[Asia Economy Reporter Kum Bo-ryeong] KT&G announced on the 29th that it has signed a sales contract for smoke-free products (heated tobacco products) with Philip Morris Products S.A.



The contract stipulates that Philip Morris will exclusively sell KT&G's smoke-free products in overseas markets excluding Korea. Philip Morris will have the rights to market, distribute, and sell KT&G's smoke-free products overseas. The contract period is three years.


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