FM expects 'big leap' in relations with Venezuela

SEOUL, June 19 (Yonhap) -- Foreign Minister Yun Byung-se voiced hope on Wednesday that South Korea and Venezuela will make a "big leap" forward in their bilateral relations with new governments launched in both nations early this year.

Yun made the remarks during a meeting in Seoul with Venezuela's Deputy Foreign Minister David Velasquez, who is on a four-day visit to South Korea to discuss ways to expand economic exchanges and cooperation.

South Korean President Park Geun-hye took office in February and Venezuelan President Nicolas Maduro was inaugurated in April after the death of former President Hugo Chavez.

"With new governments launched in both nations, I hope bilateral relations make a big leap in the future," Yun told Velasquez during his opening remarks.

Since the establishment of their diplomatic relations in 1965, South Korea and Venezuela have worked closely together in a wide range of sectors, according to Seoul officials.

South Korean companies have increasingly made inroads into Venezuela, a resource-rich Latin American country.

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