The document was signed on 28 November 2013 during the Black Nights Film Festival Industry Days in Tallinn by Kim In Soo, Secretary General of the Korean Film Council (KOFIC), and Edith Sepp, Director of the Estonian Film Institute. Effective for an initial period of two years with an option for automatic extension, the memorandum outlines support for coproductions between Korea and Estonia. It also names other priority areas for co-operation, including exchanges between the two institutions and mutual promotion of film industry events and festivals.
The first two Korean-Estonian coproductions are scheduled for shooting in 2014.
