Dubai Trade Delegation Breaks into Overseas Markets... Daegu-Gyeongbuk Free Economic Zone Authority Supports Resident Companies in 'Overseas Market Development'
Resident Companies Promote Overseas Market Expansion and Excellence in Product Technology and Quality
[Asia Economy Yeongnam Reporting Headquarters Reporter Yeo Jong-gu] The Daegu-Gyeongbuk Free Economic Zone Authority will dispatch a trade delegation composed of seven companies residing in the Daegu-Gyeongbuk Free Economic Zone to the UAE (Dubai) region for five days from the 10th to the 14th.
This trade delegation will include seven resident companies from the Daegu-Gyeongbuk Free Economic Zone and a total of 35 local buyers from Dubai, who will conduct export consultations.
Targeting promising buyers in Dubai, a region in the Middle East with relatively limited overseas marketing but high purchasing power, the delegation plans to actively promote the technological excellence and superiority of local companies' products to explore various export opportunities and support export expansion through the discovery of new business partners.
Through the dispatch of the trade delegation, the Daegu-Gyeongbuk Free Economic Zone Authority intends to actively pursue continuous management and follow-up support to ensure that consultations lead to actual contracts by discovering buyers, arranging consultations, and providing interpretation support.
Additionally, after attending GITEX (Information and Communication Exhibition), which is considered the largest information and communication exhibition in the Middle East and North Africa region alongside CES (International Consumer Electronics Show) and MWC (Mobile World Congress), the delegation will hold on-site consultation meetings by visiting local buyers individually for each company.
Commissioner Choi Sam-ryong stated, “Due to the recent global inflation and economic downturn, it has become difficult for local export companies to pioneer overseas markets. We will spare no effort to provide multifaceted support so that resident companies are satisfied and receive practical help through overseas market development activities on site.”
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Since June last year, the Daegu-Gyeongbuk Free Economic Zone Authority has held four virtual export consultation meetings with seven countries including Malaysia, Hong Kong, Kazakhstan, Uzbekistan, Vietnam, Thailand, and Indonesia, achieving expected results and laying the foundation for supporting local market entry pledges of companies from Greater China, Central Asia, and Southeast Asia.
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