South Korea Agrees to Support East Timor's Economic Development
South Korea and East Timor have agreed to enhance cooperation for economic and social development.
South Korea and East Timor have agreed to enhance cooperation for economic and social development.
On November 6, 2026, South Korean President Lee Jae Myung and East Timorese President Jose Ramos-Horta held a significant summit at Cheong Wa Dae, marking a pivotal moment in bilateral relations.
During the meeting, both leaders agreed to strengthen development cooperation, focusing on sustainable economic and social growth in East Timor. President Lee expressed South Korea's commitment to share its development experiences to improve the lives of the East Timorese people.
The two countries plan to finalize a grant aid agreement to facilitate various development projects. They also discussed enhancing cooperation in intellectual property rights and climate change initiatives.
This summit is particularly notable as it is the first official visit by an East Timorese leader since the establishment of diplomatic relations in 2002, coinciding with the upcoming 25th anniversary of their ties.
President Lee emphasized that this visit would transform the special bond between the two nations into a forward-looking partnership, ensuring South Korea remains a steadfast ally in East Timor's journey toward progress.
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