Ministry of Culture and KDI Collaborate on Overseas Policy Promotion and Economic Information

Joint Production of Analytical Reports on Major Overseas Issues

Hwang Hee, Minister of Culture, Sports and Tourism, is exchanging the agreement document with Choi Jung-pyo, President of the Korea Development Institute (KDI), at the Ministry of Culture, Sports and Tourism and KDI business agreement ceremony for mutual cooperation in overseas policy communication held on the 23rd at the Ministry of Culture, Sports and Tourism conference room in Building 15, Government Complex Sejong, Sejong City.

The Ministry of Culture, Sports and Tourism and the Korea Development Institute (KDI) signed a memorandum of understanding on the 23rd at the Government Complex Sejong to promote overseas policy publicity and cooperate on international economic information.

Going forward, the Ministry of Culture, Sports and Tourism will be able to utilize KDI's expert analysis on domestic and international economic issues and global current affairs in policy formulation. KDI will receive on-site support from affiliated institutions under the Ministry, such as the Overseas Cultural Promotion Agency and Korean Cultural Centers abroad, during overseas promotional activities. Additionally, the Ministry and KDI will jointly produce in-depth analytical reports on specialized topics related to major overseas issues. An official stated, "We are also planning discourse on exchange and cooperation systems with leading international organizations worldwide and international values post-COVID-19," adding, "We plan to organize sector-specific forums focusing on the economic field for foreign media."

KDI is Korea's first think tank in the social sciences sector. It supports the formulation of economic plans and policies tailored to domestic circumstances. It also maintains cooperative relationships with thirty-five international organizations and overseas research institutions, including the World Bank, the Organisation for Economic Co-operation and Development (OECD), the International Monetary Fund (IMF), and the Brookings Institution. Minister Hwang Hee of the Ministry of Culture, Sports and Tourism said, "We expect to establish a system that provides expert analysis on major global issues and helps foreign media understand key policies."

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