KOTRA and Junggyeonryeon Join Hands to Boost Exports of Mid-sized Companies

Promotion of Major Business Mutual Cooperation and Joint Marketing

The Korea Trade-Investment Promotion Agency (KOTRA) and the Korea Federation of Medium-sized Enterprises signed a Memorandum of Understanding (MOU) for mutual cooperation to support the growth of medium-sized enterprises on the 6th at KOTRA headquarters in Seocho-gu, Seoul.

Both organizations will promote ▲ mutual cooperation on major projects aimed at the growth of medium-sized enterprises ▲ joint publicity and marketing ▲ support for nurturing and educating key talents in medium-sized enterprises and information exchange.

In this process, KOTRA will cooperate with the Korea Federation of Medium-sized Enterprises to strengthen the global capabilities of medium-sized enterprises, support overseas expansion, and attract talent. They plan to work to enhance the export capabilities of medium-sized enterprises and increase global business performance.

Yoo Jung-yeol, President of KOTRA, said, "Medium-sized enterprises are companies that have a very significant effect on export creation," adding, "We must help companies that are doing well to do even better." He continued, "We will actively support medium-sized enterprises so that they can contribute more to the country's exports."

KOTRA operates projects to expand exports of Korean companies, support overseas expansion, domestic return, and foreign direct investment in Korea through 12 regional support groups and 129 overseas trade offices in 84 countries. The Korea Federation of Medium-sized Enterprises is the only legally recognized economic organization representing medium-sized enterprises.

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