Trade Ministry signs MOU with Greek Shipping Ministry

Home > Business > Economy

print dictionary print

Trade Ministry signs MOU with Greek Shipping Ministry

The Ministry of Trade, Industry and Energy reached a memorandum of understanding with the Greek Ministry of Shipping and Aegean to collaborate and exchange shipbuilding technology. Korean Trade Minister Yoon Sang-jick and Greek counterpart Miltiadis Varvitsiotis held a meeting yesterday local time to finalize the MOU. They also scheduled a joint forum in which Korea’s five major shipbuilders and 15 shippers and shipbuilding material manufacturers will participate.

Greece is the largest buyer of Korean vessels, with up to 30 percent of its annual purchases coming from here. The country is the world’s largest shipping industry with 4,894 units owned as of this year.



More in Economy

Biden boomlet expected for 5 key exports

WTO rules in favor of Korea in dispute over U.S. tariffs

Public sector job growth outpaces private sector growth

Exports up 10.6 percent in first 20 days of 2021

Down with the Cptpp!

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now