Martial Arts, Hosting the '8th Han-Mekong Business Forum'
Promoting Cooperation and Sustainable Growth Between SMEs in Korea and the Mekong Region
[Asia Economy Reporter Hwang Yoon-joo] The Korea International Trade Association (KITA) held the "8th Korea-Mekong Business Forum and Online Consultation" on the 4th (local time) in Hanoi, Vietnam.
Under the theme "Business Environment in the New Normal Era - Turning Crisis into Opportunity," the event was attended by about 150 participants both online and offline, including Cho Hak-hee, Director of the International Business Division at KITA, Lee Tae-ho, Second Vice Minister of the Ministry of Foreign Affairs, government officials and economic organization representatives from the five Mekong countries?Cambodia, Laos, Myanmar, Thailand, and Vietnam?and local businesspeople.
Cho Hak-hee, Director of the International Business Division at KITA, stated, "Following the 2nd Korea-Mekong Video Summit held last November, the cooperative relationship between Korea and the Mekong region has been elevated to a 'strategic partnership,' and the scope of cooperation is expected to expand further. Public-private cooperation is crucial for mutual prosperity and sustainable growth between Korean and Mekong SMEs, as well as overcoming COVID-19."
During the forum, presentations and discussions were held on the new challenges and opportunities faced by SMEs, mutual growth between Korean and Mekong companies, successful cooperation cases, and cooperation strategies. On the same day, 20 domestic companies participated in the consultation meeting and conducted online export consultations with about 30 buyers from the five Mekong countries.
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Meanwhile, KITA established the Korea-Mekong Business Council with economic organizations from the five Mekong countries in December last year, and in July this year, jointly submitted a proposal to the governments of each country for the introduction of a fast-track system for businesspeople between Korea and the five Mekong countries. KITA continues to take the lead in supporting overseas business activities of Korean entrepreneurs.
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