Greek shipping minister meets with South Korean ambassador to discuss greater collaboration

Shipping & Island Policy Minister Christos Stylianides met with the Ambassador of the Republic of Korea, Jung Il Lee, on October 7 2023

Shipping & Island Policy Minister Christos Stylianides met with the Ambassador of the Republic of Korea, Jung Il Lee, on Friday.

Stylianides noted that Korean shipyards have always been a very important business partner of Greek shipowners, a ministry statement said.

The minister noted that the Greek-Korean shipping collaboration should incorporate the Greek maritime technology products in Greek orders built in South Korea, as the equipment sector in Greece is dynamic and provides high-quality products.

The Greece-South Korea cooperation memorandum in the maritime and shipbuilding industry (2014) and the Free Trade Agreement (FTA) between South Korea and the EU were also mentioned, the latter being the EU's first trade agreement with an Asian country.

Both Greece and South Korea have a constructive collaboration both bilaterally and within the International Maritime Organization (IMO) framework. They also both support IMO's role in regulating international shipping and adopting and implementing effective rules for environmental protection.

The South Korean ambassador emphasised the potential expansion of the two countries' shipping collaboration. He underlined Greece's leading role in international shipping and highlighted South Korea's vanguard shipbuilding industry.

He also spoke of cooperation in common interests, such as the decarbonisation of ships.

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