The 8th Korea-Japan Millenium Forum The 8th Korea-Japan Millenium Forum was held on October 8 in Supex Hall of LG-POSCO Building in Korea University. University presidents from Yonsei, Korea, Keio and Waseda University participated in the forum. The forum was held to facilitate cooperation and intellectual exchange among the four universities and to further explore future vision of Korea's relationship to Japan. The forum also had various participants from different institutions, including Han Sung-joo, professor emeritus at Korea University, Jung Gu-jong, director of Japan Center at Dongseo University, Soeya Yoshihide, professor at Keio university, Park Sang-yong, dean of Yonsei Business School, Kim Sung-han, deputy director of Korea University's Ilmin International Relations Institute, and Kim Ki-jung, director of the Institute of East and West Studies at Yonsei University. Under the subject of 'Global Economic Crisis and the Task of Korea and Japan,' presidents from each university made various comments and exchanged ideas. Yonsei's president Kim Han-joong emphasized the importance of investment for the future during the depression, and pointed out that short term measures to solve financial problems can cause bigger problems in the long term. He said that universities should re-engineer themselves toward a direction of strengthening cooperation between each other. Korea University's president Lee Ki-soo discussed the role of university under global economic crisis. He stressed the need of aggressive investment in ecological innovation on the basis of a 'low-carbon green growth' to overcome the current state of crisis. He mentioned the 'University Presidents' Forum on Climate Change & Sustainable Development in Asia & Africa' held in August as an example, and suggested an establishment of a "Vision Group for Educational Cooperation" to promote cooperation in education and research among the four universities. The group will be launched during this year and preparations will be made to draft a plan for cooperative program in education and research connecting the four distinguished private universities of Korea and Japan. Major plans include writing a textbook for international relationship in collaboration, instituting credit transfer on graduate level, and exchange of academic staff. Keio University's president Seike Atsushi proposed a cooperative research program, emphasizing the opportunity for academic development offered by the current economic crisis and its future effect on an aging society affected by low birthrate. President Katsuhiko Shirai of Waseda University suggested ways to reduce budget and setting up an associated fund to solve problems of the reduced number of foreign students, depressed job market, and difficulties in university management.