The Russian space agency hopes to develop ground infrastructure for the launch of South Korea's KSLV-2 rocket.

Russia's Roscosmos state corporation could participate in the development of ground infrastructure for the launch of the South Korean KSLV-2 rocket, the head of Roscosmos said Saturday.

"A memorandum will be signed now and we hope that it will be followed by an agreement, contracts, joint actions on [the development] of ground infrastructure for the KSLV-2 rocket and all corresponding works," Igor Komarov told reporters at the Eastern Economic Forum.