There was MOU signing between the Graduate School of International Studies(GSIS), SNU and POSCO Asia Fellowships on October 13, 2016. The mutual agreement was signed between Prof. Cheol Hee Park, dean of GSIS and Mr. Jaewoon Yang, Executive Director of POSCO Asia Fellowship. Both organization have agreed to promote friendly relationship and discussed over the way of supporting the scholarship students. POSCO Asia Fellowship was found with the goal of mutual understanding through people-to-people exchanges and cooperation between countries, based on the idea that stronger mutual interest between individuals leads to stronger mutual interests between nations and contributes to world peace and mutual prosperity. The Foundation of POSCO Asia Fellowship aims to promote exchanges and cooperation of young talents in scholarship, academic, and cultural fields, improving mutual understanding of Asia, and to increase the understanding of Korea and the intimacy with the country. The Fellowship supports scholarship for Asian Students studying in Korea.