Posco, Samsung, Among Korean Companies to Sign Congo Deals
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South Korean President Lee Myung Bak led a delegation representing companies including Samsung C&T Corp., Pohang Iron and Steel Co. and Korea National Oil Corp. in signing seven agreements with Democratic Republic of Congo.
The two countries will cooperate on projects ranging from copper and cobalt mines to oil exploration, water infrastructure and solar energy, Congo’s Prime Minister Adolphe Muzito said yesterday at a signing ceremony with Lee in Kinshasa, the capital, without giving details.