South Korea and Italy Sign MOU to Boost Social Solidarity Economy

South Korea and Italy have signed a memorandum of understanding (MOU). The agreement focuses on cooperation in the social solidarity economy sector. Both governments aim to share best practices and develop joint projects. The MOU was announced by Yonhap News Agency. It seeks to strengthen ties between the two countries in inclusive economic models. Participants plan to explore funding mechanisms for social enterprises. The partnership may serve as a model for other bilateral collaborations. Observers will watch for concrete initiatives emerging from the agreement.