Strategic partnership between Ukraine and South Korea would give a new impulse to the development of the two countries, member of the inter-parliamentary group, MP Serhiy Taruta, has said.

"We should set a task to sign an agreement on strategic partnership in two or three years," he said at the South Korea-Ukraine Economic Cooperation Forum in Kyiv on Tuesday.

The lawmaker's press service reported Taruta urged that Ukrainians take South Korea as an example. The country not only restored after war in 1950s, but it also became one of the global leaders in economic development.

"They have taken the course of industrialization and innovation. There is no other way for the countries that want to develop quickly. We should do the same," he said.

Taruta added that agreements to hold a meeting of the Ukraine-South Korea intergovernmental high-level commission by the end of this year.

He proposed that Ukrainian business representatives prepare an investment map for Korean partners with possible projects that involve Korean technologies and Ukrainian raw materials. He said that amid sectors with the short payback period are energy and utilities. Ukraine and South Korea could cooperate in the aerospace sector, he said.

"Today our country is in the complicated economic and military situation, but on the other hand, we are potentially very attractive. Closer ties could bring large opportunities for Ukraine," the lawmaker said.

Taruta said that increasing Ukraine's investment attractiveness is one of the top priorities of the doctrine of the accelerated economic growth and modernization of Ukraine being drawn up by members of Ukrainian Business Initiative jointly with leading Ukrainian experts. The document foresees triple growth of the country's GDP in 10 years.

"South Korea needs a strategic partner in Europe. Our task is to show that Ukraine could be this partner. Then our goods turnover could expand to $7-10 billion a year. This is important for the country," Taruta said.