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Korea, Qatar Ink MOU to Expand Joint Investment Cooperation
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Date
2012.10.23
South Korea and Qatar on Friday reached a preliminary agreement to expand cooperation for joint investment in third countries.
The memorandum of
understanding (MOU), signed in Seoul between the Ministry of Land, Transport and
Maritime Affairs and Qatar Holding, outlines the creation of a joint
consultation committee for such purposes. The committee will arrange
consultative meetings twice a year.
The meetings will permit the two
partners to share updated information on prospective investment projects and
carry out feasibility studies, officials said.