South Korea, Nicaragua sign MOU on ICT cooperation

By Park Sae-jin Posted : October 21, 2014, 17:00 Updated : October 21, 2014, 17:00

 

South Korea and Nicaragua Tuesday signed a memorandum of understanding (MOU) for mutual cooperation in the field of ICT technology, which is considered a "stepping-stone" to help South Korean businesses make inroads into Central and South Americas.

The signing took place in Busan, South Korea, following talks between Choi Yang-hee, South Korea's minister of science, ICT and future planning, and his Nicaraguan counterpart on the sidelines of the 19th ITU Plenipotentiary Conference, which kicked off Monday.

The MOU calls for cooperation in software, high-speed Internet, mobile networks, digital content, big data and human resources development, South Korean officials said. 

Under the MOU, the two governments will also establish a joint committee to discuss ways of promoting exchanges of experts, and carrying out joint researches and education and training programs, they said.
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