Minister of Economy, Denisa Saková, signed two key memoranda with South Korea on Monday to enhance cooperation in energy and economic development. The agreements, announced by the Ministry of Economy, focus on strengthening collaboration in energy, trade, and investment between the two countries. Minister Saková emphasized South Korea's role as a major investor in Slovakia, particularly in sectors like energy and industry. The first memorandum centres on energy cooperation, specifically nuclear energy, as a crucial component in transitioning to sustainable and low-carbon energy solutions.
The second memorandum focuses on trade and investment, aiming to reduce barriers and promote business opportunities between Slovakia and South Korea. The goal is to create a stable environment for economic growth in both countries. Prime Minister Robert Fico also welcomed the agreements, noting that South Korean companies are significant contributors to Slovakia’s job market and economic growth, particularly in the automotive industry.
Source: TASR
