Hanban provides a grant for the establishment of Confucius Institute at Woosuk University

Project narrative

On February 1, 2009, the Confucius Institute Headquarters (Hanban) and Woosuk University signed an agreement to establish the Confucius Institute at Woosuk University. As part of the agreement, Hanban is obligated to provide teaching materials, an annual fund, and numbers of Chinese instructors. The funds are dispersed through a local Bank of China account or other approved bank account created by the institute. The agreement has a 5-year validity and automatically renews at the end of every 5-year term. In 2009, Woosuk University and Shandong Normal University (山东师范大学), the cooperating partner, signed a supplementary implementation agreement. Shandong Normal University agreed to provide one or two visiting scholars annually, donate teaching materials, and receive student study groups. The Confucius Institute was officially established on June 19, 2009. It was the 14th Confucius Institute to be established in South Korea.