Applications for Export Tower and Awards on 'Trade Day' Open from the 17th

[Asia Economy Reporter Hwang Yoon-joo] The Korea International Trade Association announced that it will accept applications for the '2020 Trade Merit Awards and Export Tower' from today until August 14.

On December 5, the 57th 'Trade Day,' companies that contributed to export growth despite difficult economic conditions will be awarded one of 41 types of 'Export Towers' based on their export performance, starting from 1 million USD. Export company representatives and executives will receive 10 types of merit awards, including Industrial Medals (Gold, Silver, Bronze, Iron, Stone Tower), Industrial Decorations, and commendations from the President, Prime Minister, Minister of Trade, Industry and Energy, and the Chairman of the Trade Association.

Applications for the Export Tower can be submitted based on export performance from July 1 of last year to June 30 of this year. Eligibility for merit awards requires representatives and executives of trading companies that exported over 1 million USD during the same period, with a total of approximately 600 medals, decorations, and commendations to be awarded.

This year, a 'Service Tower' has been newly established to promote service exports. The eligibility criteria for the 'Brand Tower,' established last year to expand consumer goods brand exports, have been relaxed from 100 million USD to 10 million USD.

Detailed application methods and required documents are provided on the award application website, and documents should be submitted to the '57th Trade Day Secretariat' or the Trade Association's domestic regional headquarters.

This content was produced with the assistance of AI translation services.