PESHAWAR – The University of Peshawar and Hanbat National University, South Korea, Tuesday signed a Memorandum of Understanding (MoU) for exchange of students and faculty to step for their capacity building and higher studies. Besides, the universities would exchange scientific materials, publications and information as well, and also to carry joint collaborative scientific research at each other institutions. The MoU would remain valid for five years was formally signed by Vice Chancellor UoP Prof Dr Qibla Ayaz and President Hanbat National University Dr Eung Kyu Kim in a ceremony held at University of Peshawar.  The number of exchange of students per University would be four per academic year in which the host University will bear registration, tuition fee of the students. The host University will also be responsible for assisting exchange students in securing accommodation. Both the Universities will also provide opportunities to enhance instructional or teaching proficiency and research capabilities of the faculty members.