Samsung Welstory and aT Sign Agreement to Boost Export of Agrifood SMEs

Discovering Outstanding Companies, Supporting Vietnam's Logistics and Distribution Infrastructure

Samsung Welstory announced on the 8th that it has signed a business agreement with the Korea Agro-Fisheries & Food Trade Corporation (aT) to promote exports of small and medium-sized enterprises (SMEs) in the domestic agricultural and food sector.

Jae-rin Jeong, President of Samsung Welstory (right), and Moon-pyo Hong, President of Korea Agro-Fisheries & Food Trade Corporation (aT), are posing for a commemorative photo after signing a business agreement to promote exports of small and medium-sized enterprises in the domestic agricultural and food sector.
[Photo by Samsung Welstory]

Through this agreement, Samsung Welstory will provide overseas logistics and distribution infrastructure, while aT will support export expertise to activate exports of domestic SMEs. Specifically, Samsung Welstory plans to discover outstanding agricultural and food SMEs among its partner companies supplying food ingredients and assist their exports by linking with aT’s export support projects.

aT supports various areas such as export consulting for small and medium agricultural and food companies without export experience, fostering export items tailored to local markets, and pioneering local distribution networks through its export support projects.

Since its completion in May this year, Samsung Welstory plans to support the Vietnam cold chain new logistics center, designated as an 'overseas joint logistics center' hosted by aT. It also intends to expand export channels for SMEs by connecting with large and excellent global B2B (business-to-business) partners currently in cooperation. Additionally, a dedicated pavilion for domestic regional agricultural products will be newly established at the B2B food and beverage expo 'Food Festa' held in April next year, and joint cooperation will be made to revitalize agricultural product consumption by participating in the online wholesale market for agricultural and fishery products hosted by aT, distributing domestic agricultural products at low cost.

Jung Hae-rin, President of Samsung Welstory, emphasized, "Through this agreement, we aim to establish a strategic partnership that can contribute to the development of the K-Food export industry," adding, "We plan to actively support Samsung Welstory’s domestic and overseas distribution networks so that competitive items from domestic SMEs can enter overseas markets through various channels."

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