Local Government Fiscal Strengthening and Regional Economic Revitalization

[Asia Economy Reporter Kiho Sung] Seoul Mayor Oh Se-hoon will visit Jeju Provincial Office on the 3rd to sign the "Seoul Metropolitan City-Jeju Special Self-Governing Province Exchange Enhancement Memorandum of Understanding."


Through this agreement, Seoul and Jeju will further strengthen exchange cooperation in areas such as ▲promotion of the hometown love donation system ▲tourism exchange projects and promotion between Seoul and Jeju ▲activation of direct transactions of agricultural, marine, and special products between Seoul and Jeju ▲collaboration on future mobility urban air mobility (UAM) projects ▲exchange cooperation in culture, sports, and education fields.


Seoul Mayor Oh Se-hoon. Photo by Yonhap News

Seoul Mayor Oh Se-hoon. Photo by Yonhap News

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On this day, Mayor Oh will make a hometown love donation to Jeju, following Sangju in Gyeongsangbuk-do and Icheon in Gyeonggi-do, to promote local government financial expansion and regional economic revitalization, and will cooperate in mutual promotion of the hometown love donation system between Seoul and Jeju in the future.


After signing the agreement, Mayor Oh Se-hoon and Governor Oh Young-hoon will plant a ginkgo tree symbolizing Seoul and a camphor tree symbolizing Jeju at the lawn square of Hallasan Botanical Garden to strengthen exchange cooperation between the two local governments.



Mayor Oh expressed hope that continuous exchange activities will follow based on the Seoul-Jeju agreement and that the hometown love donation system will be further activated.


This content was produced with the assistance of AI translation services.

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