The Korea Rural Economic Institute (KREI) signed a Memorandum of Understanding (MOU) with Pusan National University on September 23 at the university's main administration building to strengthen cooperation in agricultural and rural policy research and exchanges.

Under the terms of the MOU, the two institutions agreed to collaborate on:

Sharing information and human networks related to agriculture and rural areas,

Conducting comprehensive studies on rural economy, social development, food industry, and food technology,

Exchanging expertise, as well as human and material resources, to share experiences and know-how.