October 30, 2017: a delegation of Gwangju Institute of Science & Technology met with representatives of the local business community. The gathering was held at the conference room of the Taganrog Interregional Chamber of Commerce and Industry (TICCI).

The goal of the South Korean delegation was to establish contacts with VEKTOR Marine Electronics Design Bureau - a company member of TICCI. Director and chief designer of Vektor LLC Mr. Alexander Dolgov shared his plans of cooperation and joint activities with Gwangju Institute of Science & Technology (GIST) in the areas of research and developing advanced underwater sound equipment to control the fish length, to estimate its quantity and biomass to be used in aquafarming.

In the course of the meeting, TICCI's senior vice-president Mrs. Olga Medlock told the guests about the association's history and activities, its mission and interaction with local and state authorities in the interests of regional business community.

Professor of GIST Mr. Kiseon Kim gave full marks for VEKTOR Marine Electronics Design Bureau's technological level and highlighted the importance of further cooperation with the Russian company. At the end of the meeting the Taganrog-based design bureau and the South-Korean university signed a memorandum of understanding on cooperation.