"Supporting Middle East Expansion"... Ulsan City Dispatches Industrial Machinery Trade Delegation to United Arab Emirates

Recruitment Until August 14, 8 Small and Medium Enterprises to Be Selected

Ulsan City will support local small and medium-sized enterprises (SMEs) seeking to enter the Middle Eastern market.

Ulsan City announced on the 28th that it will dispatch the "UAE Industrial Machinery Trade Delegation" from October 13 to 19 and is recruiting participating companies until August 14.

This trade delegation is being organized to prepare for the new Middle East boom following the recent consecutive conclusion of the Korea-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (CEPA) and the Korea-Gulf Cooperation Council (GCC) Free Trade Agreement (FTA).

The delegation plans to hold export consultations with local overseas buyers and seminars on local trends in Abu Dhabi and Dubai, United Arab Emirates, and to inspect local industries.

Eligible applicants are SMEs related to industrial machinery technology with business registrations in Ulsan. Eight companies will be selected through local marketability evaluations.

Participating companies will receive support for overseas market research, matching with local buyers, consultation venue rental fees, interpretation costs, and one-way airfare.

Companies wishing to participate can apply through the Ulsan Trade Support System by August 14. For more details, refer to the Ulsan Trade Support System, the Ulsan Economic and Job Promotion Agency website, or contact the Market Development Team of the Business Support Department at the Ulsan Economic and Job Promotion Agency.

An official from Ulsan City stated, "With the recent conclusion of the Korea-UAE Comprehensive Economic Partnership Agreement, we are dispatching a trade delegation to the UAE to establish a bridgehead for Ulsan SMEs to enter the Middle Eastern market."

Ulsan City Hall

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