KOTRA Hosts New Southern Business Week... Online Consultations and Investment Seminars Held

[Asia Economy Reporter Suyeon Woo] KOTRA will hold an online consultation meeting and an investment cooperation seminar in line with the 'New Southern Business Week' held for two days from the 13th at COEX in Samseong-dong, Seoul.

First, the online consultation meeting will involve 170 domestic companies and 170 overseas buyers discovered by KOTRA, conducting 360 business consultations. Many buyers from future promising industries such as 5G, ICT, medical bio, and environment are invited to create an opportunity for mutual growth and prosperity between Korea and the New Southern countries.

Wipro, an Indian ICT company participating in the online consultation meeting, expressed expectations, saying, "We hope to combine Indian core technology with Korean manufacturing and application technology to jointly enter third markets."

KOTRA will hold the 'New Southern Business Week' for two days starting from the 13th at COEX in Samseong-dong, Seoul. Domestic participating companies are experiencing virtual reality (VR) using digital technology at the event venue. Photo by KOTRA

At the investment cooperation seminar, diplomatic envoys from New Southern countries in Korea will serve as speakers to introduce the investment environment and successful cases of investment cooperation in the New Southern countries. The speakers urged Korean companies to show interest and invest, stating, "The New Southern countries have recently experienced rapid growth due to infrastructure development and consumption activation."

Meanwhile, due to the novel coronavirus infection (COVID-19), non-face-to-face side events utilizing digital technology such as online consultations, web seminars, virtual reality (VR) experiences, and online startup pitching will also be held.

Kwon Pyung-oh, President of KOTRA, said, "The need for Korea and New Southern countries to join hands and lead future industries has grown even more in preparation for the post-COVID era," adding, "We will actively utilize digital and non-face-to-face methods to support mutual growth and prosperity between our companies and local partners."

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