KARACHI: In a welcome step, the Pakistan Taekwondo Federation (PTF) has signed a Memorandum of Understanding (MOU) with the prestigious Gyeonggido Taekwondo Association of Korea intending to cooperate in the development of matters of mutual interest of this sport in both the countries. The two agreed as partners for development in matters such as mutual health; to develop and execute joint projects.

On Pakistan's behalf Col (R) Waseem Janjua President, PTF; Mr. Omar Saeed, CEO; and Mr. Murtaza Bangash, Secretary; Mrs. Saba Shamim President Women Wing and Mrs. Farah Saeed Executive Member were present at the MOU ceremony while for Korea, the following team of persons was present: President GTA Kim Kyuengduk, Executive director, Kim Pyeong, Director GTA Moun Houisong, and Chairperson Om Kan Gsop. Gyeonggido Taekwondo Association has great organizational power from the 17 cities of the country.  The entering of the MOU between this prestigious Korean Association and the PTF is a good augury for the development of Taekwondo. Under the MOU, the two federations will share information and other related plans aimed at enhancement of the game at each and every level with the view to improving the working of both Federations in their respective arenas. Joint projects will be pursued together by both these federations so that they can see the light of day.

 They are also bound to share information when required regarding joint projects being pursued by the duo. "Exchange of visiting teams and persons between Pakistan and Korea, safeguarding each other rights and interests, exchanging information through means of communications available; and also focusing on areas which are underprivileged and under development. In the case of cultural exchange, the respective countries will bear their expenses, the content of the MOU says. Moreover, Taekwondo talent discovery, education support and visiting each other in time of need and other matters for mutual interest is also the objective.   

About the period and notice,  the MOU says: the agreement is effective for two years from the date of the signature of the representative of each organization. The agreement is changed or amended through cooperation in the event of any cause for change in the contest of the agreement.  The contract shall be automatically extended under the same conditions unless there is a signature notice regarding the denial of this contract from either party one month before the expiration of the contract. 

Published in The Daily National Courier, November, 17 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.