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2.  The Proposal for Establishing an Institute for Industrial Technology and Applied Science was enthusiastically received in Korea.  Our Mission was warmly greeted and received widespread coverage in the press and on television.  The Koreans are convinced that increased attention should be devoted to science and technology and are grateful to you for focusing interest on the problem.

3.  The proposal is timely with respect to the prospects for rapid growth of Korean industry.  Korean exports have risen from $20 millions in 1959 to $119 millions in 1964 and are still rising strongly.  Additional funds for capital investment will become available when the normalization agreement with Japan enters into effect.  A new generation of Korean industries is being born to which the proposed Institute could make a substantial contribution.

4.  We found that there were encouraging examples in Korea of modern history and of laboratories operated on modern principles that can serve as models for future development.  We found no existing Korean institutions within government or industry that could provide, either by themselves or in combination with each other, all of the needed services.

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