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South Korea and Kazakhstan sign energy MOU
South Korea and Kazakhstan have signed a Memorandum of Understanding to strengthen cooperation in peaceful nuclear energy use, as well as in the fields of trade, energy, critical minerals, and artificial intelligence. South Korean President Lee Jae-myung emphasized that Kazakhstan possesses tremendous potential in future-oriented technological industries, and that the relations between the two countries are being strengthened amid global economic upheavals. This memorandum is part of Seoul's efforts to diversify its energy and mineral supplies under the "New Northern Policy," which was launched in 2017 to enhance its ties with Central Asian countries. Tomorrow, a multilateral summit will be held to explore opportunities for increasing cooperation between the nations, as South Korea seeks to expand collaboration to include lithium and critical minerals.
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