Gwangju Chamber of Commerce Holds FTA Trade Desk to Address Changing Trade Environment

On the 17th, the Free Trade Agreement Trade Promotion Center held the 'Visiting FTA Trade Desk' at the Kim Daejung Convention Center. Provided by Gwangju Chamber of Commerce and Industry

The Free Trade Agreement Trade Promotion Center, operated by the Gwangju Chamber of Commerce and Industry, announced on the 17th that it held the 'Visiting FTA Trade Desk.'

More than 50 executives and employees from small and medium-sized enterprises attended the event held at the Kim Daejung Convention Center on this day. Hosted by the Ministry of Trade, Industry and Energy and jointly organized by the Gwangju FTA Trade Promotion Center and the Jeonnam FTA Trade Promotion Center, the event was designed to support local companies in strengthening their capacity to utilize FTAs and enhance their export competitiveness in a changing trade environment.

During the seminar session, Professor Lee Kyungrae from Sunchon National University analyzed changes in the trade environment, such as the high tariff policy of the second Trump administration and the intensifying US-China trade conflict, and presented response strategies for Korean companies. Jeon Yongdae, a customs broker from Sunyul Customs Corporation, introduced ways to reduce export costs through customs duty refunds and the use of FTA preferential tariffs.

Next, Oh Beomtaek, a member of Kim & Chang, explained risk management and response strategies for companies in relation to the introduction of the EU Supply Chain Law. Simultaneously, seven local export support organizations, including the Korea International Trade Association and the Gwangju Main Customs Office, operated on-site consultation booths, providing tailored one-on-one consulting to address various challenges in trade, customs, and logistics, thereby offering practical advice and increasing the satisfaction of participating companies.

Kang Jobyung, head of the Gwangju FTA Trade Promotion Center, stated, "The recent spread of global protectionism and the strengthening of supply chain regulations have increased the uncertainty faced by local companies," adding, "I hope this event serves as an opportunity for companies to seek practical solutions to adapt to these changes."

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