Korea Signs 7 Tech Investment Contract with France Worth $837 Million

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Korea Signs 7 Tech Investment Contract with France Worth $837 Million


Dec. 20, 2004

 

President Roh Moo-hyun's official visit to France provided an opportunity to expand bilateral trade and investment, and cooperation in industrial technology. This included helping the two countries strengthen substantial economic and industrial cooperation, including multilateral negotiations of the Doha Development Agenda (DDA) at the World Trade Organization (WTO).

At bilateral summit talks on Dec. 6 in Paris, President Roh and French President Jacques Chirac discussed ways of increasing bilateral trade, French business investment in Korea, conclusion of a social security pact, cooperation in energy, aerospace, genetic engineering and nano technology, and joint efforts for the successful conclusion of the multilateral DDA negotiation on free trade now under way at the WTO.

 

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