S. Korea, Indian Ocean island states to boost ties in maritime, food security sectors

What happened: South Korea's foreign ministry signed a memorandum of understanding with the Indian Ocean Commission on the Korea-IOC Cooperation Fund, launched this year, to set a framework for the fund and its effective use. Key numbers: Agreement signed Oct. 7; IOC comprises four African island states plus France. Why it matters: Seoul plans cooperation projects in maritime security, climate change response, fisheries and food security, and will strengthen monitoring and oversight of the projects.

South Korea's foreign ministry signed a memorandum of understanding with the Indian Ocean Commission on the Korea-IOC Cooperation Fund, launched this year, to set a framework for the fund and its effective use.

Seoul plans cooperation projects in maritime security, climate change response, fisheries and food security, and will strengthen monitoring and oversight of the projects.