Seoul: Senior officials of Seoul and Washington met in Seoul on Monday to discuss ways to deepen bilateral cooperation between South Korean and U.S. space companies, the foreign ministry said. Park Jong-han, deputy foreign minister for economic affairs, and Taylor Jordan, director of the Office of Space Commerce at the U.S. Department of Commerce, took part in the talks, according to the ministry.

According to Yonhap News Agency, Park emphasized the importance of bilateral cooperation in establishing a trustworthy supply chain and for joint entries into overseas markets amid a rapidly expanding global space economy. The meeting highlighted the strategic significance of collaboration in the space sector and the potential benefits for both nations in terms of technological advancement and economic growth.