[Asia Economy Reporter Jeong Hyunjin] The Korea International Trade Association announced on the 8th that it has signed a Memorandum of Understanding (MOU) with Gaion, an AI-based big data analysis information provider, and Import Genius, a provider of import-export shipment data from 18 countries worldwide, to support the overseas market entry of small and medium-sized enterprises (SMEs).


Through this agreement, each organization will cooperate in providing import buyer information, discovering promising export items, exchanging information on promising export markets, and supporting export companies' entry into overseas markets. The Trade Association's International Trade and Commerce Research Institute plans to provide abundant customized information necessary for companies to expand their business partners or pioneer new markets through this agreement.



Choi Yongmin, head of the International Trade and Commerce Research Institute at the Trade Association, stated, "To respond to the changing trade environment after COVID-19, various information on overseas import markets and buyers is necessary," adding, "We will do our best to support the overseas expansion of our SMEs by cooperating with organizations capable of providing customized buyer lists."


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

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