S. Korea, Germany Vow To Join Deeper Ties In Energy Segment
Muhammad Irfan 7 days ago Wed 16th September 2020 | 03:39 PM
South Korea and Germany on Wednesday vowed to beef up their economic ties centering on the energy sector, which will play a significant role in the recovery of their virus-hit economie
SEOUL, (APP - UrduPoint / Pakistan Point News - 16th Sep, 2020 ) :South Korea and Germany on Wednesday vowed to beef up their economic ties centering on the energy sector, which will play a significant role in the recovery of their virus-hit economies.
Seoul's energy and trade officials held a virtual meeting with their German counterparts and discussed a wide array of issues, including expanding cooperation in the education and green energy segments, according to the Ministry of Trade, Industry and Energy.
Officials discussed ways to foster trade and investment between the two countries as well.
Despite the COVID-19 pandemic, South Korea said the country maintained close trade ties with Germany over the January-June period. Trade between the two countries came to US$14.5 billion over the first half of 2020, rising 6 percent from the previous year.
Trade Minister Yoo Myung-hee is currently competing against candidates from seven countries -- Mexico, Nigeria, Egypt, Moldova, Kenya, Saudi Arabia and Britain. The final result is widely anticipated to be delivered in early November.