13-14.07.2023 Polish Automotive Industry Association signatory to the Memorandum of Cooperation on Electric Vehicle Batteries at the Poland-Korea Economic Forum

On 13 and 14 July 2023, the Polish-Korean Economic Forum took place. The event was attended by the Presidents of both countries - President Andrzej Duda and President of the Republic of Korea Yoon Suk-yeol, as well as the Minister of Development and Technology - Waldemar Buda and the Korean Minister of Trade, Industry and Energy Chang-Yang Lee, who signed a Memorandum of Cooperation on trade and investment promotion, including in particular trade exchange, investment promotion and industrial cooperation.
An extremely important part of the forum - from the point of view of the automotive industry - was the signing of the Memorandum of Cooperation on Electric Vehicle Batteries between the Korea Battery Industry Association "KBIA" and the Polish Automotive Industry Association.
The memorandum, aims to promote cooperation between member companies and foster mutual strategic business relationships. The cooperation will take place in several areas - including the exchange of information on industry trends, policies and regulations; the provision of support to member companies and cooperation on issues related to technology development. The agreement aims to support the development of the battery industry in Korea and Poland and improve the safety, reliability and sustainability of the global battery supply chain between the two countries.