Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Now is no time to add pressure on businesses: top executives

    Now is no time to add pressure on businesses: top executives
  2. 2

    CJ CheilJedang to spur overseas growth with new Hungary, US plants

    CJ CheilJedang to spur overseas growth with new Hungary, US plants
  3. 3

    Blackpink's solo journeys: Complementary paths, not competition

    Blackpink's solo journeys: Complementary paths, not competition
  4. 4

    Nationwide rail disruptions feared as union plans strike from Dec. 5

    Nationwide rail disruptions feared as union plans strike from Dec. 5
  5. 5

    Seoul to host winter festival from Dec. 13

    Seoul to host winter festival from Dec. 13
  1. 6

    N. Korea, Russia court softer image: From animal diplomacy to tourism

    N. Korea, Russia court softer image: From animal diplomacy to tourism
  2. 7

    Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid

    Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
  3. 8

    [Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts

    [Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
  4. 9

    Main opposition pushes to ease, not postpone, tax on crypto gains

    Main opposition pushes to ease, not postpone, tax on crypto gains
  5. 10

    Actor Song Joong-ki welcomes second child in Rome

    Actor Song Joong-ki welcomes second child in Rome
피터빈트

S. Korea, Kazakhstan sign 23 business MOUs, eye closer economic ties

By Yonhap

Published : Aug. 17, 2021 - 14:45

    • Link copied

Bakyt Dyussenbayev, Kazakhstan’s ambassador to Korea, speaks during an interview at his office in central Seoul on June 29, 2021 . (Park Hyun-koo/The Korea Herald) Bakyt Dyussenbayev, Kazakhstan’s ambassador to Korea, speaks during an interview at his office in central Seoul on June 29, 2021 . (Park Hyun-koo/The Korea Herald)
South Korea's industry ministry said Tuesday it has hosted a business roundtable with Kazakhstan and signed around two dozen business agreements, in a move to enhance economic ties with the Central Asian nation.

During the meeting, Seoul and Nur-Sultan signed a set of 23 memorandums of understanding in various industries ranging from automobiles to the development of natural resources, according to the Ministry of Trade, Industry and Energy.

The move came during Kazakh President Kassym-Jomart Tokayev's two-day visit to South Korea. He plans to return home later in the day.

South Korea said the latest MOUs will also help the two countries overcome the economic fallout of the COVID-19 pandemic.

"The two countries have been making significant progress in various areas, including industry, science, health care and traffic infrastructure based on the Fresh Wind economic cooperation program launched in 2019," Industry Minister Moon Sung-wook said during the meeting.

Moon also requested officials from Kazakhstan provide South Korean firms with more business opportunities in the Central Asian country. (Yonhap)

More from Headlines