Ministry of Economy Supports Companies' Entry into Latin America... Trade Forum with IDB in Mexico
The Ministry of Economy and Finance announced on the 18th that it will hold the "1st Korea-Latin America Innovation and Trade Forum" in Mexico City, Mexico, in collaboration with the Inter-American Development Bank (IDB).
This forum, held for the first time this year to support exchanges between Korean and Latin American companies, will take place over two days from the 18th to the 19th (local time). The event will feature expert seminars focused on the information and communication technology (ICT) sector, exhibitions and promotions of outstanding technologies, one-on-one consultations, and a startup competition.
Sixteen companies, including LG Uplus, Hyundai Construction, Samsung SDS, and Kakao, will participate in the seminars. Thirteen small and medium-sized enterprises will join the one-on-one consultations, and eight startups will compete in the competition.
The forum has attracted significant interest from the Latin American region as well, with around 200 participants expected, including local businesspeople, high-ranking officials from Latin American governments, and related associations.
The opening ceremony will feature a video congratulatory message from Kim Byung-hwan, First Vice Minister of the Ministry of Economy and Finance, followed by an opening address from Kim Jae-hwan, Director of the Development Finance Bureau. They will review the current status of economic cooperation between Korea and Latin America and present the Korean government's support direction to strengthen cooperation in the private sector.
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The Ministry of Economy and Finance stated, "Amid the global complex crisis, as entering emerging markets such as Latin America and pioneering export routes in promising future sectors like ICT become increasingly important, we plan to continuously prepare various programs to further develop cooperative relations with Latin America."
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