Opening of Dedicated Sales Area for SME Products at Incheon Airport Duty-Free Shop

[Asia Economy Reporter Lee Junhyung] The Ministry of SMEs and Startups announced that three 'Dedicated Sales Stores for SME Products' will open on the 15th at the duty-free shops in Incheon International Airport.

The Ministry of SMEs and Startups and Incheon International Airport Corporation will support the companies entering the dedicated sales stores by providing necessary offline sales space and sales personnel at no additional cost. Online sales will also be supported in connection. The Ministry applied the lowest commission rate (23%) among duty-free shops in consultation with the Korea Customs Service and Incheon International Airport Corporation.

The dedicated sales stores at Incheon Airport also obtained bonded sales license rights from the Korea Customs Service in July this year. According to the Ministry, this ensures stable operation for at least five years.

Products from 360 promising SMEs have been placed in the dedicated sales stores. The Ministry plans to continuously discover new products in fields such as small home appliances and fashion accessories, reflecting buyer demand.

Kim Kyungwook, President of Incheon International Airport Corporation, said, "This store is the only duty-free shop exclusively for SME products in Korea," and added, "We expect Incheon Airport to become a representative win-win model."

Minister Kwon Chilseung of the Ministry of SMEs and Startups said, "We ask for continued cooperation from Incheon Airport and the Incheon Customs Headquarters," and added, "We hope the dedicated sales stores will provide an opportunity for SMEs, which have been mainly domestic-focused, to become export companies."

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