Kaesong Industrial Complex Companies Hold Non-Face-to-Face Export Consultation... 68 Meetings with Buyers from 4 Countries Including the US
15 Companies Participate... Jungjin Gong Supports Export Market Development
[Asia Economy Reporter Kim Bo-kyung] The Small and Medium Business Corporation (SBC) held a non-face-to-face online export consultation meeting on the 21st at the Korea Federation of SMEs in Yeouido, Seoul, to support market expansion for Kaesong Industrial Complex companies.
Hosted by the Ministry of SMEs and Startups and organized by SBC, the online export consultation meeting saw participation from 15 Kaesong Industrial Complex companies, including Combase, conducting 68 consultations with buyers from four countries: the United States, Japan, Vietnam, and Taiwan.
Participants included Kwon Chil-seung, Minister of SMEs and Startups; Kim Hak-do, Chairman of SBC; Seo Seung-won, Executive Vice Chairman of the Korea Federation of SMEs; Lee Jae-cheol, Chairman of the Kaesong Industrial Complex Companies Association; and officials from the National Kaesong Industrial Complex Business Cooperative. The event was conducted in compliance with COVID-19 quarantine guidelines.
SBC selected the four target countries for consultation based on the products of participating companies and their desired overseas expansion markets. To increase the contract success rate of the export consultation meeting, pre-matching between companies and buyers was conducted. Additionally, companies wishing for further consultations will be continuously connected with buyers even after the event to enhance outcomes.
The Korea Federation of SMEs operated an offline product exhibition hall on-site to promote the products of participating companies, and a seminar on inter-Korean economic cooperation and the Kaesong Industrial Complex, prepared by the Small and Medium Business Research Institute, was also held.
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Chairman Kim Hak-do stated, "Kaesong Industrial Complex companies have been experiencing prolonged management difficulties due to the closure of the Kaesong Industrial Complex and COVID-19," adding, "I hope today's export consultation meeting has been of practical help in opening new markets, and we will continue to pay attention to ensure that Kaesong Industrial Complex companies are not excluded from policy support."
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