South Korean President Lee Myung-bak arrived in the Philippines

South Korean President Lee Myung-bak arrived in the Philippines on Sunday for a three-day state visit that will include summit talks with President Benigno Aquino III about improving bilateral ties and boosting trade and investment and other cooperation.

Lee flew in from Indonesia where he had attended a series of regional and bilateral summits.

During Lee’s visit to Manila, South Korea and the Philippines plan to sign a series of agreements on cooperation projects, such as the establishment of multi-industry clusters and a coal-fired power plant in the Philippines, and provision of economic development cooperation funds and aid to the Southeast Asian nation.

The trip will also include a visit to a war memorial, a meeting with South Korean residents, a forum of leading Philippine businessmen and a town hall-style meeting with local university students.

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