Foreign and Military Affairs
Chinese, S Korean presidents meet in Toronto
(Xinhua)
Updated: 2010-06-28 05:30
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TORONTO - Chinese President Hu Jintao on Sunday met South Korean President Lee Myung-bak in Toronto, Canada to discuss bilateral relations and issues of common concern.
The two leaders met on the sidelines of a summit of the Group of Twenty (G20).
Since China and South Korea set up diplomatic ties in 1992, bilateral relations have developed at a fast pace. President Hu and President Lee announced the establishment of the strategic partnership of cooperation between the two countries in May 2008 when Lee visited China.
In recent years, political mutual trust between the two Asian nations has been enhanced, and trade cooperation expanded. China is now South Korea's largest trading partner in the world, while South Korea is China's fourth largest trading partner.
Both China and South Korea are members of G20, which was established in 1999.
The other G20 members are Argentina, Australia, Brazil, Britain, Canada, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United States and the European Union.
