indonesia on November 9, 2017. The two leaders met on the sidelines of the two-day Asia-Pacific Economic Cooperation forum summit that began the previous day.

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