Dubai: Dubai Financial Market (DFM) said on Wednesday it has agreed with Korea Securities Depositary to promote co-operation and develop post trade securities market infrastructure between Dubai and Korea.

“We look forward to see this MoU put into practice paving the way for both the DFM depository and the KSD to get the most out of this MOU and foster the relation between our country and Korea,” said Eisa Kazim, Chairman of DFM.

The two companies will explore new service area; establish new systems, exchange of personnel through cross training program.