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Reading: Al-Assar, Korean defence minister explore areas of possible joint cooperation in military, civilian industries
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Dailynewsegypt > Blog > Business > Al-Assar, Korean defence minister explore areas of possible joint cooperation in military, civilian industries
Business

Al-Assar, Korean defence minister explore areas of possible joint cooperation in military, civilian industries

Hossam Mounir
Last updated: 2017/10/21 at 4:41 PM
By Hossam Mounir 2 Min Read
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Minister of State for Military Production Mohamed Al-Assar met South Korean Defence Minister Song Young-moo during his visit to the Seoul International Aerospace and Defence Exhibition (ADEX Seoul 2017). The two sides discussed means of joint cooperation in the fields of defence and civilian manufacturing, and the possibility of exchanging technological expertise between the two countries in order to introduce the latest modern manufacturing methods in line with the requirements of the current stage.

Al-Assar also met with Jeon Jei-guk, head of the Defence Acquisition Programme Administration (DAPA). He stressed his interest in establishing a strong relationship between the Egyptian military production companies and Korean defence companies.

The two sides agreed to form a joint committee to follow up on the cooperation between the two sides, headed by Jei-guk and Al-Assar. The first meeting of the committee will be held in Cairo in the presence of a large delegation of representatives of companies working in the field of Korean defence industries.

During the visit, Al-Assar also met with Polish Deputy Defense Minister Michael Dvorchik. They discussed bilateral cooperation in the field of defence systems. In addition, Al-Assar also met with the heads of Korean specialised companies in order to enhance the joint industrialisation opportunities of these companies for the Egyptian military production plants.

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TAGGED: Minister of State for Military Production, Mohamed Al-Assar, Song Young-moo, South Korean Defence Minister
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Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
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IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
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Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Business
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