Lee, Belgian PM agree to expand investment in batteries, energy, boost market access

The Korea Times

Lee, Belgian PM agree to expand investment in batteries, energy, boost market access

BRUSSELS — President Lee Jae Myung and Belgian Prime Minister Bart De Wever agreed Wednesday to work together to expand investment in each other's country by their companies in areas including the battery, materials and energy sectors. The two also agreed to work toward turning their countries into strategic footholds for each other's businesses in their expansion into their respective regions, according to a Korean presidential official. "The two sides agreed to expand cooperation in strategic industries in the future by promoting investment between companies from the two countries, particularly in the battery, materials and energy sectors," Cheong Wa Dae spokesperson Kang Yu-jung said of the Lee-De Wever summit held in Brussels. The Korean president is on a two-day visit here that began Tuesday. He is currently on a Europe trip that will later take him to Italy and then to France, where he is set to attend the Group of Seven (G7) summit. On the sidelines of the Lee-De Wever summit, Korea and Belgium also signed a memorandum of understanding (MOU) on strengthening cooperation in the d

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