President Lee Jae Myung and Italian Prime Minister Giorgia Meloni stroll in Rome, Friday, forward of their talks. Yonhap
ROME, June 12 (Yonhap) — South Korea and Italy signed 4 agreements Friday to enhance bilateral cooperation and exchanges, together with in advanced science and know-how, and explore joint projects in Africa, the presidential workplace stated.
The memorandums of understanding (MOUs) have been signed throughout President Lee Jae Myung’s ongoing state go to to Italy as a part of his broader journey to Europe, geared toward increasing South Korea’s outreach in the area.
During Lee’s summit with Italian President Sergio Mattarella a day earlier, the 2 leaders agreed to elevate bilateral ties to a particular strategic partnership and explore methods to broaden cooperation into semiconductors, synthetic intelligence (AI) and different strategic areas.
Under an MOU on know-how, either side pledged to promote cooperation in advanced and science know-how, together with AI, quantum know-how, bioscience, area know-how and different strategic sectors.
The two sides agreed to monitor the method of the pledged cooperation by a joint science and know-how committee, which the presidential workplace stated was geared toward making the know-how sector a brand new pillar of cooperation below the newly established strategic partnership.
Under one other MOU, the 2 nations will search joint improvement cooperation projects in Africa in mutually helpful areas, similar to espresso plantations, agriculture or digital training.
Lee’s workplace stated Uganda, Ethiopia, Egypt and Cote d’Ivoire have been being cited as potential host nations for the envisioned projects.
Another MOU requires dialogue and exchanges between Seoul and Rome on insurance policies associated to small and medium-sized enterprises.
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