Seoul, May 22 : US President Joe Biden, who is currently in Seoul, held a phone conversation with former South Korean President Moon Jae-in, calling him a "good friend" and thanking him for making efforts to strengthen the alliance between the two countries while in office. Biden and Moon held the phone talks for about 10 minutes on Saturday evening, Yonhap News Agency quoted to Rep. Yun Kun-young of the Democratic Party as saying. Moon left office on May 9 after serving a five-year term. Biden was quoted as calling Moon a "good friend" and thanking him for making efforts to strengthen their alliance, while referring to their summit in Washington last year. Moon also expressed gratitude for Biden choosing South Korea as the first leg of his Asia trip, saying it demonstrates the strong bilateral ties, Yun said. The phone conversation came after Biden and South Korean President Yoon Suk-yeol held their summit in Seoul and agreed to expand cooperation not just in the military and security areas but also in many economic fields. Biden's three-day trip to South Korea, which started on Friday, raised speculation that he and Moon might meet in person, though Washington later said such a meeting would not take place. Since leaving office, Moon is currently residing in his retirement home in the southeastern town of Yangsan. /IANS