KOTRA Leads the 'New Middle East Boom'... Follow-up Support for UAE Summit Economic Diplomacy
Post-Meeting Held for 'Han-UAE Business Consultation'
Expecting Follow-up Results and New Opportunities in Middle East Export Market Development
[Asia Economy Reporter Han Ye-ju] KOTRA is strengthening support to activate the 'New Middle East Boom.'
On the 9th, KOTRA held a 'Post-Meeting for Participating Companies of the Korea-UAE Business Consultation' at its headquarters in Yeomgok-dong. This post-meeting was organized as a follow-up support measure after the 'Korea-UAE Business Consultation' held in Abu Dhabi during the UAE state visit in January, inviting key companies that participated in the consultation to hear about their achievements and difficulties, and to discuss future support plans.
At the post-meeting, KOTRA announced that it will provide one-on-one customized consulting support for each company to ensure that business opportunities in the Middle East, initiated through economic diplomacy during the UAE state visit, lead to tangible results, and will promote various follow-up support projects in connection.
During the Korea-UAE Business Consultation, a total of 257 business consultations were conducted between 36 domestic companies and 105 UAE companies in key cooperation areas such as nuclear power and energy, new industries, and smart cities.
Participating companies agreed, saying, "There are limitations in directly grasping local market information, policies, systems, and business methods in the Middle East region," and "We expect KOTRA's one-on-one customized follow-up support to be a great help in pioneering the Middle East market going forward."
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Kim Tae-ho, Head of KOTRA's Economic and Trade Cooperation Headquarters, emphasized, "We are further strengthening support to activate the 'New Middle East Boom' using the momentum of the UAE state visit in January," adding, "KOTRA will actively support ensuring that the effect of the UAE summit economic diplomacy becomes an opportunity to open export routes not only to the UAE but also to the broader Middle East through close one-on-one support for companies and expansion of Middle East market entry support projects."
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