Invest KOREA

The Korea Automobile Manufacturers Association (KAMA) signed MOUs with the European Automobile Manufacturers Association (ACEA) and the Society of Motor Manufacturers & Traders (SMMT) to strengthen cooperation.

On September 9, KAMA visited ACEA located in Brussels, Belgium and signed the MOU to step up cooperation between the two associations on current issues including safety, environment, and trade, while seeking for information sharing and joint response to electric vehicles and autonomous vehicles policies.

It also signed the MOU with SMMT by visiting the UK pavilion at the Frankfurt Motor Show 2019. They agreed to stimulate information sharing on connected and autonomous vehicles (CAV), and alternative fuel vehicles (AFV) including electric and hydrogen vehicles, as well as policies about the market and regulation trends.

The two sides, based on the MOU, agreed to cooperate to expand trade and investment between Korea and the U.K.

Source Text

Source: Newsis (September 11, 2019)

** This article was translated from Korean.