Greater skills collaboration with South Korea
7 November 2014
The Australian Government is laying the foundation for greater skills and training collaboration with South Korea, with the signing of a Memorandum of Understanding today.
Australian Industry Minister Ian Macfarlane today signed the MOU with his Republic of Korea counterpart with responsibility for skills, Minister Lee Ki-Kweon, at a ceremony in Seoul.
The Memorandum of Understanding for cooperation in technical vocational education and training (VET) will open up opportunities for Australia and Korea to work together, particularly on technical aspects of standards and qualifications.
Minister Macfarlane said the Korean skills sector was expanding rapidly and represented a great opportunity for Australian training providers involved in international education.
“There are many benefits for Australia from working more closely with Korea on skills and training, and this MOU will help take cooperation to a higher level,” Minister Macfarlane said.
“Korea is already the third largest source of international VET students coming to Australia, and we want to see the numbers of Korean students keep growing.
“Working together on standards and qualifications will benefit Australian training providers by making it easier for them to gain entry and expand in the Korean market.”
Minister Macfarlane said Australian employers would also benefit as it would make it easier to identify the skills of Korean workers migrating to Australia, or skills available for Australian companies looking to establish operations in Korea.
There were over 9,600 enrolments from Korean students in VET courses in the year to the end of August 2014, an increase of 17 per cent on the previous year.
In April this year, the Australian and Korean Governments signed the Korea-Australia Free Trade Agreement that substantially liberalises trade and investment between the two nations.
Media contact: Mr Macfarlane’s office 02 6277 7070