Speaker Park Byeong-seok's All-Out Diplomatic Effort to Secure Resources on the International Stage

[Image source=Yonhap News]

[Asia Economy Reporter Naju-seok] National Assembly Speaker Park Byeong-seok attended the International Parliamentary Union (IPU) General Assembly and conducted diplomacy to secure urea supply.

According to the Speaker's office on the 28th, Park, who is visiting Spain to attend the IPU General Assembly, met with Khalid Al-Mawali, Speaker of the Oman House of Representatives, one of the world's top three urea exporting countries. At the meeting, Park said, "Korea temporarily experienced issues with urea supply. I hope for cooperation from Oman." In response, Speaker Khalid replied, "We will support the establishment of cooperative relationships between companies of the two countries by providing information about urea factories," affirming Park's proposal.

Additionally, Speaker Park and Khalid discussed expanding economic cooperation between the two countries. Park introduced, "I understand that Oman is moving away from growth solely dependent on the oil industry and is pursuing industrial diversification policies. If our Korean companies share their economic development experience, it could be a win-win." Khalid responded, "We are currently promoting 500 projects, and there are many areas where we can cooperate with not only the Korean government but also companies."

Earlier, on the 26th, Park also requested 'urea cooperation' during a meeting with Al-Fawziya bint Abdullah Zainal, Speaker of the Bahrain House of Representatives.

Meanwhile, after concluding talks with Speaker Khalid, Speaker Park delivered a speech at the IPU General Assembly plenary session held under the theme "The Timely Challenge of Democracy: Overcoming Division and Building Community."