{"id":79172,"date":"2023-08-28T01:00:48","date_gmt":"2023-08-28T01:00:48","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/08\/28\/oman-and-south-korea-strengthen-green-transition-cooperation-plus-s-korea-looks-to-sign-free-trade-agreements-with-seven-ems\/"},"modified":"2023-08-28T01:00:48","modified_gmt":"2023-08-28T01:00:48","slug":"oman-and-south-korea-strengthen-green-transition-cooperation-plus-s-korea-looks-to-sign-free-trade-agreements-with-seven-ems","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/08\/28\/oman-and-south-korea-strengthen-green-transition-cooperation-plus-s-korea-looks-to-sign-free-trade-agreements-with-seven-ems\/","title":{"rendered":"Oman and South Korea strengthen green transition cooperation PLUS: S. Korea looks to sign free trade agreements with seven EMs"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a><strong>Oman + S. Korea bolster cooperation in green energy:<\/strong> Oman\u2019s Energy and Minerals Ministry has signed an MoU with South Korea\u2019s Environment Ministry to strengthen and develop bilateral cooperation in the green transition, <a href=\"https:\/\/www.omannews.gov.om\/topics\/ar\/7\/show\/422099\/ona\">ONA<\/a> reports. The MoU aims to encourage the two countries to cooperate in green transition programs and policies and environmentally sustainable techniques in the production, storage, distribution, and use of green energy. It also aims to build capacity in industries that help contribute to the green transition and other aspects of cooperation.<\/p>\n<p><strong>REMEMBER- <\/strong>A consortium led by South Korea\u2019s steelmaking company Posco Group <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f13d49f5-621e-4fc7-84f9-c254d8a9b06f\">was<\/a><a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/f13d49f5-621e-4fc7-84f9-c254d8a9b06f\">awarded in June<\/a> a USD 6.7 bn contract to set up what it described as the world\u2019s largest green hydrogen plant in Oman\u2019s Duqm. The project comes under Oman\u2019s plan to become a green hydrogen hub, with a recent <a href=\"https:\/\/ent.news\/2023\/6\/1384.pdf\">IEA report (pdf)<\/a> saying that the Gulf country is on track to become the <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/95960906-4e15-4ecb-8c7c-2cd4bd1841d6\">sixth-largest exporter of hydrogen globally<\/a>. Meeting Oman\u2019s target of producing 1 mn tons of low-carbon hydrogen annually by 2030 will require a 50 TWh increase in renewable power, which is more than the current size of the country\u2019s entire electricity system.<\/p>\n<p><strong>IN OTHER DIPLO<\/strong><strong> NEWS<\/strong>- <strong>South Korea is pushing with efforts to sign free trade <\/strong><strong>agreements with seven emerging markets including Morocco<\/strong>, <a href=\"https:\/\/en.yna.co.kr\/view\/AEN20230825004300320\">Yonhap News Agency<\/a> reported on Friday, citing the country\u2019s Trade, Industry, and Energy Ministry. It is working to sign a bilateral Economic Partnership Agreement with Kenya, Tanzania, Morocco, Thailand, Pakistan, Serbia, and the Dominican Republic. \"The seven nations bear high growth potential and have ample room for mutually beneficial cooperation with South Korea,\" said Seoul's Deputy Minister for Trade Negotiations Roh Keon-ki.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oman + S. Korea bolster cooperation in green energy: Oman\u2019s Energy and Minerals Ministry has signed an MoU with South Korea\u2019s Environment Ministry to strengthen and develop bilateral cooperation in the green transition, ONA reports. The MoU aims to encourage the two countries to cooperate in green transition programs and policies and environmentally sustainable techniques [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":79173,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62],"tags":[61,11,39,45,92,88,299],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-79172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-diplomacy","tag-climate-diplomacy","tag-enterpriseclimate","tag-green-hydrogen","tag-morocco","tag-oman","tag-renewables","tag-south-korea","wpautop","entry"],"acf":{"mongo_id":"0fb94c8a-ba02-4e96-8d8a-3239081b1a19","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/8\/2343.jpeg","photo_position":"above","related_issue":[79156],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Oman and South Korea strengthen green transition cooperation PLUS: S. Korea looks to sign free trade agreements with seven EMs - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/28\/oman-and-south-korea-strengthen-green-transition-cooperation-plus-s-korea-looks-to-sign-free-trade-agreements-with-seven-ems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oman and South Korea strengthen green transition cooperation PLUS: S. Korea looks to sign free trade agreements with seven EMs\" \/>\n<meta property=\"og:description\" content=\"Oman + S. Korea bolster cooperation in green energy: Oman\u2019s Energy and Minerals Ministry has signed an MoU with South Korea\u2019s Environment Ministry to strengthen and develop bilateral cooperation in the green transition, ONA reports. The MoU aims to encourage the two countries to cooperate in green transition programs and policies and environmentally sustainable techniques [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2023\/08\/28\/oman-and-south-korea-strengthen-green-transition-cooperation-plus-s-korea-looks-to-sign-free-trade-agreements-with-seven-ems\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-28T01:00:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/8\/2343.jpeg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/08\/28\/oman-and-south-korea-strengthen-green-transition-cooperation-plus-s-korea-looks-to-sign-free-trade-agreements-with-seven-ems\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2023\/08\/28\/oman-and-south-korea-strengthen-green-transition-cooperation-plus-s-korea-looks-to-sign-free-trade-agreements-with-seven-ems\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Oman and South Korea strengthen green transition cooperation PLUS: S. 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