Czech Republic signs economic cooperation deal with South Korea

The Czech Republic and South Korea signed an economic cooperation agreement during the visit by Korean Prime Minister Han Seung-soo on Tuesday. The agreement covers research and development with emphasis on nanotechnology, renewables and information technology. Outgoing Czech Prime Minister Mirek Topolánek said that the European Union and South Korea hope to seal a free trade agreement by the end of the Czech EU presidency in June. Mr Topolánek also announced that President Václav Klaus will head the EU side at an EU-South Korea summit in Seoul on May 23.

Author: Chris Johnstone