Invest KOREA

The Korea Trade-Investment Promotion Agency (KOTRA) announced Friday that it held Korea-France Business Partnership Follow-up Meeting on November 22 for the companies which participated in the Korea-France Business Meeting in October in conjunction with the President's state visit.

The event was composed of three programs including general business meeting, K-beauty specialized meeting and startup summit. It was attended by 84 Korean firms and 248 French and European companies and had 853 one-on-one business meetings. One contract and MOUs were signed during the event.

The Follow-up Meeting was attended by related institutions including 13 small and medium-sized enterprises and Korea International Trade Association. During the meeting, the participants discussed on the difficulties and recommendations on the Business Partnership Event as well as follow-up support for tangible results of future businesses.

The participating companies requested for follow-up meetings that will invite local buyers to Korea for consistent consultation. They also requested KOTRA to organize events in conjunction with state visits of the President in order to secure overseas market and to get consistent market information.

"Europe including France is the key economic cooperation partner and is Korea's second largest export destination with USD 61.3 billion until October," said Kim Jong-chun, Executive Vice President for Economic Cooperation and Trade Affairs. "We will improve the economic diplomacy project process by implementing follow-up projects that fit needs of the companies and discover more contents of economic cooperation. It will enable business partnership to serve as important player for Korea in expanding businesses to foreign countries."

minki@newsis.com

Source Text

Source: Newsis (November 23, 2018)

** This article was translated from Korean.