Korea and Bulgaria have signed a joint agreement that will improve conditions for Korean businesses and employees in the Eastern European nation.

Once the agreement is in effect Korean workers will be freed from making double pension payments, as they will no longer be compelled to register in the Bulgarian pension system.

An economic agreement was also signed with the Bulgarian foreign minister that should promote cooperation in industry and information technology.

The new measures should see an increase in the sharing of human resources and information between the two nations.

Arirang News