South Korea Seeks Normalized Relations with Cuba

HAVANA TIMES — South Korea expressed its willingness to improve bilateral relations with Cuba, the foreign minister of that nation Yun Byung-se, told the Yonhap news agency.

On Tuesday, the South Korean state insurance company K-sure, indicated it would provide the Central Bank of Cuba and the Banco Exterior de Cuba a credit line worth 60 million euros, and establish a second agreement for payment insurance.

This is the first time that South Korea will take real steps to build relationships and increase its diplomatic presence in Central and South America, said the South Korean minister.

Yun Byung-se said he hopes that the talks for the normalization of diplomatic relations between Cuba and the United States will also help improve relations between Seoul and Havana.