The Korea Herald

지나쌤

Korea seeks closer industrial, energy cooperation with Brazil, Peru

By KH디지털2

Published : Dec. 8, 2015 - 11:51

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South Korea seeks closer industrial and energy sector cooperation with Brazil and Peru as it moves to expand its presence in Latin America, the government said Tuesday.
  

The Ministry of Trade, Industry and Energy said an official delegation visiting the two countries this week will engage in talks aimed at strengthening ties in such areas as nuclear power, industrial technology, trade promotion, power distribution and infrastructure building.
  

The team led by Deputy Trade Minister Woo Tae-hee will hold talks with its Brazilian counterpart on Wednesday to deliberate on allowing South Korean companies to participate in the construction of future nuclear reactors in the large Latin American country, it said.
  

The officials plan to touch on maintenance work for existing nuclear power plants and related services.
  

Seoul and Brasilia, in addition, plan to exchange views on ways to facilitate industrial technology and bilateral business investments, as well as issues related to opening the Brazilian pharmaceutical market to South Korean companies. The two sides will touch on possible collaboration to enhance Brazil's electronic trade support system.
  

In planned talks with Peruvian officials set for Friday, Seoul will raise the issue of strengthening ties in such areas as smart grids, power transmission and electric power generation, the ministry said.
  

Woo will ask Peru to permit South Korean construction firms to play a part in the two new subways lines to be built in Lima from 2016 onwards, it said, adding he will further ask the country to ease bidding rules so outside companies can play a role in the creation of a smart traffic control system for the country. (Yonhap)