27. Mr. R. C. Mitchellasked the Secretary of State for Foreign and Commonwealth Affairs what were the results of his discussions with the South Korean Government; and if he will make a statement.
§ Sir Alec Douglas-HomeI visited the Republic of Korea on 15th and 16th February and had talks with the President, Prime Minister and Foreign Minister. We had useful exchanges of views on the world situation with special reference to Korea and British-Korean relations. It was agreed that trade between our two countries should be fostered in various ways. Details are to be pursued through diplomatic channels. I hope that my visit has significantly strengthened the good relations between Korea and Britain.
Mr. MitchellWhat opportunities are there, in the Foreign Secretary's opinion, for increasing trade between the two countries?
§ Sir Alec Douglas-HomeI think that there will be quite a lot of opportunities. For example, last year our exports to the Republic of Korea were worth £22 million, which was nearly double the figure for 1970. The Koreans obviously wish to increase their trade with this country, and I think that there are considerable opportunities.