Martial Arts, Support for SME Overseas Cargo Storage

Slovenia Supports Storage Space for SME Export Goods at Logistics Centers in Belgium

Exterior view of the Trade Tower of the Korea International Trade Association in Samseong-dong, Seoul / Provided by Korea International Trade Association

[Asia Economy Reporter Kim Pyeonghwa] The Korea International Trade Association (KITA) will implement a joint overseas logistics center storage support project starting from the 14th in cooperation with POSCO Flow, the logistics affiliate of the POSCO Group.

Through this project, KITA will enable domestic small and medium-sized enterprises (SMEs) to store cargo at logistics centers in the Port of Koper in Slovenia, a maritime gateway to Eastern Europe, and the Port of Antwerp in Belgium, a logistics hub in Western Europe, at a cost 70% lower than the usual rates.

Additionally, a fulfillment service will be introduced that provides customized support for the entire logistics process, including local customs clearance, cargo handling, storage, inland transportation, and logistics consulting. Last year, KITA collaborated with POSCO to provide idle space on POSCO's chartered vessels to SMEs facing difficulties securing shipping space due to the logistics crisis, supporting approximately 450,000 tons of maritime transport.

Kim Byung-yu, Executive Director of KITA's Member Support Headquarters, stated, “We expect this support project to realize the value of mutual growth by sharing excellent overseas infrastructure of large corporations with SMEs,” adding, “We will do our best to resolve logistics difficulties faced by SMEs, such as securing shipping space and high freight rates caused by the global logistics crisis triggered by the spread of COVID-19.”

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