Korea and the United Kingdom have agreed to enhance their bilateral cooperation in the financial sector.
The agreement was reached Tuesday at a South Korea-UK Financial Forum in London which was attended by Financial Services Commission Chairman Shin Je-yoon , Lord Mayor of the City of London Fiona Woolf, as well as officials from financial authorities and banks from the two countries.
Both sides shared their views on consumer financial protection, jointly exploring the African market and cooperating in the fields of financial supervision.
South Korean officials also suggested channeling loans from international financial institutions to help North Korea.
The one-day forum was a follow-up to President Park Geun-hye's visit to Britain last year.