Jeonnam Province Engages On-Site to Address Trade Barriers from the US

Meeting with Energy Companies Successfully Held
Discussions on Strengthening Export Competitiveness and Technological Innovation

On the 24th, Jeollanam-do held a meeting with local energy companies to understand the impact of the United States' protectionist measures on the regional economy and to listen to their difficulties. Provided by Jeonnam Province

Jeollanam-do recently held a meeting with local energy companies on the 24th to assess the impact of recent U.S. protectionist measures on the regional economy, listen to the difficulties faced by businesses, and seek solutions.

During the on-site communication meeting, the participants identified the practical challenges faced by energy companies under rapidly changing international trade conditions and a sluggish domestic market, and discussed effective support measures.

The companies participating in the meeting included Connected Co., Komemtech Co., and Withbeer Co., all small and medium-sized energy firms. They raised various issues and challenges such as support for overseas expansion to pioneer new markets, certification assistance to strengthen export competitiveness, and technological innovation to enhance the competitiveness of SMEs, and requested active cooperation.

Since 2021, Jeollanam-do has been promoting the Energy Week project to support local energy companies in entering overseas markets.

Focusing on the Middle East and Southeast Asia, ten Energy Week events have been held in six countries, with a total of 75 companies participating and export contracts worth approximately 5.5 billion KRW being signed. Notably, at the 2024 Korea-Austria Energy Week, support was provided to diversify overseas markets for local energy companies.

Kang Sanggu, Director of the Energy Industry Bureau of Jeollanam-do, said, “We will thoroughly review the difficulties and suggestions identified during this on-site visit and strengthen overseas expansion support programs to help energy companies pioneer new markets. We will also establish effective support programs to enhance export competitiveness and actively support the growth of local energy companies.”

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