Anduk Geun, Minister of Industry, "Exports Are Directly Linked to People's Livelihood"

Meeting with Koo Ja-yeol, Chairman of the Korea International Trade Association
Six Major Economic Organizations Engage in Relay Communication

Minister of Trade, Industry and Energy Anduk Geun stated on the 10th, "This year as well, with the determination that 'export is livelihood,' it is necessary for the public and private sectors to work as one team to firmly establish an upward trend in exports and ensure that exports play a key driving role at the forefront of Korea's economic growth."

On the same day, Minister Ahn visited the Korea International Trade Association (KITA) and met with Koo Ja-yeol, chairman of the Trade Association, to make these remarks. This visit was the first event to strengthen communication with the six economic organizations since the minister's inauguration. It was conducted with the intention that close communication and cooperation between the public and private sectors are necessary to prioritize exports in policy and maintain a solid upward trend this year as well.

Anduk Geun, Minister of Trade, Industry and Energy. (File photo) Photo by Hyunmin Kim kimhyun81@

At the meeting, Minister Ahn promised the smooth execution of unprecedented export support projects, including 355 trillion won in trade finance and 1 trillion won in export marketing, and requested active cooperation from the association representing the export industry in preparing export support measures that companies can feel through the 'Public-Private Joint Export Expansion Countermeasure Meeting' and 'Export Field Support.' He also emphasized, "Through the conclusion of new trade agreements such as the Economic Partnership Agreement (EPA), we will expand our economic territory and provide opportunities for Korean companies to enter new markets. At the same time, regarding the disruption of maritime logistics in the Red Sea, the association, which has established a network with the logistics industry, should work together to prepare proactive countermeasures."

Chairman Koo congratulated Minister Ahn on his inauguration, saying, "Minister Ahn is an international trade expert who combines theory and policy practice, and we expect him to greatly help strengthen our industry and export competitiveness amid a trade environment where nationalism is intensifying." He added, "The Trade Association will also fulfill its role as a private policy partner to ensure that the recent momentum of export recovery can expand and sustain into long-term industrial competitiveness."

Starting with this visit to the Trade Association, Minister Ahn plans to reflect the voices from the field into policy through communication with the remaining five economic organizations and companies.

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