South Korea and Italy join hands in green energy and biotech
Joint projects will cover an array of sectors such as artificial intelligence and green mobility
In preparations for post-pandemic recovery and sustainable economic growth, South Korea is pursuing stronger interrelations with Italy in biotechnology and eco-friendly energy segments, as reported in The Korea Herald.
According to the Ministry of Trade, Industry, and Energy, the two countries plan to organise their first round of strategic meetings for bilateral cooperation in industry and energy in Rome next week.
Since President Moon Jae-in’s visit to Italy in October 2018, Italy and South Korea had agreed to form a strategic partnership, but follow-up meetings were delayed by the pandemic.
During the meeting, the two nations are expected to share ideas on growing ties in the green and digital industries to support post-pandemic economic recovery.
More: Korea shares food security plan to support sustainable development goals
Joint research and development projects covering various areas such as green mobility, artificial intelligence, and hydrogen technologies are planned to be launched.
Additionally, Seoul and Rome will cooperate in achieving carbon neutrality goals and increasing teamwork in the hydrogen sector.
The Property Report editors wrote this article. For more information, email: [email protected].
Recommended
Thailand advances digital finance with blockchain real estate push
Issues over marrying blockchain incentives to a physical asset class is hampering Thailand’s digital finance push
Johor Bahru emerges as a key economic partner to Singapore
Once regarded as a poor relation across the causeway, Johor Bahru is cementing its status as an integrated economic partner to Singapore
Vietnam sets new rules to reward clean energy producers
Vietnam’s government has passed new regulations allowing homeowners and landlords to sell solar power back to the national grid for the first time
Bangkok developers shift focus to safer low-rise and suburban projects
Concerns over Bangkok’s seismic safety in the wake of the recent Myanmar earthquake have prompted a shift toward low-rise developments









