The Ministry of Patriots and Veterans Affairs and the Korea Trade-Investment Promotion Agency (KOTRA) said on the 13th that they signed a memorandum of understanding (MOU) on the preservation, management, and revitalization of overseas sites of national merit at the Seoul Regional Office of Patriots and Veterans Affairs.
KOTRA will use its overseas trade offices to support the preservation, management, and revitalization of overseas sites of national merit and promote policy projects for those sites. The Ministry of Patriots and Veterans Affairs will support the provision of information on overseas sites of national merit to expand overseas information.
KOTRA believes that active participation in these projects will not only deepen friendly cooperation with host countries, but also raise the level of familiarity between our corporations and local corporations, helping overseas business.
In particular, it expects to further strengthen business cooperation between the two sides with countries that fought in the Korean War, based on a shared historical awareness of having devoted themselves to freedom.
Kang Kyung-sung, president of KOTRA, said, "We will support projects to revitalize overseas sites of national merit to boost the pride of the people and serve as a foundation for corporations' overseas expansion," and "We will also strengthen partnerships with overseas corporations as an extension of historical trust between nations to help raise export performance."