Dhaka, Seoul sign 3 instruments

Bangladesh and South Korea today signed three instruments for bolstering cooperation in the fields of trade and investment, diplomacy and culture between the two countries.

The instruments were signed following the official talks between Prime Minister Sheikh Hasina and her South Korean counterpart Lee Nak-yon at the Prime Minister’s Office here this afternoon. The two premiers witnessed the signing ceremony.

The instruments are:

1. A memorandum of understanding (MoU) on cooperation between the Korea National Diplomatic Academy of Ministry of Foreign Affairs and the Foreign Service Academy of the Ministry of Foreign Affairs of Bangladesh.

2. An MoU between the Korean Trade Investment Promotion Agency of South Korea and Bangladesh Investment Development Authority on cooperation in the field of investment promotion.

3. A Cultural Exchange Programme between Bangladesh and South Korea for the years 2019-2023.

Vice Foreign Minister of South Korea Lee Taeho and Principal of Foreign Service Academy, Dhaka Syed Masud Mahmood Khundoker signed the first MoU on behalf of their respective sides.

The second MoU was inked by Chief Executive Officer of Korea Trade – Investment Promotion Agency (KOTRA) Kwon Pyung- Oh and Executive Chairman of Bangladesh Investment Authority BIDA Kazi M Aminul Islam.

The document on Cultural Exchange Programme was signed by Vice Foreign Minister of South Korea Lee Taeho and Secretary-in-Charge of Cultural Affairs Ministry, Bangladesh Dr Abu Hena Mostafa Kamal.