According to Yonhap News,

(BUSAN=Yonhap News) South Korea and Poland signed a memorandum of understanding (MOU) Thursday to forge stronger cooperation in the ICT sector through personnel exchanges and joint projects.

The agreement, initiated by Poland, is expected to assist local tech firms penetrate the East European market, South Korea's ICT ministry said. It was signed on the sidelines of the International Telecommunications Union (ITU) conference underway here.

"The two agreed to join hands in mobile network, frequency management, broadband, Internet, information security, software, contents, and other areas as well," the Ministry of Science, ICT and Future Planning said.

"Poland is an attractive partner whose ICT sector is growing, and can take on an important role for (South Korean firms') penetration into the EU market," said Yoon Jong-lok, the ministry's second vice minister. "The ministry will provide full-fledged support to local firms so that they can participate in various ICT-related projects in Poland."

The two sides will exchange ICT experts and carry out joint projects that are mutually beneficial to their industries, and also cooperate at international organizations such as the ITU, the ministry said.

South Korean firms have been rushing to the Polish ICT market in recent years, with KT Corp. starting a high-speed Internet business in the European country in 2013, followed by LG CNS Co.'s smart-grid project that started in February this year.

South Korea is currently hosting the 19th ITU Plenipotentiary Conference, referred to as the PP-14, in this port city until Nov. 7.

colin@yna.co.kr

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