'ASEAN 4 Gae-guk Buyer Invitation Video Consultation' Held in Busan

Busan City, 23-24 at Busan Lotte Hotel 3rd Floor ... 'Strengthening Non-Face-to-Face Economic Exchange'
70 Busan SMEs and Over 60 Buyers from 4 ASEAN Countries Participate

Status of Participating Countries in the ASEAN Buyer Invitation Online Consultation Meeting.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan City (Acting Mayor Byun Seong-wan) will hold the ‘2020 ASEAN Buyer Invitation Video Consultation Meeting’ to strengthen non-face-to-face economic exchanges with ASEAN at the Busan Lotte Hotel from 10 a.m. to 7 p.m. on the 23rd and 24th.

The video consultation meeting will be attended online by about 70 small and medium-sized enterprises from the Busan area and about 60 buyers from four ASEAN countries: Vietnam, Malaysia, Indonesia, and Singapore.

▲ On the 23rd, consultations will be held with Vietnam and Malaysia, and ▲ on the 24th, with Indonesia and Singapore, using a one-on-one online consultation method for two countries at the same time.

Busan City is significantly expanding non-face-to-face online export marketing to respond to COVID-19 and strengthen support for SME exports, and accordingly, the consultation meeting will be conducted as a digital export consultation meeting.

ASEAN is an economic bloc emerging as the world’s 6th largest single market. The participating countries in this consultation meeting are the top 1 to 5 ASEAN export destinations for Busan companies: Vietnam has a high economic growth rate, Malaysia has a high middle-class ratio, Indonesia has the largest population in ASEAN, and Singapore has the largest online companies in ASEAN.

At the consultation meeting on the 23rd, Acting Mayor Byun Seong-wan of Busan, Nguyen Huu Thinh, Director of the Ho Chi Minh City Investment and Trade Promotion Center (ITPC), and Shirley Tay, President of the Malaysia Retail Chain Association (MRCA), will deliver online video congratulatory speeches on strengthening economic exchanges beyond the threat of COVID-19.

Acting Mayor Byun Seong-wan said in his video congratulatory speech, “Although exchanges are currently shrinking due to COVID-19, the potential in various fields that ASEAN and Busan will open together is limitless,” adding, “In difficult times, we will increase mutual trust and support Busan’s SMEs to expand exports to the ASEAN market.”

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