Chairman Jin-Sik Choi of the Korea Federation of Medium-Sized Enterprises: "Medium-Sized Enterprises Should Focus on the New Eurasia Market"

Meeting with Tarash Papaskua, Ambassador of Georgia to Korea
Exploring Ways to Expand Cooperation for Medium-Sized Enterprises' Overseas Expansion

Amid rapidly changing global trade and commerce conditions, there are calls for Korean medium-sized enterprises to focus on the New Eurasia region as a breakthrough for diversifying exports and supply chains.

Jin-Sik Choi, Chairman of the Korea Federation of Medium-Sized Enterprises (left), and Tarash Papaskua, Ambassador of Georgia to Korea, are posing for a commemorative photo. Korea Federation of Medium-Sized Enterprises

The Korea Federation of Medium-Sized Enterprises announced on the 15th that Chairman Jin-Sik Choi met with Tarash Papaskua, Ambassador of Georgia to Korea, and expressed this view. During the meeting held on the 14th, Chairman Choi emphasized, ""Georgia, the first country with which Korea signed an Economic Partnership Agreement, is a key economic cooperation partner that has secured a physical and practical gateway to the Eurasian corridor through its free trade agreement network with 46 countries, including the European Union and China."

Chairman Choi added, "In particular, Georgia's business-friendly environment-such as an average annual economic growth rate of about 6%, a corporate tax rate of 15%, and a regulatory system aligned with EU standards-can provide sufficient incentives for investment as a new base for qualitative growth of medium-sized enterprises."

In response, Ambassador Tarash Papaskua stated, "The technological competitiveness of medium-sized enterprises leading the materials, parts, and equipment industries can provide practical support for Georgia's ongoing efforts to diversify and modernize its industries." He also said, "I will work more closely with the Korea Federation of Medium-Sized Enterprises to support Korean medium-sized enterprises' entry into Georgia, the EU, and neighboring markets, and to expand practical cooperation between the two countries."

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