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The Korea Occasions has signed a memorandum of understanding (MOU) with GR Korea, a authorities relations and public affairs service supplier.
Beneath the partnership, each events are set to share their experience to strengthen their competitiveness within the international market.
The three-year settlement outlines a framework for nonbinding collaboration centered on enhancing every get together’s competitiveness in worldwide markets. Whereas not a legally enforceable contract, the settlement alerts either side’ intent to purse concrete joint initiatives sooner or later.
“The 2 organizations could cooperate in a number of areas, together with information sharing on political tendencies, main coverage growth and key industrial points,” the settlement says.
It additionally requires co-hosting occasions, coverage boards and networking conferences in Korea and overseas.
They dedicated to sustaining confidentiality concerning any delicate info shared throughout the cooperation interval. Mental property rights for collectively developed supplies can be topic to separate agreements, and collectively owned within the absence of such agreements.
Both get together could search to increase the settlement for one yr with a written discover not less than 30 days earlier than the contract expires. Revision or termination of the settlement additionally requires 30-days’ written discover.
The Korea Occasions and GR Korea additionally plan to “discover promotional partnerships and collectively leverage home and international networks to boost visibility and model worth,” in keeping with the MOU. (Advertorial)
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