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Koo Ja-yeol, Chairman of the Korea International Trade Association

[Asia Economy Reporter Kim Heung-soon] Koo Ja-yeol, Chairman of the Korea International Trade Association (KITA), embarked on his first on-site communication tour with the trade industry since his inauguration.

On the 30th, Chairman Koo held an on-site communication meeting with 10 innovative companies in next-generation growth industries such as bio, information and communication technology (ICT), and startups at the Daejeon Trade Center. He then visited Syntekabio, which is leading new drug development using big data and artificial intelligence (AI) technologies, and Dime Research, a startup founded by KAIST (Korea Advanced Institute of Science and Technology) developing AI-based smart factory solutions.

Chairman Koo stated, "Our companies have sufficient potential to turn the COVID-19 crisis into an opportunity for leap forward through technological innovation and digital transformation," adding, "KITA will actively represent the trade industry's position by listening closely to the voices of businesspeople working on the front lines of export sites." He further added, "We will disseminate cases of innovative companies and actively support digital transformation to enhance global competitiveness."

On the same day, Chairman Koo met with KAIST President Kwang-Hyung Lee to discuss expanding industry-academia cooperation between KITA and KAIST, including technological innovation of export companies and overseas expansion of startups in the digital transformation (DX) era.

Starting with this visit to Daejeon, Chairman Koo plans to continue on-site communication with regional trade industries in Gyeongnam, Incheon, Seoul, and other areas until October.

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