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S. Korea, Poland discuss ways to strengthen cooperation in defense industry


South Korea and Poland have discussed ways to strengthen economic cooperation in various sectors, including the defense industry, Seoul’s foreign ministry said Wednesday.

During a joint economic committee meeting in Warsaw on Tuesday (local time), Kim Hee-sang, deputy foreign minister for economic affairs, discussed cooperation strategies with his Polish counterpart, Jacek Tomczak, the ministry said in a press release. This meeting marks the sixth of its kind.

In the meeting, Kim emphasized the importance of deepening cooperation between the two countries in sectors that include batteries and defense, and expanding collaborations into areas like energy, infrastructure and Ukraine’s reconstruction efforts.

In response, Tomczak expressed hope that high-level exchanges, including the joint economic committee, would continue to strengthen in the future.

Poland is South Korea’s largest trading partner in Central Europe, with bilateral trade growing for six consecutive years, reaching an all-time high of US$10
.1 billion last year.

Both sides noted the close economic relationship, highlighting the presence of around 390 South Korean companies in Poland, which have created 30,000 jobs. South Korea’s large business presence in Poland is led by Samsung Electronics Co., LG Electronics Inc. and LG Energy Solution Ltd.

Source: Yonhap News Agency