Martial Arts Association, 31st Executive Committee Inaugurated "Will Establish a New Direction for Trade"

Koo Ja-yeol, Chairman of the Korea International Trade Association (fourth from the left in the front row), along with the 31st executive team of the Trade Association, is taking a commemorative photo at the inauguration ceremony held on the 11th at the Trade Tower in Samseong-dong, Seoul.
[Photo by Korea International Trade Association]

[Asia Economy Reporter Kim Heung-soon] The 31st executive board of the Korea International Trade Association (KITA) has officially launched.

On the 11th, KITA held the first meeting of the 31st executive board at the Trade Tower in Samseong-dong, Seoul, and announced the appointment of a total of 36 members, including 15 new executives.

KITA stated, "The 31st executive board will lead discussions to effectively respond to global supply chain changes triggered by the US-China trade conflict and COVID-19, the spread of digital innovation, and the discovery of future export growth industries, representing the trade sector."

The newly appointed companies include content export companies such as CJ ENM (broadcasting and content) and Smilegate (games), as well as leading companies in various industries such as Dongwon Group (food), Dongwha Group (eco-friendly construction materials), and Infac Korea (electronics). To promote win-win cooperation marketing with small and medium-sized enterprises, leading domestic specialized trading companies such as LG International and GS Global also joined.

Additionally, trade support organizations such as the Export-Import Bank of Korea, Korea Trade Insurance Corporation, and Small and Medium Business Corporation, as well as major associations including the Korea Importers Association, Women Entrepreneurs Association, and Korea Venture Business Association, were also included in the executive board.

Gu Ja-yeol, Chairman of KITA, said, "We have formed the executive board by considering traditional manufacturing and future export industries, experienced managers and next-generation young executives, large corporations and small and medium-sized enterprises, as well as trade sectors in the metropolitan area and provinces." He added, "With diverse and balanced perspectives, we will lead digital innovation and new growth export industries, establish a new direction for our trade, and play the role of a 'Linker' connecting and spreading these initiatives."

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