Based on the search results, here’s a summary of the key points regarding the energy cooperation agreement between South Korea and Slovakia:
Strategic Partnership:
South Korea and Slovakia have elevated their bilateral relationship to a “strategic partnership,” encompassing various sectors, including trade, defense, and energy.
Energy Cooperation:
A key focus of the partnership is energy cooperation, particularly in carbon-free energy sources. This includes nuclear power, renewable energy, and hydrogen.
A memorandum of understanding (MOU) on comprehensive energy cooperation was signed.
Slovakia’s plans to build a new nuclear power unit at the Jaslovske Bohunice plant are a significant aspect of this cooperation.
Korea Hydro & Nuclear Power (KHNP) has expressed interest in this project.
Nuclear Energy Focus:
Nuclear energy is a central point of the energy collaboration, with both countries recognizing its importance in their energy strategies.
The agreement aims to facilitate the exchange of information, technologies, and best practices in nuclear energy.
Trade and Investment:
Alongside energy, the countries also signed an MOU on a Trade and Investment Promotion Framework to boost economic ties.
The aim is to facilitate trade and investment, and deepen cooperation in the defense industry.
Geopolitical context:
There were also discussions regarding concerns over the increasing military cooperation between North Korea and Russia.
Doosan Enerbility, SGRE, Equinor sign MoU for South Korean wind
Image Source: power-technology.com
In essence, the agreement signifies a strengthening of ties between South Korea and Slovakia, with a particular emphasis on collaborating in the nuclear energy sector.
Joint Statement on the Establishment of a Strategic Partnership
Image Source: mofa.go.kr
Slovakia and the Republic of Korea deepen cooperation
Image Source: europeaninterest.eu
South Korea and Slovakia sign energy cooperation agreement, focus
Image Source: businessupturn.com
South Korea and Slovakia sign strategic partnership with nuclear
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