The Korea Institute for Industrial Economics & Trade (KIET) and the European University Institute (EUI), a leading European inter-governmental institution, have agreed to a Memorandum of Understanding on March 31, 2020.
The EUI is an inter-governmental organization, established in 1972 to operate in the fields of higher education and research. The EUI has a three-pillar mandate:
(i) providing doctoral and post-doctoral researchers with advanced academic training;
(ii) fostering research and analysis related to the European integration process and shifts in politics in Europe and globally; and
(iii) delivering postgraduate and executive education on transnational governance mainly through its School of Transnational Governance.
The EUI has 24 Member States, and hosts an international community of more than 1,100 academic and administrative staff.
The MOU includes provisions for sharing economic and industrial information, conducting collaborative research, holding joint academic conferences, exchanging staff members, etc.