In the presence of Prime Minister Boyko Borissov, during his official visit to the Republic of Korea, bilateral documents on cooperation in the areas of energy and foreign affairs were signed.
The Ministry of Energy of the Republic of Bulgaria and the Ministry of Trade, Industry and Energy of the Republic of Korea signed a Memorandum of Understanding. The document provides support for the cooperation between the two countries in the area of renewable energy and energy efficiency. The memorandum will encourage the participation of companies from both countries in auctions in the area of energy, and will support the development of the relations between Bulgaria and the Republic of Korea in the area of peaceful use of nuclear energy.
The Memorandum of Understanding also foresees exchange of experts and cooperation between energy companies and scientific institutes from the two countries in the area of new energy technologies. Energy companies and scientific institutes from Bulgaria and the Republic of Korea will cooperate in the area of new technologies in order to improve energy efficiency and protect the environment.
The document was signed by the Ambassador Extraordinary and Plenipotentiary of Bulgaria to the Republic of Korea, Petko Draganov, and from the Korean side - by the Minister of Trade Yoo Myung-hee.
A memorandum between the Ministries of Foreign Affairs of the Republic of Bulgaria and the Republic of Korea was signed in Seoul on the occasion of the joint celebration of the 30th anniversary of the establishment of diplomatic relations between the two countries. They started on March 23, 1990.
The document was signed by Deputy Minister of Foreign Affairs Georg Georgiev and his counterpart, the Vice Minister of Foreign Affairs of the Republic of Korea Cho Sei-young.