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- Investment News
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.