Korea Maritime Institute Designated as a Specialized Institution for International Development Cooperation in Maritime Affairs
[Asia Economy Reporter Joo Sang-don] On the 28th, the Ministry of Oceans and Fisheries announced on the 27th that it will designate the Korea Maritime Institute as a specialized international development cooperation (ODA) agency to carry out tasks related to international development cooperation in the maritime and fisheries sector.
The Ministry of Oceans and Fisheries is implementing a total of 23 ODA projects, including the "Indonesia Marine Waste Management Improvement Project," to smoothly promote the New Southern Policy and strengthen cooperation in the maritime and fisheries sector with coastal countries. However, there had been difficulties in systematically carrying out these tasks due to the absence of an agency specializing in managing ODA projects.
Accordingly, the Ministry conducted a public contest from September 22 to October 8 to designate a specialized ODA agency, with the Korea Maritime Institute and the Korea Rural Community Corporation participating. Subsequently, on the 20th, the Ministry held an evaluation committee meeting composed of experts from related universities and public institutions, and finally designated the Korea Maritime Institute.
The Korea Maritime Institute will perform tasks such as discovering and managing maritime and fisheries ODA projects, evaluation, building databases, and promotion for the next three years. Based on the performance and achievements during the three years, the designation period can be extended up to two additional years.
Hot Picks Today
After Topping 8,000 Instead of Hitting 10,000... KOSPI Plunges—When Will It Rebound?
- "Samsung and Hynix Were Once for the Underachievers"... Hyundai Motor Employee's Lament
- [Breaking] Court Rules Against Samsung Electronics Union...1 Billion Won per Day Penalty for Exceeding Strike Scope
- Six Economic Organizations Urge Withdrawal of Samsung Electronics Strike Plan...Warn of National Loss of Opportunity
- "That? It's Already Stashed" Nightlife Scene Crosses the Line [ChwiYak Nation] ③
Woo Dong-sik, Director of International Cooperation Policy at the Ministry of Oceans and Fisheries, said, "With the designation of a specialized agency, we expect to not only promote systematic maritime and fisheries ODA policies but also strengthen maritime and fisheries international cooperation with coastal countries, including through the New Southern Policy."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
