|
Korea's port city of Busan and Japan's Fukuoka are about to embark on a new era of economic cooperation.
The city of Fukuoka accepted Busan's offer to form a supra-regional economic zone to boost exchanges.
In March, Busan Mayor Hur Nam-sik offered his Fukuoka counterpart economic bilateral cooperation during his visit to the port city on Kyushu Island.
Both cities play key roles in their respective countries' automobile and heavy industries sectors. As part of the plan, the two cities will establish a council for economic cooperation to create closer links between their auto industries.
The cities will seek joint projects starting this month. And from next April to October they will decide on which additional projects to cooperate.
Since both cities are regional leaders in the automotive parts and heavy industries sectors, the partnership is raising hopes of expanded business opportunities.
Arirang News.
|
