Korea, U.S. agree to cooperate on innovation in a forum

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Korea, U.S. agree to cooperate on innovation in a forum

Korea and the U.S. agreed to cooperate on innovation in manufacturing to overcome low-growth economic conditions.

The Korea-U.S. Advanced Manufacturing Innovation Forum, jointly hosted by the Ministry of Trade, Industry and Energy and the government of the U.S. state of Virginia kicked off Monday in Alexandria, Virginia.

The forum is held through Wednesday with Korean Vice Minister of Trade, Industry and Energy Lee Kwan-sup, as well as Virginia Senator Mark R. Warner and U.S. Deputy Secretary of Commerce Bruce Andrews participating. Entrepreneurs and researchers from the two countries also joined the forum. Three MOUs regarding advanced manufacturing will be signed between the two nations’ research institutions.

On Wednesday, 110 company representatives in the fields of automobiles, electronics, shipbuilding and aviation will host technology seminars.

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