Belarus and Republic of Korea intend to establish joint factory for producing household appliances

The House of Representatives has hosted a meeting between Belarusian MPs and a South Korean delegation, dedicated to increasing mutual trade turnover. So far,Korearanks 33rd amongBelarus" trade partners. In the past two years there has been a significant increase in the export of Belarusian food products, timber and polyamides. There are plans to set up a joint factory for producing television sets and panels with a South Korean company.Seoulis also interested in Belarusian IT-products.Since visa-free regime would contribute to business intensification,BelarusandKoreahave resumed working on a short-term visa-free travel agreement.