On Friday, October 26, 2018, IFEZ signed a Memorandum of Understanding for deepened cooperation with the Tianjin delegation visiting Incheon Metropolitan City to mark the 25th anniversary of the sister-friendly relationship between Incheon and Tianjin. Through the agreement, both sides agreed to work together to promote business investment cooperation, establish an economic and trade cooperation framework, facilitate trade through port and airport cooperation, expand exchanges between companies and think tanks, and ease regulations in the service trade sector.