KOTRA and Hankuk University of Foreign Studies to Train International Regional Trade Experts

Establishment of Master's Program in Korean International Regional Strategy
Recruitment of New Students Scheduled from Early 2024

KOTRA and Hankuk University of Foreign Studies (HUFS) signed a Memorandum of Understanding (MOU) on the 25th to train international regional trade experts.

This agreement was made to combine HUFS’s expertise in international regional studies with KOTRA’s global field experience and network, in order to establish a training program for business personnel equipped with both theoretical and practical global regional expertise. To actively respond to the localization demands in the era of deglobalization, a new master's program in Korean International Regional Strategy (KOTRA-HUFS Cooperative Special Trade Program) will be jointly operated within the Graduate School of International Area Studies at HUFS.

KOTRA Headquarters Exterior.
Photo by Asia Economy DB

This program will offer an advanced regional study curriculum by overseas region and country, as well as a specialized curriculum that can respond to the rapidly changing global trade environment, including digital transformation, global value chain restructuring, and carbon neutrality. To this end, instructors with extensive overseas work experience from KOTRA will also participate as faculty to provide on-site training.

After signing the agreement, the recruitment guidelines for the newly established department will be finalized, and admissions will begin for new students in the first semester of 2024.

Park Jung-woon, President of HUFS, said, "The significance of this agreement is that the two institutions, which have built a close cooperative relationship, have created an opportunity to train global business experts with a high understanding of export markets through a differentiated education model. Through training international regional trade experts, it will contribute to the development of Korea’s trade business and export diversification."

Yoo Jung-yeol, President of KOTRA, emphasized, "In a situation where localization trends such as the restructuring of global supply chains are intensifying, the synergy effect will be maximized as KOTRA’s overseas network and HUFS’s strengths in area studies harmonize academically and regionally. We will do our best to train global business personnel needed by export companies through the establishment of a new industry-academia cooperation model between KOTRA and HUFS."

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