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South Korea and Kazakhstan Forge Nuclear Energy and Mineral Cooperation Pact

Seoul: South Korea and Kazakhstan have entered into a memorandum of understanding focused on the peaceful use of nuclear energy, as their leaders have agreed to enhance collaboration in critical minerals, artificial intelligence, and other strategic sectors. This agreement was reached during a meeting between South Korean President Lee Jae Myung and Kazakh President Kassym-Jomart Tokayev at the Blue House in Seoul, marking a significant step in the bilateral relations during Tokayev's state visit.

According to Anadolu Agency, a total of 13 agreements and memorandums of understanding were signed between the two nations, underscoring a commitment to elevate their relationship to a future-oriented comprehensive strategic partnership. The focus of these agreements includes cooperation in energy, science and technology, infrastructure, and cultural exchange.

Kazakhstan is eager to attract more South Korean investment and technological expertise to harness its vast mineral resources, which are vital to high-tech industries and global supply chains. Meanwhile, South Korea aims to diversify its sources of critical minerals and energy in response to the increasing uncertainties in global trade.

President Lee emphasized Kazakhstan's importance, remarking, "Kazakhstan is rich in energy and resources and holds great potential in advanced future-oriented industries, making it a key partner for Korea's economic security." He further noted the potential for Korea to contribute to the advancement of Kazakhstan's industrial technology through cutting-edge manufacturing and digital advancements.

Tokayev's visit precedes the inaugural South Korea-Central Asia summit in Seoul, which will convene President Lee and the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The summit is set to address issues surrounding trade, investment, energy, critical minerals, and resilient supply chains, as South Korea seeks to deepen its economic ties with the resource-rich Central Asian region.