The MOUs were signed in line with President Moon Jae-in's visit to Sweden on the last leg of his eight-day Northern Europe trip that also took him to Finland and Norway.
The agreements include those signed by the Korea International Trade Association and the Korea Trade-Investment Promotion Agency, as well as the signings between research labs to jointly develop new technologies in the fields of carbon convergence and internet-of-things (IoT), the industry ministry said.
|President Moon Jae-in (L) enters the venue for the South Korea-Sweden Business Summit at a downtown hotel in Stockholm on June 14, 2019, along with King Carl XVI Gustaf (R) and Prime Minister Stefan Lofven (C). (Yonhap)|
"We will actively support the expansion of exchanges between the two countries' companies through the South Korea-Sweden industry cooperation committee, which will be established on the occasion of the president's trip," Industry Minister Sung Yun-mo said. (Yonhap)