Incheon City Launches Bid to Host Next Year's World Korean Business Convention... "Ideal Location with Overseas Koreans Office"

Incheon City has officially begun efforts to host the 22nd World Korean Business Convention, which will be held domestically next year.

On the 11th (local time), while on a business trip to the United States, Mayor Yoo Jeong-bok of Incheon attended the opening ceremony of the 21st World Korean Business Convention held at the Anaheim Convention Center in California, where he expressed his intention to host next year’s convention and requested cooperation from the officials.

Mayor Yoo introduced Incheon’s successful business environment, including investment conditions, legal support, tax benefits, and investment infrastructure information, emphasizing that Incheon is an economic hub for overseas Koreans worldwide.

Mayor Yoo said, "Incheon, with its free economic zone, airport and port, and the Overseas Koreans Office, is the optimal location for hosting the Korean Business Convention," adding, "We will do our best to establish the global Korean business network centered in Incheon."

Yoo Jeong-bok, Mayor of Incheon (second from left), is cutting the ribbon at the opening ceremony of the business exhibition of the 21st World Korean Business Convention held on the 11th (local time) at the Anaheim Convention Center in California, USA.
[Photo by Incheon City]

The World Korean Business Convention is the new name for the 'World Korean Business Conference.' The World Korean Business Conference was launched in 2002, benchmarking the World Chinese Business Conference of Chinese overseas Chinese entrepreneurs to unite Korean ethnic businesspeople.

Until now, it has been held only domestically every year, but going forward, it will alternate between domestic and overseas locations. Aiming to be a World Korean Business Convention, the venue expansion overseas is intended to broaden the Korean business network base and activate the Korean business networks by country. Through the World Korean Business Convention, the status of Korean entrepreneurs, expanded into manufacturing, the 4th industrial revolution, smart industries, information and communication technology (IT), finance, environment, and culture, will be promoted worldwide.

Hosted by the Overseas Koreans Office, the Federation of Korean-American Chambers of Commerce, and overseas Korean economic organizations, this year’s convention, which runs until the 14th, is attended by 3,000 business representatives from 50 countries. It features various programs supporting product promotion, export consultations, forums, cultural performances, and overseas market entry for domestic SMEs, startups, and young entrepreneurs with promising items.

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