South Korea's Ministry of Trade, Industry and Energy said on Tuesday that Seoul and Canberra agreed to strengthen cooperation in carbon neutral fields and in securing key resources such as minerals and liquefied natural gas (LNG).
The ministry described Australia as Seoul's key trading partner that has the largest share of LNG, coal and iron ore imports in South Korea.
South Korean Trade, Industry and Energy Minister Lee Chang-yang (pictured) met with Australia's Minister for Climate Change and Energy Chris Bowen earlier in the day and also discussed investments and bilateral cooperation at the corporate level, according to Seoul.
