"Time to Recover Exports" Busan City Opens Export Opportunities for SMEs through Online Consultations

Overcoming Regional Key Industry Crisis: 'Automotive Parts and Shipbuilding Equipment Online Export Consultation'

Supporting SMEs in Exploring New Exports Amid Growing Demand for European Eco-Friendly Cars and Smart Ships

Busan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan City (Acting Mayor Lee Byung-jin) is holding online export consultation meetings for automotive parts and shipbuilding marine equipment to support export industries, whose export volumes have sharply declined due to the global recession and COVID-19.

To help the local automotive parts industry, which has been contracted due to sluggish finished car exports last year, develop overseas sales channels, the city plans to support the "UK Automotive Parts Online Consultation" on May 20.

This will be promoted in connection with the "12th UK SMMT Automotive Parts Online Consultation," hosted by the UK's largest automotive industry association (SMMT), and about 10 participating companies are being recruited until March 31.

Considering the difficulty of moving equipment due to the nature of industrial goods, interpretation support and video consultations will be provided so that participating companies can demonstrate products and technologies within their offices.

Also, the "Eco-friendly Shipbuilding Marine Equipment Video Consultation" will be held over two days, April 8-9, at the Western Busan Online Export Consultation Center (Busan Global Tech Biz Center).

Out of 46 companies applying for participation, about 30 local companies will be selected to engage in one-on-one customized matching consultations with buyers from around the world. In particular, to ensure actual contracts are concluded, a second video consultation will be held in June to strengthen follow-up support for participating companies.

Acting Mayor Lee Byung-jin of Busan said, "We will do our best in follow-up management and support so that export consultations of participating companies can lead to contracts," and added, "We plan to continue discovering and promoting various support projects by listening to the difficulties companies face."

Applications for consultation participation and detailed inquiries can be made through the Busan City Overseas Marketing Integrated System or the Busan KOTRA Support Group.

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