<기사> Export Base Busan New Port and Hyundai Motor Plant Visited by Minister of Industry, Meeting with KITA Chairman

Minister Bang: "KITA to play active role in 'Export One Team Korea'"
Chairman Koo: "Expect policy reflection on export companies' difficulties suggestions"

The Korea International Trade Association (KITA) announced that Minister of Trade, Industry and Energy Bang Beom-gyu paid a courtesy visit to KITA Chairman Koo Ja-yeol on the 5th, just before the '1st Public-Private Joint Export Expansion Measures Meeting,' and held a friendly talk.

The two met shortly after semiconductor exports reached $9.9 billion (approximately 13.459 trillion KRW), the highest in the past year, and exports to China recorded the highest this year at $11 billion (approximately 14.955 trillion KRW).

Bang Moon-kyu, Minister of Trade, Industry and Energy, visited Hanjin Terminal at Pier 3 in Busan New Port on the first day of his inauguration, the 20th of last month. After listening to officials about the current status and difficulties of export logistics, he observed the cargo loading and unloading site from the observatory of the promotional center.
[Photo by Yonhap News]

Minister Bang emphasized that the public and private sectors must join forces to boost exports.

Minister Bang said, "I request KITA to play an active role as a member of the 'Export One Team Korea' in the newly launched 'Public-Private Joint Export Expansion Measures Meeting' and the 'Export Site Visit Group,' which was established on the 26th of last month."

Gu Ja-yeol, Chairman of the Korea Federation of Small and Medium Business, speaking at a meeting with the Korean Federation's economic cooperation delegation to the United States and the press corps held on the 25th of last month (local time) at the Washington D.C. branch office of the Federation.
[Photo by Yonhap News]

Chairman Koo welcomed this, noting that Minister Bang had participated in the KITA chairman group from December 2019, when he served as the President of the Korea Export-Import Bank, until June last year.

Chairman Koo said, "Since Minister Bang has a connection to the KITA chairman group, he understands export companies better than anyone else and is expected to reflect the suggestions for resolving export companies' difficulties well in policies."

Since his inauguration on the 20th of last month, Minister Bang has visited export sites and company factories. On his first day in office, the 20th of last month, he visited Busan New Port to encourage export recovery. On the 26th of last month, as the first schedule of the Export Site Visit Group, he visited Hyundai Motor's Asan plant.

The Ministry of Trade, Industry and Energy explained that the 'Visit Group' was named based on the first two syllables of Minister Bang's name. It signifies that Minister Bang personally visits to listen to export difficulties. The Visit Group plans to visit companies in the automobile sector, followed by secondary batteries, organic light-emitting diode (OLED) industries, and promising small and medium-sized enterprises (SMEs) and mid-sized companies in exports.

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