 Unlike most developing countries, Korea does not have a large rural population. First of all, I think it will be helpful for you to understand the rural convergence industry in Korea by briefly explaining the rural conditions in Korea. Next, I will explain how the rural convergence industry has been fostered at the regional level. Then a case study of a regional network analysis of rural convergence industry is explained. And finally, I will make implications and policy suggestions. Before explaining the Korean case in earnest, I would like to increase my understanding of the rural areas of Korea. In Korean government has tried to a variety of policies to keep pace with demographic and social changes. In particular, policies directly related to the topic of the today webinar are being promoted. Since the mid-20s, 2000s, the Korean government has been pursuing a full-scale rural industrialization policy. We are attempting to promote secondary or territory industrial activities by utilizing resource with pluralistic values in agriculture and rural areas. The project to foster regional specialties was carried out from 2008 to 2010. This program has been continued as a project to support the industrialization of rural resources from 2010 to the present. In addition, project to foster local agricultural clusters have been ongoing since 2005. The slide you see now shows how Korea's rural convergence industry policy has changed since the 1980s, 1990s, 2000s, and 2010s. Content and major projects are divided based on five categories. Secondary processing and experimental tourism services and rural industrial base and socio-economic conditions and local revitalizations. Until the 1980s, projects such as Sema factory which were accumulated for industrialization of agriculture and carried out during the Sema London in the 1970s were continuing. In the 1990s, various projects were supported to foster the processing industry based on agriculture and the OVOP policy was promoted in earnest by creating a special complex. In particular, the 1990s was a period in which restructuring of Korean economic was actively taking place with the opening of imports of crops, agricultural crops expanding and then the reduction of the labor force in rural areas intensified. The main goal was increase the economic ripple effects through the creation of agriculture and industrial complexes. In the 2000s, the core of the policy was to increase self-sufficiency by strengthening local capacity with the goal of regional innovation. After 2020s, the focus on 2010, the focus is on the plastic functions of agriculture and rural areas. Raising income, creating jobs and creating virtual circle structure through the population inflow was the biggest goal of the regional revitalization. In particular, Korea is making efforts to develop rural specialized industries as a regional job creation platform. Today's webinar is about OVOP, but Korea is discussing at the regional level, not the village level. Through the rice paddy project in Namhae, the southern part of Korean Peninsula is the number of jobs created 305% from 396 in 2015. Yeongwang is also the southern part of the Korean Peninsula, employs 1,436 people on increase of 2,295% compared to the 2,000 by making special products. And that are dried and salted with the theme of Gulbi, it means that some kind of fish and specialty product. The core of the rural regional, rural convergence industry nurturing policy is to make it work by integrating around the hub rather than doing individual businesses at the stage of the value chain, at every stage of value chain. The target has been expanded from supporting individual business entities to supporting front to back linking businesses. The policy goal has aimed to revitalize the economy and grow together in the rural areas going beyond increasing the income of individual businesses. For this work, for this to work, the key is the industrialized industrial policies and regional development policies are supported together in an integrated manner rather than support for the each industry individually. When supporting an individual business entity, the certified company is selected and professional counseling is supported and antenna shop is operated and basic fact finding is supported by government. At the regional level, networks are established for the sixth industrialization that is a link between a value chains, diffusions, aggregations and skate up and a regional level promotion system is established. In addition, integrated support will be provided in connection with the local tourism system. The slide you see now is a representative rural convergence industrial complex designated state status. As you can see, we have designated and nurtured specialized complexes targeting various crops in various regions. The Korean government aims to expand the regional network from 25 locations in 2017 and to 92 to 2022. A similar situation is likely in your country, but even in rural areas in Korea, businesses entities in rural areas lack capacity compared to the urban areas. To support this, the Korean government is emphasizing the establishment of a network from now on, I would like to introduce you a case of gochujang cluster. It means the formative food paste of Korea, produced by the chili pepper hot chili pepper. And Soon Chang-gun, the southern part of Korean Peninsula, studied by Cray. Soon Chang-gun, Soon Chang County, located in southern part of Korean Peninsula has long been known as a good area for farming due to its good water and fertile soil. In particular, it has famous for formative food such as red pepper paste, which Korean prefers. Koreans prefer and the government used to make some sauce district in Soon Chang County. The table you see now show the government and administrative organizations, stakeholders and key players, suppliers, central industries and distribution channels, innovators, competitors and market characteristics respectively. It is important to build to a network. In the case of Soon Chang County, we asked about the type of cooperation in production with local entities. As a result of survey, it was found that the form of co-production of products occupied the largest portion. After that, the answer was that they would jointly procure raw materials like the soy sauce or soybeans or red chili peppers. Co-promotion and the businesses were found to relatively low compared to the other regions. As a result of survey, it was found that the network density in Soon Chang County was higher than in 2017 compared to 2014 within just three years. The average linkage per business unit also increased. If I pictorially show the result that this is compared to the three years ago, it can be seen that various stakeholders are cooperating in a complex way. It was found that the roles and cooperatives relationships of key stakeholders became more complex and diversified. The survey explored the factors limiting the growth of new rural convergence industry case reasons. First, the decrease of profitability is cited as a factor that hinders new production activities. Investments and efforts are required for new activities, but decrease in profitability until the period when such capability are accumulated is suggested as a risk factor. So far, we have briefly looked at the case of OVOP in Korea. In Korea in particular, it can be seen that the entry of new farms and formation of networks through the Agriculture Technology Center and research society within the region are actively appearing. I think this is especially necessary for developing countries. The case of Korea is not a model answer, but all policies should be appropriately modified and applied according to the demographic, cultural, social, economic conditions of each country's rural areas. If there are no incentives for business entities participating in a value chain to cooperate with other business entities to expand their businesses, it will be difficult to expect the effective of policy. In other words, this means that individual business entities should be profitable economically. Thank you for your attention.