Korea, Turkmenistan sign 13 deals across investment, energy, security
Korea and Turkmenistan signed 13 agreements and memorandums of understanding (MOUs) on Tuesday, deepening bilateral cooperation across investment, energy and security. The signings came during a bilateral summit between President Lee Jae Myung and President Serdar Berdimuhamedow of Turkmenistan, held ahead of the first Korea-Central Asia Summit set for Wednesday. The two countries signed an…
On Tuesday, Korea and Turkmenistan signed 13 agreements and memorandums of understanding (MOUs) during a bilateral summit, enhancing cooperation in various sectors. The agreements cover investment, energy, security, and other areas, with the summit held ahead of the first Korea-Central Asia Summit. Notable deals include an investment promotion and protection agreement, granting most-favored-nation treatment and establishing investor-state dispute settlement procedures, as well as infrastructure and water resource management MOUs to expand Korean technology and expertise in energy, construction, and logistics projects.
Other MOUs focus on cooperation in the chemical industry, railway transportation, combating transnational organized crime, public security, customs cooperation, and border-level intellectual property protection.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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