KOTRA and the Korea Yongmoodo Association signed an MOU agreement for the fully-fledged deployment of an overseas Yongmoodo on June 29. Yongmoodo is Korean martial arts and reconstitution into a comprehensive martial arts system combining by Judo, Taekwondo, Boxing, and Wrestling.
Through this MOU agreement, KOTRA plans to support the international public relations for Yongmoodo via its overseas network and business cooperation with foreign governments who desire the institution of Yongmoodo. KOTRA also arranges overseas affiliated body recruitment as part of the ongoing franchise business.
An official from KOTRA said, "Expanding support for Yongmoodo's overseas member recruitment prospects for globalization of indigenous martial arts is a good opportunity to activate the overseas expansion of domestic service industries and with this overseas expansion of indigenous martial arts, KOTRA will give comprehensive support to foster the 2nd and 3rd Taekwondo."
The success possibility of advancing the world market for Yongmoodo has already been proven in Indonesia. Last 2008, the Indonesian Army adopted Yongmoodo as the official military arts and a Korean master is responsible for training Special Forces troops in Indonesia.
SOURCE: KOTRA