6 days ago

South Korea, Kazakhstan Expand Nuclear Energy and Mineral Cooperation

South Korea and Kazakhstan agreed to cooperate on using nuclear energy peacefully.

Their presidents also discussed trade, energy, critical minerals, and artificial intelligence.

The two countries signed 13 cooperation documents.

These documents included agreements involving crude oil, science, and technology.

South Korea wants more reliable supplies of energy and minerals.

Kazakhstan has large mineral resources, including resources that could support high-tech industries.

South Korea offered its technology to help explore and produce those resources.

The two countries are trying to work more closely during a time of economic uncertainty.

Key facts

Nuclear cooperation: The countries signed a memorandum on cooperation in the peaceful use of nuclear energy.
Documents signed: Thirteen documents were signed, including agreements on crude oil and science and technology.
Leaders: South Korean President Lee Jae Myung met Kazakhstan’s President Kassym-Jomart Tokayev.
Mineral focus: Potential cooperation includes lithium and other critical minerals.
Technology role: South Korea encouraged businesses to use its technology to explore and produce Kazakhstan’s mineral resources.
Regional summit: South Korea planned to host Kazakhstan and four other Central Asian leaders for a multilateral summit.
Policy context: Seoul has pursued the New Northern Policy since 2017 to deepen economic ties with Central Asia and other Eurasian partners.

theprint.in · 6 days ago