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SEOUL, March 2 Asia Pulse - South Korean President Lee Myung-bak will embark on a three-nation trip this week that will take him to New Zealand, Australia and Indonesia for talks largely aimed at drafting joint measures to overcome the ongoing global economic downturn, an official at the presidential office said Sunday.
"All three countries are key nations in the Asia-Pacific region and key friendly nation to us that pursue democracy and free market economy," the official told reporters, asking not to be identified.
Lee's seven-day trip will start Monday with a visit to Auckland where he and New Zealand's Prime Minister John Key are set to announce the official start of negotiations for a free trade agreement (FTA), according to the official.
Seoul and Wellington held two rounds of preliminary FTA negotiations in 2007, and officials here believe the countries will be able to sign a deal before the end of the year.
The president will then fly Wednesday to Sydney where he will meet with ranking Australian officials and South Korean expatriates there.
A summit between Lee and Australian Prime Minister Kevin Rudd will be held the next ...
Source: HighBeam Research, KOREA'S PRESIDENT LEE TO VISIT NEW ZEALAND, AUSTRALIA, INDONESIA.