SEOUL, Sept. 26 (Yonhap) - South Korea has agreed with four other middle powers to establish a joint advisory group as part of its attempt to get the cooperation with them, said Thursday the Ministry of Foreign Affairs.
The agreement, signed in New York by the Minister of Foreign Affairs, Yun Byung-se, with their counterparts in Mexico, Australia, Indonesia and Turkey, requires the implementation of cooperative organization MIKTA, which takes its name from the initials of the countries participants, according to South Korean Foreign Ministry.
Under the agreement, the foreign ministers of the five countries will hold regular meetings and discuss matters of mutual interest, according to the ministry. At a future meeting, will discuss the adoption of a joint statement as needed.
During the next twelve months, Mexico will be in charge of administrative affairs for the operation of the organization, said.
The Foreign Ministry also added that this meeting of foreign ministers of middle powers is a meeting of nations that share the basic values of democracy and market economy, and have willingness and ability to contribute to the international community.
South Korea has been seeking partnerships with nations with similar economic and political influence in order to better express their mutual interest in the international community, which is mainly dominated by the powerful countries.
