South Korean companies are awaiting the finalization of a peace treaty between Azerbaijan and Armenia to advance potential investments, South Korean Ambassador to Azerbaijan Kang Kymgu said.
"Korea welcomes the recent developments on the peace agreement between Azerbaijan and Armenia, and we support the reconciliation efforts pursued by the two countries",
Kang Kymgu said.
The ambassador noted the strong bilateral ties and economic partnership between South Korea and Azerbaijan.
According to Kang Kymgu, Baku and Seoul have even greater potential for developing joint projects and mutual investments.