Gyeonggawon Holds Video Conference on Export Strategy with 12 Global GBCs

Kang Seong-cheon, Director of Gyeonggi-do Economic Science Promotion Agency (left), is exchanging opinions via video call with GBC directors at the "Strategic Meeting for Activating Exports of Small and Medium Venture Businesses in Gyeonggi-do" held on the 16th. Photo by Gyeonggawon Provided

On the 16th, the Gyeonggi-do Economic Science Promotion Agency held a "Strategic Meeting for the Export Activation of Small and Medium Venture Companies in Gyeonggi-do" via video conference with 12 Gyeonggi Business Centers (GBC) located in 9 countries worldwide.

The GBCs are located in major global export hubs such as the United States, China, Russia, and India, providing one-stop export support services from overseas market research to buyer discovery and contract signing for companies.

Kang Seong-cheon, Director of the Gyeonggi-do Economic Science Promotion Agency, said in his opening remarks at the strategic meeting, "The export environment continues to deteriorate due to the global economic recession," and urged, "Please make efforts so that the GBC can provide practical support to lead the export expansion of small and medium venture companies in the province."

In response, Kim Deok-su, Director of the GBC Los Angeles office, stated, "It is important to note that Korea's exports to the U.S. are steadily increasing," and added, "The popularity of K-food and K-beauty is expected to continue for the time being. We will support the stable entry of local companies into the U.S. market by responding sensitively to local trends."

Woo Man-kwon, Director of the GBC Nairobi office, analyzed, "Kenya in Africa is one of the high-growth countries where the middle class increases by more than 10% annually," and said, "Demand for beauty products will greatly increase in the future, centered on young women with purchasing power who are following skin care trends. It is a time when local companies need to show interest in the African market and make proactive market entry efforts."

Meanwhile, this year, the Gyeonggi-do Economic Science Promotion Agency will consolidate its organizational capabilities to support a total of 6,000 companies through ▲overseas marketing support in six areas including domestic and international exhibitions (1,800 companies) ▲export company formation for domestic companies (400 companies) ▲online export support platform (3,300 companies) ▲linked support with export-related organizations (500 companies).

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