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Minister of Industry and Trade of Russia and Minister of Trade of South Korea sign memorandum on cooperation for INOPROM-2018

06 September 2017
Minister of Industry and Trade of Russia and Minister of Trade of South Korea sign memorandum on cooperation for INOPROM-2018

Vladivostok, September 06, 2017. On September 06, 2017 at the Eastern Economic Forum held in Vladivostok, the Minister of Industry and Trade of the Russian Federation Denis Manturov and the Minister of Trade, Industry and Energy of the Republic of Korea Paik Un-gyu signed a memorandum on cooperation for the International Industrial Trade Fair INNOPROM-2018.
In 2018, Korea will serve as the Partner Country of the Ninth International Industrial Trade Fair INNOPROM that takes place in Ekaterinburg every summer. The Memorandum secures the Partner Country status of South Korea and specifies main participation objectives, including the development of bilateral cooperation in the trade of goods and services, expansion of business ties, and increase in the volume of mutual industrial investment.
At INNOPROM-2018, the Republic of Korea will present its national exhibit and organize events as part of the Business Program, including the Russia-Korea business forum.
In the near future, Russia and Korea will meet to sign a cooperation agreement and appoint the members of the Russia-Korea working group responsible for preparing Korea's participation in INNOPROM.
International Industrial Trade Fair INNOPROM has been held since 2010. In 2012, the federal status was conferred upon INNOPROM by the Government of the Russian Federation. The Ninth International Trade Fair will be held on July 9-12, 2018. INNOPROM-2018 theme: Digital Production. INNOPROM is organized by the Ministry of Industry and Trade of the Russian Federation. Formika Group is the official event Operator.


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