South Korea inks deal with Poland for infrastructure

South Korea and Poland have signed agreements aimed at developing transport infrastructure in central and eastern Europe. The two countries have agreed to enhance bilateral cooperation in transportation, including aviation, and work towards developing the East-West and South-North transportation axes in the region.

Additionally, South Korea has pledged to collaborate on reconstruction and development projects in Ukraine. These agreements were formalised through two memorandums of understanding (MOUs) signed during a summit between South Korean President Yoon Suk Yeol, who is currently on a state visit to Poland, and Polish President Andrzej Duda.

South Korea has been actively building cooperative relations with Poland, extending to defence and nuclear power sectors. The Ministry of Land, Infrastructure, and Transport (MOLIT) of South Korea stated that the signing of these MOUs aims to strengthen cooperation between the two countries and establish Poland as a gateway for more Korean companies to enter central and eastern Europe.

Given Poland’s proximity to Ukraine and its potential as a base for recovery and reconstruction projects in the country, the cooperative measures between South Korea and Poland are expected to contribute to tangible outcomes in these areas.