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Package of Russian-Korean agreements signed on WEF-2017 - EastRussia | Far East






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A package of Russian-Korean agreements was signed at WEF-2017

At the III Eastern Economic Forum (VEF-2017) on Wednesday, a package of Russian-Korean documents was signed, agreements were formalized in the presence of Russian President Vladimir Putin and the head of the Republic of Korea, Mun Zhe In. As the press service of the Ministry of Veterinary and Informatics reported, a number of documents directly concern the Far East.

In particular, a memorandum of cooperation was signed between the Agency for the Far East on attracting investment and supporting export and the Korean Trade and Investment Promotion Agency (KOTRA). Similar memoranda were signed by the agency with Korea Trading And Industries, the Pusan ​​Port Authority, UNICO Logistics, and Korean Seafoods in the field of creating a fish processing and logistics complex in the Far East. The trilateral memorandum was signed by the agency, the hospital of Pusan ​​National University and the corporation KT. Two more documents deal with interaction with Incheon Airport Corporation. The Sakhalin Region signed a protocol of cooperation intent with the corporation, Avrora Airlines signed a memorandum of cooperation and mutual understanding.

As noted by the Ministry of Regional Development, the Russian and Korean sides consider joint projects aimed at developing the transport accessibility of the region: airports, quality of service to residents, innovative developments and other aviation events, and therefore wish to set out certain principles with regard to those in the form of a memorandum of understanding. The parties will mutually strive to expand their business in the region, promote tourism and train staff.