World Bulletin/News Desk
The leaders of South Korea and China on Thursday restated their firm opposition to the nuclear ambitions of North Korea, Beijing's erstwhile ally, and to work towards concluding talks on a free trade deal by the end of the year.
The events in Seoul will be watched closely in the North, which has test-fired short-range missiles and rockets from its east coast three times in the past week and threatened on Thursday to continue doing so.
Xi and Park, appearing briefly before reporters after their talks, said they were firmly opposed to nuclear weapons on the Korean peninsula.
Xi made no mention of North Korea by name, a standard practice in Chinese diplomacy. Neither leader took questions.
"The two sides reaffirmed the position that they firmly oppose the development of nuclear weapons on the Korean peninsula," a joint statement said.
Both sides expressed support for the stalled six-party talks aimed at ending the North's nuclear progammes in return for economic and diplomatic rewards. Hosted by China, they also involve the two Koreas, Japan, Russia and the United States.
LITTLE PROGRESS IN TALKS
These sporadic talks have made little progress. They collapsed in 2008 and North Korea declared them dead. It has since reversed position and expressed willingness to return, although Seoul and Washington are reluctant to go back to the table.
The North describes the weapons it is developing its treasured sword. It periodically threatens to attack the South and its U.S. ally, interspersed with periods of apparent concessions.
But it does not want to see the collapse of the isolated state, which could unleash turmoil on its borders.
Xi has yet to meet North Korean leader Kim Jong Un, the third generation of his family to rule the country.
The two countries' trade totalled $230 billion last year and Xi was accompanied on his two-day visit by a delegation of Chinese business heavyweights.
"The two sides appreciated the progress in negotiations to reach a comprehensive free trade agreement at a high level and agreed to strengthen efforts to conclude the negotiations by the end of the year," the joint statement said.
The two leaders also agreed on a series of steps aimed at spurring offshore use of the yuan and investment in Chinese capital markets.Last Mod: 03 Temmuz 2014, 15:21