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EU, South Korea seal Galileo agreement

Last week the EU and South Korea reached an agreement allowing the latter’s participation in Europe’s satellite radio-navigation program, Galileo. The agreement, sealed after six months of talks, provides for cooperation in research and training, standards, trade and market development. The agreement also confirms the EU ambition to further stimulate international cooperation. The ever growing interest of third countries to participate in the Galileo program represents a big boost for the GNSS market.