Korea, Qatar agree to boost trade
President Moon Jae-in, right, shakes hands with Emir Sheikh Tamim bin Hamad Al Thani, left, Qatar's head of state, at the start of their summit at Cheong Wa Dae, Monday. YonhapBy Kim Yoo-chulLeaders of South Korea and Qatar agreed to expand bilateral trade and economic cooperation at a summit in Seoul, Monday.President Moon Jae-in and his Qatari counterpart Emir Sheikh Tamim bin Hamad Al Thani agreed to boost bilateral cooperation in areas of smart farming, smart grid, education and training, according to Cheong Wa Dae.The visit came as South Korean shipbuilders are bidding to win contracts for building liquefied natural gas (LNG) carriers from Qatar Petroleum (QP). QP is a state-owned oil company in Qatar, which recently decided to expand its fleet by up to 60 LNG carriers.“Given the geopolitical locations, both Qatar and South Korea are ideally positioned to expand bilateral tie-ups in shipping and shipbuilding. As the global shipbuilding and shipping industries are putting more focus on eco-friendly vessels, if Qatar replaces its outdated vessels with those powered by LNG, t
Jan 28, 2019By Kim Yoo-chul