The South Korean government is set to sign a Trade and Investment Promotion Framework (TIPF) with the Czech Republic in support of nuclear power plant orders. This agreement, which does not require parliamentary ratification, aims to enhance economic cooperation and is part of a broader strategy to expand trade relations with multiple countries. The TIPF, already signed with 23 countries and targeting 40, provides a platform for customized cooperation plans in various industries, including energy and high-tech sectors like hydrogen, semiconductors, and secondary batteries. The TIPF plays a crucial role in facilitating trade agreements and establishing a 'customized cooperation system' with countries that lack traditional channels. By promoting economic dialogue and practical cooperation measures, both countries aim to boost bilateral trade significantly. The focus extends beyond nuclear power plants to include collaboration in other key sectors, emphasizing the potential for long-term economic ties and mutual benefits. With the growing trade between South Korea and the Czech Republic, experts anticipate a substantial increase in bilateral trade volume with the implementation of TIPF and the development of various industry partnerships. The agreement signifies a strategic move towards market growth and stronger economic ties, paving the way for sustained communication and cooperation between the two nations.