The Korea Herald

피터빈트

Korea, UAE sign agreement to cooperate in energy sector

By Kim Yon-se

Published : Feb. 28, 2014 - 20:14

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South Korea and the United Arab Emirates agreed Friday to cooperate in nurturing energy-related experts and jointly making inroads into energy markets in third countries, Seoul officials said.

Both countries signed a memorandum of understanding in Seoul on cooperation in the energy sector, according to the Ministry of Trade, Industry and Energy.

Under the deal, they promised to work together to nurture experts in nuclear, oil, natural gas and other energy sectors, while jointly pushing to advance into energy markets in other countries.

The ministry said that it plans to discuss necessary follow-up measures on the cooperation deal with the UAE during the first half of this year. (Yonhap)