South Korea and the United States will hold regular talks on space development beginning next year.
 
The Ministry of Science, ICT and Future Planning said Sunday that President Park Geun-hye and U.S. President Barack Obama agreed to conclude a space cooperation pact in the near future and to hold regular talks on the matter between the two countries from the first half of next year.
 
South Korea hopes that the talks will enable discussions on technology transfers.
 
During Park's trip to the United States, the two countries also agreed to step up cooperation in space, meteorology and the environment between related agencies.
 
As a result, the Korea Aerospace Research Institute and NASA agreed to sign a cooperation pact in the first half of next year.
 
The Korea Meteorological Administration also agreed to expand cooperation with the U.S. National Oceanic and Atmospheric Administration concerning weather forecasts and the development of meteorological satellites to prevent natural disasters stemming from climate change.