![]() ![]() ![]() Once accomplished, it will widen the range and choices of Korea-related studies for Indonesian students and scholars. ![]() Currently, an effort to establish the Master Program in Korean Studies is underway at UGM. In addition, with the support from Korean Embassy and Korea-related institutions like Korea Foundation and KOICA, the departments have developed tremendously in the past five years. Supported by the scholars and researchers in Korean studies, both departments have shown an increasing trend of development. Both are to cater the increasing demand of young generations’ interest in Korea-related studies. Then, the Undergraduate Program of Korean Language was established at Faculty of Humanities, UI in 2006 and at Faculty of Cultural Sciences, UGM in 2007. In 2003 Faculty of Cultural Sciences, UGM established the 3-year program on Korean language. In this respect, it is also worth pointing out that two leading universities in Indonesia (Gadjah Mada University-UGM and University of Indonesia-UI) have placed themselves as the center of excellence for Korean studies in Indonesia-which indirectly support and maintain both countries’ relation. The presence of hundreds of Korean companies operating in Indonesia, the steady economic relation, and the increasing number of people visiting respective country especially the cultural exchanges between the two countries have partly shaped the bilateral ties between Indonesia and Korea. ![]() It is reported that such business partnership agreements could make Indonesia as South Korea’s main overseas investment hub in the world. In 2011 once again the governments of Indonesia and South Korea signed nine Memorandum of understandings (MoUs) in economic cooperation and investment. Both countries’ head of states have also stated their interest to continue develop the present relation. In 2009 Indonesia and Korea updated their five-decade long relationship by initiating a strategic partnership in various fields of cooperation. ![]()
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