The National Railway Authority said April 28 it signed a memorandum of understanding with the Korea Defense Diplomacy Association to expand overseas business and strengthen cooperation in defense diplomacy.
The authority said the agreement is aimed at building a broader foundation for South Korean companies to enter overseas markets by combining the authority’s capacity to carry out international rail projects with the association’s experience and expertise in defense diplomacy.
Under the MOU, the two organizations will cooperate on sharing information related to overseas projects, providing technical advice and linking global networks. They also said they will work to produce tangible results by leveraging their respective strengths.
Lee An-ho, acting chair of the National Railway Authority, said combining rail expertise with defense diplomacy know-how could create greater synergy on the international stage. “We will continue to strengthen the basis for cooperation to expand our companies’ global reach,” he said.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.