European Commission, BRUSSELS: During the EU/South Korea summit held in Helsinki today, the two parties formally signed an agreement on co-operation on the European satellite radio navigation programme GALILEO. The agreement provides for numerous areas of co-operation, including cooperative activities in the areas of scientific research and training, industrial cooperation, trade and market development, standards, certification and regulatory measures.
Welcoming the outcome of the negotiations, European Commission Vice-President Jacques Barrot declared:
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