Singapore – The Korea IT International Cooperation Agency (KIICA) and the Media Development Authority of Singapore (MDA) signed a Memorandum of Understanding (MOU) that underscores a joint commitment to facilitate and catalyze media co-productions between both countries. The KIICA has been appointed by the Korean Government to coordinate international cooperation and promotion activities relating to broadcasting and communications. Inked at the Asia Media Festival 2008 Country Showcase, the memorandum follows five previous agreements between the MDA and various Korean agencies representing the broadcast and film sectors. The MOU between MDA and KIICA will give rise to further opportunities for the co-production of digital broadcasting factual programmes, and serves to drive the exchange of information and best practices relating to the broadcasting industry. It also sets the foundation to encourage collaboration between Singaporean and Korean media companies through networking opportunities vis-à-vis delegation visits and industry meetings at major media trade events in Korea and Singapore.