MuBo Partners with US Mercury to Support Korean Companies' Entry into the US Market
Corporate Invitation Roundtable Held
One-on-One Customized Financial and Legal Support Consultation
The Korea Trade Insurance Corporation (K-Sure) held a corporate invitation roundtable on the 9th together with the Export-Import Bank of the United States (US Ex-Im Bank) to expand the entry of Korean companies into future industries in the U.S. market.
On this day, the co-hosting organizations, including K-Sure, introduced financial support programs for entering the U.S. market and key laws related to U.S. investment (Sejong Law Firm) to participating companies, and conducted customized one-on-one consultations.
This event was held as a follow-up measure after K-Sure visited the US Ex-Im Bank in April last year to express mutual cooperation intentions. K-Sure plans to create policy synergy for Korean companies’ entry into the U.S. market through strategic linkage with the US Ex-Im Bank.
Jae-yong Jeong, Head of the Project Finance Division at the Korea Trade Insurance Corporation (first from the left), is taking a commemorative photo at the "Korea-US Public Export Credit Agencies (ECA) Joint Round Table" event held on the 9th at the Sejong Law Firm in D Tower, Jongno-gu, Seoul.
View original imageThe US Ex-Im Bank has introduced a manufacturing support program within the U.S. to address supply chain instability and the weakening of the export industry base following the pandemic, and is promoting financial support. K-Sure’s strategy is to accelerate Korean companies’ entry into the U.S. market by linking its existing overseas investment support system with this program.
Judith Pryor, Senior Vice President of the US Ex-Im Bank, emphasized on the day, "We will do our best to strengthen the partnership with K-Sure and the Export-Import Bank of Korea to achieve successful outcomes."
Lee In-ho, President of K-Sure, said, "We expect visible results from the joint support of Korean and U.S. export support institutions for Korean companies entering the U.S. within this year through this event," adding, "We will continue to strengthen cooperation with policy institutions of major countries to actively support Korean companies in securing overseas markets."
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Meanwhile, K-Sure has been strengthening cooperation with policy institutions of various countries to pioneer the North American market, such as signing memorandums of understanding with the U.S. Department of Energy and Export Development Canada in September last year, coinciding with the Korea-U.S. summit.
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