-
KOTRA AND KEA HOLD
KOREAN PAVILION FOR
SMES AT CES 2017
-
The Korea Trade-Investment Promotion
Agency (KOTRA) and the Korea
Electronics Association (KEA) jointly
opened a Korean Pavilion at the
Consumer Electronics Show (CES) 2017
held on January 5, 2017 in Las Vegas.
Many Korean SMEs attracted attention
from buyers and visitors with their
advanced technologies and creative
ideas. In particular, all eyes were on
Carnavicom (carnavi.com), which displayed its light
detection and ranging screen door safety system. ESV
- (esv.co.kr), another Korean company,
unveiled its drones, earning favorable
reviews for their ingenious and simple
functions as well as affordable pricing.
At the event, global leading companies
also unveiled their cutting-edge products
in areas like smart home, augmented
reality, autonomous driving and wearable
products. 3,800 companies from 150
countries around the world, along with
65,000 participants, attended the exhibition.
-
KOTRA HELPS KOREAN
COMPANIES ENTER
EUROPEAN MOBILE
GAME MARKET AT
MOBILE GAME FORUM
-
From January 16 to 18, the Ministry of
Trade, Industry and Energy (MOTIE)
and KOTRA participated at the Mobile
Game Forum, the largest European
mobile game expo held in London.
At the event, participating Korean
companies signed new supply agreements
through pitching events, conferences
and networking receptions. They
had a chance to discuss the industry’s
development strategies and global market
trends together with big names like
Google Game, Unity and Microsoft. A Korean Pavilion was also in operation to
showcase some of Korea’s latest
- technology
and VR games. Participating companies included JSC Games (jscgames.com), Innospark (innospark.com), NR Studio (nrstudio.co.kr) and R Support (rsupport.com).
For Korean companies, the British
market is a test-bed market to enter the
European market. It is expected that the
UK’s mobile game market will surpass
USD 1.6 billion in 2019. As mobile
games are getting more accessible
through smart phones and table PCs,
pundits predict that the UK will become
an ever more attractive market to Korean
game developers.
- MINISTRY OF STRATEGY
AND FINANCE AND
KOTRA HOST
KNOWLEDGE SHARING
PROGRAM WITH
IRAN TO BOLSTER TIES
-
On January 19, KOTRA hosted a seminar
on Iran as part of its knowledge sharing
program (KSP). To commemorate
the first anniversary since the lifting of
Iranian economic sanctions, the seminar
was attended by 200 companies wishing
to enter the Iranian market through foreign
investment.
Iran, which seeks to expand foreign
investment, has carried out the program
since October 2016, in a bid to benchmark
Korea. With this program, Korea
provided policy advice
- on developing supply chains, including tips on how to
nurture Iranian corporations and accomplish
technology transfer through foreign
investment.
“Bilateral economic cooperation
focused on trade so far, but we now need
to seek strategic alliance in various fields,
including development cooperation,
mutual investment and technology
exchange,” said Wonksok Yun, Executive
Vice President for Business Information
and Trade at KOTRA.
-
KOTRA HOLDS AGRITOURISM
FAIR IN
CAMBODIA
-
From January 20 to 22, KOTRA held
the Agri-Tourism Fair in Cambodia’s
Siem Reap Province, and suggested new
business models combining agriculture
and tourism.
To modernize Cambodia’s outdated
tourism infrastructure and encourage
Korean companies’ participation in
regional development projects, the third
Agri-Tourism Fair was organized in
cooperation with Cambodia’s Ministry of
Tourism, Ministry of Agriculture, the
Provincial Government of Siem Reap,
relevant government agencies and
Korean companies in Cambodia.
Notably, the Cambodian embassy,
- the Korean community in Siem Reap, and
Cambodia Agriculture Association participated
with the hope of improving the
two countries’ bilateral relations and economic
cooperation.
“The Agri-Tourim Fair takes advantage
of Cambodia’s characteristics as a
strong agricultural country and tourism
powerhouse, and embodies KOTRA’s
earnest efforts to contribute to Cambodia’s
regional development and to identify new
business models for Korean companies",
said Kyoungmoo Kwon, Director for the
Cambodia Phnom Penh Office of
KOTRA.