Ministry of Economic Affairs and Communications of the Republic of Estonia

07/09/2019 | Press release | Distributed by Public on 07/09/2019 01:41

South Korea's Telecom Company is looking for cooperation opportunities in Estonia

The Ministry of Economic Affairs and Communications signed a Memorandum of Understanding with SK telecom, a South Korean telecommunications company, to promote mutually beneficial cooperation.

According to Viljar Lubi, Undersecretary for Economic Development, cooperation between Estonia and SK Group has quickly developed since October 2018 when Estonia's President Kersti Kaljulaid visited South Korea.

'The memorandum signed with SK Telecom confirms the interest of both parties to cooperate in the areas that are important for Estonia as the world's leading e-country,' Lubi noted.

SK has previously co-operated with Estonian Genome Center, and representatives of the company have visited Estonian (technology) companies and state institutions on several occasions, including the State Information System Agency, the Center of Registers and Information Systems and the Ministry of Economic Affairs and Communications.

The purpose of this memorandum is to create further contacts with various Estonian companies and research institutions so that they can share their experiences in areas such as artificial intelligence, e-residency and industrial innovation, and to work together in these areas in third countries.