KOTRA Signs 'Integrity Society Agreement' with Korea Foreign Companies Association

Joint Promotion Including Declaration of Socially Responsible Management by Foreign Companies

KOTRA signed an 'Integrity Society Agreement' with the Korea Foreign Enterprises Association on the 7th at the Prima Hotel in Gangnam, Seoul. Jang Sang-hyun, CEO of KOTRA Invest Korea (sixth from the left), and Yoo Se-geun, Chairman of the Korea Foreign Enterprises Association (fifth from the left), along with other attendees, are posing for a commemorative photo. (Photo by KOTRA)

[Asia Economy Reporter Kim Ji-hee] KOTRA announced on the 8th that it signed a 'Clean Society Agreement' with the Korea Foreign Enterprises Association at the Prima Hotel in Gangnam-gu, Seoul on the 7th. The signing ceremony was attended by Jang Sang-hyun, CEO of KOTRA Invest Korea, and Yoo Se-geun, Chairman of the Korea Foreign Enterprises Association.

Through this agreement, KOTRA and the Korea Foreign Enterprises Association will identify exemplary cases of 'social value creation' by foreign-invested companies. The public and private sectors plan to jointly promote a culture of social responsibility management nationwide.

In particular, the two organizations will collaborate on various projects such as ▲declaration of social responsibility management by foreign-invested companies ▲discovery of cases contributing to local communities and expanding jobs ▲publication of a casebook on 'social value creation,' working together to build a transparent and fair ecosystem for foreign-invested companies.

Jang Sang-hyun, CEO of KOTRA Invest Korea, stated, “Despite the COVID-19 pandemic, foreign-invested companies are striving to fulfill their social responsibilities,” and added, “We will continue to actively support foreign-invested companies so that they can achieve sustainable growth based on public trust.”

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