Union Cabinet to discuss capex support for critical mineral processing, VGF for RE grid-scale storage system

Korea and the African Union (AU) have engaged in discussions to manage their joint cooperation fund and broaden their economic, healthcare, and other forms of cooperation, according to the Korea Times. These talks took place during the seventh round of policy consultations in Addis Ababa, with representatives from both sides leading the delegations.

The African Union, established in 2002, seeks to promote African integration, peace, and security. During the meeting, the two parties discussed managing the Korea-AU Cooperation Fund and expanding cooperation in various fields, including trade, investment, healthcare, youth and women's empowerment, climate change, and peace and security.

Korea presented updates on its ongoing cooperation projects in Africa and proposed enhancing ties through high-level exchanges, while the AU expressed appreciation for Seoul's commitment and pledged support for mutually beneficial cooperation.

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.