Korea and Karelia Signed Memorandum of Mutual Understanding
OREANDA-NEWS. July 08, 2010. Signing of the memorandum of mutual understanding between the Ministry of Economic Development of the
The memorandum, in particular, says: "considering urgency of expansion of mutual trade and economic relations, the parties have agreed on cooperation in the field of development of trade and investment cooperation between the
Representatives of the Ministry of Economic Development of Karelia, rector of Petrozavodsk State University Anatoly Voronin, Counsellor to the Administration of PetrSU Natalia Ruzanova, President of the Chamber of Commerce and Industry of Karelia Alexander Pankratov, representatives of business have taken part in the meeting with the delegation of
Hong Sun Choi, President of the Council on Culture, leader of the Korean delegation in his complimentary address, in particular, has especially noted that "experts and specialists of Korean companies have been studying opportunities of cooperation with the Northwest region of Russia for several months and now some positive conclusions are drawn: South Korea is ready to consider opportunities of establishing trade and economic relations, forging business partnerships with Karelia, developing cultural relations. In the further Korean business is ready to continue work on creation and implementation of joint investment projects. Signing of the memorandum of mutual understanding between Karelia and
In turn, the Deputy Minister of Economic Development of Karelia Dmitry Kislov, also speaking about opportunities of implementation of mutual interests, has noted that "
In the memorandum signed the parties have agreed on intention to work out establishing of a joint working group on development of trade and economic relations between the
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