CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Qatar, South Korea sign slew of deals during Emir’s visit

Published: 06 Nov 2014 - 04:33 am | Last Updated: 19 Jan 2022 - 07:15 pm

Seoul: The Emir H H Sheikh Tamim bin Hamad Al Thani held yesterday a session of official talks with President of South Korea Park Geun-hye at the Blue House in Seoul.
Talks dealt with bilateral relations and means of enhancing them to serve the common interests and for the benefit of both countries. A number of issues of common interest were also discussed.
The session was attended by members of the official accompanying delegation.
On the South Korean side, the session was attended by a number of ministers and senior officials.
The Emir and the Korean president witnessed the signing of an agreement on military cooperation between the Government of Qatar and the Government of South Korea and a memorandum of understanding (MoU) on cooperation in the field of health care and medical sciences between the Supreme Council of Health in Qatar and the Ministry of Health and Welfare in South Korea, including areas of cooperation in alternative medicine, modern techniques, medical equipment for health care, alternative medicine, e-health and medical and pharmaceutical policies and researches.
Both sided signed another MoU in the field of youth between the Ministry of Youth and Sports in Qatar and the Ministry of Gender Equality and Family in the Republic of Korea, aiming at encouraging communication and exchanging visits of youth delegations, experts and specialists in the field of youth.
The Emir and the president also witnessed the signing of an MoU between Qatar Central Bank and the Bank of Korea, aiming to document and promote cooperation efforts in areas related to the practices of central banks, exchange of information on monetary policy, financial stability, payment system and other activities of central banks and an MoU on cooperation in the field of information technology and communications between the Ministry of Information and Communication Technology of Qatar and the Ministry of Science and Information Technology, Communication and Future Planning of Korea, which aims to encourage the exchange of mutual cooperation between the two sides in the field of information technology and communication.
A Memorandum of Understanding was also signed on the Korean-Qatari joint cooperation for investment in third countries between the Qatar Investment Authority and the Office of the Prime Minister of Korea, through the integration of Korea’s technology and Qatar’s capital as part of what is known as the Integration Initiative, and a Memorandum of Understanding for cooperation in the field of technology and innovation between Qatar’s Ministry of Energy and Industry and Korea’s Ministry of Commerce, Industry and Energy, aims to promote cooperation between Qatar and Korea in the field of development of industrial technology.
The Emir was accorded an official reception upon arrival at the Blue House.  The Emir attended yesterday a dinner banquet held by Park Geun-hye at the Blue House. Members of the official delegation accompanying the Emir attended the banquet. A number of Korean ministers and senior officials were also present. 
QNA