Changwon Chamber of Commerce Actively Supports US Export and Market Entry

Agreement Signed with Orange County and Irvine Chambers of Commerce

The Changwon Chamber of Commerce and Industry in Gyeongnam signed an agreement with the Korean Chamber of Commerce of Orange County, USA, and the Irvine Chamber of Commerce delegation.

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Seryeong] On the 2nd, the Changwon Chamber of Commerce and Industry in Gyeongnam held a meeting in the assembly room and signed agreements by inviting delegations from the Korean American Chamber of Commerce of Orange County, USA, and the Irvine Chamber of Commerce.

The Changwon Chamber of Commerce signed a Memorandum of Understanding (MOU) and a Partnership Agreement with the two delegations respectively to support the export and market entry of companies in the Changwon area to the United States.

The Gyeongnam Chamber of Commerce Council and the Federation of Korean American Chambers of Commerce in the Americas also signed an MOU.

According to the Changwon Chamber of Commerce, recently, the U.S. rules of origin, non-tariff barriers, and the establishment and strengthening of environmental and labor regulations have acted as new trade barriers for companies in the Changwon area.

Accordingly, the Changwon Chamber of Commerce promoted the signing of agreements to expand trade cooperation in the form of MOUs and partnerships centered on chambers of commerce in advanced countries such as the United States and Japan, aiming to implement a new trade strategy.

About 30 people attended the signing ceremony, including Gu Jacheon, chairman of the Changwon Chamber of Commerce; Noh Sang-il, chairman of the Korean American Chamber of Commerce of Orange County; Tammy Kim, former vice mayor of Irvine City; Carlos Oregon, chairman of the Irvine Chamber of Commerce; and Hwang Byung-gu, chairman of the Federation of Korean American Chambers of Commerce in the Americas.

After the signing ceremony, they toured the LG Electronics Changwon Plant Smart Park, selected as a Lighthouse Factory by the World Economic Forum (WEF), and met with Park Wan-su, governor of Gyeongnam Province.

Chairman Gu said, “This agreement is significant as it is the first attempt to establish a trade network with the U.S. chambers of commerce,” adding, “It is important to continue expanding the trade network by strengthening trade cooperation with advanced countries so that companies in the Changwon area can turn the difficulties of the rapidly changing trade environment into opportunities.”

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