MoU signed between CzechInvest and Korean Trade Insurance Corporation

On 2 December 2015, during president’s Park Geun-hye visit to the Czech Republic, CzechInvest signed Memorandum of Understanding (MoU) with Korean trade insurance agency K-sure. The purpose is to establish the framework of cooperation between the parties in supporting the investment of Korean companies.

By signing the MoU K-sure endeavours to support Korean investors through export credit and investment insurance while CzechInvest agrees on helping K-sure and Korean investors to engage in prospective projects and coordinate business matchmaking in the Czech Republic. The agreement was signed in Prague between Mr. Karel Kučera, CEO of CzechInvest and Mr. Kim Young-hak, Chairman and President of K-sure.