KOTRA and Aerospace Association Support Domestic Companies' Overseas Expansion with Airbus

The Nation's First 'Airbus Day' Held

KOTRA and the Korea Aerospace Industry Promotion Association invited Airbus, the world's largest aircraft manufacturer, to hold the first-ever "Airbus Day" event in Korea for two days starting from the 27th of last month. The photo shows the interior of the event venue.

[Asia Economy Reporter Park Sun-mi] KOTRA and the Korea Aerospace Industries Association announced on the 1st that they hosted the country's first-ever 'Airbus Day' event by inviting Airbus, a global leader in the aerospace sector.

The event was held face-to-face with employees from Airbus headquarters, including those from the commercial aircraft, helicopter, defense, and space sectors, visiting Korea. About 40 promising domestic companies from KOTRA, the Korea Aerospace Industries Association, and the aerospace sector participated.

This consultation meeting went beyond the traditional aerospace export consultations to explore cooperation demands in new industries such as ICT, robotics, and renewable energy, as well as discuss potential collaborations in R&D, investment attraction, and startups.

In particular, regarding joint R&D cooperation demands between Airbus and domestic companies, discussions will be held with the Korea Evaluation Institute of Industrial Technology and the Korea Institute for Advancement of Technology for additional cooperation on R&D outcomes.

Yoo Jung-yeol, President of KOTRA, stated, “KOTRA will continue to actively identify demands from global companies like Airbus to support the global expansion of domestic small and medium-sized enterprises in the aerospace sector.”

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