South Korean Ambassador Kwak Sung-Kyu on Friday assured the Azad Jammu & Kashmir (AJK) president that he would continue Korean investment in AJK, especially in the power sector.
He specifically mentioned the hydropower projects of Patrind and New Bong which have already been completed, and Gulpur hydropower project which was being constructed. In addition, one was being planned at Athmuqam, the Ambassaor expressed these views during a meeting with President S Korea to Pakistan.
President Masood Khan thanked the South Korean Ambassador for the investment of his country’s enterprises in Azad Kashmir and thus contributing to Azad Kashmir’s energy infrastructure development. He invited the South Korean entrepreneurs to diversify their investments in Azad Kashmir to other sectors, such as the Information and Communication Technology (ICT) and IT industry.
The President also thanked the South Korean Ambassador for his country’s contribution to the United Nations Military Observer Group in India and Pakistan (UNMOGIP), which monitors ceasefire along the Line of Control (LoC).
Khan said that the engagement between the United States and North Korea, as well as the constructive role played by the RoK President Moon Jae-in in the quest for peace and diplomacy, have rekindled hopes for engagement on the Jammu and Kashmir dispute as well. “No barrier should be considered absolute in the search for conflict resolution. All avenues for the diplomatic solution must be explored with diligence and determination”, he said. The President extended a formal invitation to the South Korean Ambassador to Muzaffarabad, AJK.