From left, Trade Minister Yeo Han-koo, President Lee Jae Myung, European Council President Antonio Costa, European Commission President Ursula von der Leyen and EU trade commissioner Maros Sefcovic pose during a ceremony in Brussels, Wednesday (local time), to sign a digital trade agreement aimed at boosting cooperation in digital trade and enhancing protection for online consumers and cybersecurity. Yonhap
Korea has attracted a combined $165 million in foreign direct investment from four European companies and signed a digital trade agreement with the European Union (EU), deepening economic cooperation with the major economic bloc, Seoul officials said Thursday.
The European companies — Germany's Orafol, France's Quandela, the Netherlands' Prodrive Technologies and Sweden's Mycronic — unveiled their investment plans in Korea in the semiconductor, quantum computing and other key industries during the investment announcement ceremony co-hosted by Ministry of Trade, Industry and Resources and the Korea Trade-Investment Promotion Agency, according to the officials at the industry ministry.
The ceremony was held Wednesday (local time) marking Korean President Lee Jae Myung's visit to Belgium for a meeting with EU leaders.
