33 Korea-Poland Corporate MOUs Signed... Yoon: "A New Electric Era with Poland"

Attended the 'Han-Poland Business Forum'... Evaluating Economic Achievements of Both Countries
Yoon "Expanding Cooperation in Aerospace, Smart Factories, and Eco-friendly Energy"

On the occasion of President Yoon Suk-yeol's state visit to Poland, a total of 33 MOUs (Memorandums of Understanding) were signed between Korean and Polish companies and institutions on the 14th (local time). President Yoon stated, "Economic cooperation with Poland is entering a new phase."

On the morning of the same day, President Yoon attended the 'Korea-Poland Business Forum' held in Warsaw, Poland, where he evaluated the achievements of economic cooperation between the two countries and proposed new cooperation measures for the future.

President Yoon Suk-yeol, who is on an official visit to Poland, and Polish President Andrzej Duda are attending the Korea-Poland Business Forum held at a hotel in Warsaw on the 14th (local time). Photo by Yonhap News

At the event, President Yoon said, "Last year saw the largest-ever defense exports to Poland, and trade between the two countries has been increasing significantly every year, marking a new turning point in economic cooperation." He added, "Just as Korean battery and material component companies have established the largest battery ecosystem in Europe in Poland, cooperation should be expanded to advanced industries such as aerospace, smart factories, and eco-friendly energy, as well as defense and infrastructure sectors."

He also expressed expectations for expanded trade between the two countries. President Yoon noted, "Since 2016, trade has increased by double digits annually, reaching a record high of $9 billion last year," and forecasted, "If this trend continues, it is expected to exceed $30 billion by 2030."

He particularly emphasized the importance of the battery industry. Korean battery material and component companies have built a battery ecosystem in Poland with the largest production capacity in Europe, making Poland a European battery production hub. President Yoon added, "This successful cooperation case should be expanded across advanced industries such as aerospace, smart factories, and eco-friendly energy, and cooperation in defense and infrastructure sectors should be further strengthened."

With the joint attendance of President Yoon and Polish President Andrzej Duda, tangible achievements such as the signing of MOUs were revealed. Future-oriented cooperative efforts between companies and institutions of both countries continued, resulting in a total of 33 MOUs: 11 in advanced industries including batteries and future vehicles, 13 in energy sectors such as nuclear power, hydrogen, and eco-friendly energy, and 9 in service sectors including finance and tourism. The government announced plans to actively support the early realization of concrete results from these MOUs.

On the same day, President Yoon also called for cooperation in the reconstruction of Ukraine. He stated, "The reconstruction of Ukraine will open a new chapter in bilateral cooperation," and added, "I held a meeting with Korea's leading construction and infrastructure companies accompanying this visit and pledged to spare no support necessary for Ukraine's reconstruction."

This content was produced with the assistance of AI translation services.