27th February 2015

Prime Minister Bohuslav Sobotka and Minister of Transportation Dan Ťok visited South Korea

On 23rd-27th February Czech Prime Minister Bohuslav Sobotka accompanied by Minister of Transportation Dan Ťok in accordance with government priorities of acquisition of investments and securing new jobs visited South Korea. There PM Bohulsav Sobotka met with Korean President Park Geun-hye and discussed mutual cooperation. As a result four important memoranda were signed. First one was Joint Declaration on the strategic partnership between the Czech Republic and the Republic of Korea outlining specific areas for further cooperation and promoting the relationship of both countries to the level of strategic partnership. Other memoranda were Memorandum of Understanding between the Ministries of Foreign Affairs of regular political consultations, Memorandum of Understanding and on cooperation in railway transport between the Ministry of Transportation and the Ministry of Land, Infrastructure and Transport of the Republic of Korea. These latter one was signed by Minister Dan Ťok. And Eventually also the Memorandum of Cooperation between Ministry of Defense of the Czech Republic and Ministry of National Defense of the Republic of Korea. As a result future cooperation in transportation, for example in constructing rail to Prague airport, in nuclear energy, in construction of new blocs in Temelín when the competition is resumed, or cooperation in joint defense programs is possible and Czech companies could benefit from this cooperation. Also the CzechInvest agency opened its mission in South Korea and some contracts, for example in the value of 120 million CZK for the porcelain manufacturer in Dubí, were already negotiated.

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Members of the American Chamber of Commerce in the Czech Republic