Martial Arts, Hosts 'UN and Other Procurement Market Entry Procedure Guidance Webinar'

Procurement Market Holds Advantages Such as Transparency in Participation and Credible Performance
New Opportunities for Overseas Expansion

The 'UNDP and European Union (EU) Procurement Procedure Guidance Webinar' held by the Korea International Trade Association on the 21st [Photo by Korea International Trade Association]

[Asia Economy Reporter Kim Heung-soon] The Korea International Trade Association (KITA) announced on the 22nd that it held a 'UNDP and European Union (UN) Procurement Procedure Guidance Webinar' in collaboration with the United Nations Development Programme (UNDP) Seoul Policy Centre and the Korea Overseas Procurement Market Promising Companies (G-PASS) Export Promotion Association.

At the webinar held the previous day, Kim Ki-hyun, Director of the International Cooperation Office at KITA, stated, "During the pandemic, international organizations such as UNDP and the UN are focusing on public procurement of medical supplies," adding, "If our companies strategically utilize the procurement market, it will become a new opportunity for overseas expansion."

Park Tior Kamlaev, Procurement Services Team Leader at the UNDP Global Service Centre, said, "UNDP is bidding not only on 'goods' such as medical supplies and vaccines but also on 'services' including administration and management," and urged, "We hope that excellent Korean companies will actively participate in the bidding."

This webinar was organized to provide information on UNDP procurement procedures, methods to enter the UN procurement market, and government support to Korean companies aiming to enter the UN public procurement market.

Kim Hyun-joo, Head of Business Division at the G-PASS Export Promotion Association, said, "The overseas procurement market is accessible through publicly available bidding announcements, ensuring transparency of participation, facilitating follow-up projects after winning bids, and allowing companies to build credible achievements," adding, "To overcome barriers such as low understanding of the procurement market, difficulties in obtaining certifications, and lack of networks, it is recommended to actively utilize support projects from the government and related organizations."

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