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| HOME > Business & Trade > Trade |
| The Embassy of Korea has several resources to help those interested in doing business with Korean companies. |
| :: Korea International Trade Association(KITA) |
The is Korea’s largest non-profit business association, with
a history of 56 years. Over the past half-century, KITA has grown into
a trade promotion agency representing Korean businesses. KITA provides
a variety of direct services such as business arrangements and trade consulting.
It also assists trading companies in resolving grievances by reporting
them to relevant government authorities. KITA will continue to enhance
public awareness on the significance of trade in order to foster and promote
Korea's commercial potential with the global community.
It has been and will continue to be the driving force behind Korea's
international
trade in the 21st century by building the necessary infrastructure through
the training of trade experts, establishing cyber trade infrastructure,
hosting international special exhibitions, and implementing new trade
strategies.
KITA offers several resources for those seeking information on trade
with Korea. There is a company directory and trade statistics for Korea,
as well as information on upcoming trade exhibitions.
For more information on KITA, please visit their English-language website
at http://www.kita.org.
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| :: Korea Trade-Investment Promotion Agency
(KOTRA) |
| KOTRA came into being as the Korea Trade Promotion Corporation, a nonprofit
governmental organization established June 21st, 1962 to pursue the national
policy goals of maintaining the trade balance and building a self-reliant
economy. For almost four decades, KOTRA has contributed to the development
of the Korean economy through various trade promotion activities, such as
trade information, market research services and business matchmaking.
With its long-term experience and expertise, KOTRA stands fully ready
to serve and assist all interested parties worldwide to do business with
Korea.
In August 1995, KOTRA added cross-border investment promotion and support
for technological and industrial cooperation projects to its mandate, assuming
its present name of the "Korea Trade-Investment Promotion Agency.¡±
Since the economic crisis of 1997, the Korean government has been pursuing
a strategy of encouraging exports and inducing foreign investment in the
belief such a two-fold approach is the only way to return the country
to prosperity and sustainable growth. KOTRA is committed to playing a
key role in the implementation of this policy.
In order to execute its mandate more efficiently, KOTRA has built an
extensive worldwide network of overseas Korea Trade Centers (KTC). Some
98 KTCs operate in 72 countries as of March 2002.
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| :: KOTRA NORTH AMERICA |
KOTRA has a strong presence in North America with 12 Korean Trade Centers
across the United States and Canada. These centers can help potential customers
in the following areas:
Business
Matchmaking |
On request, KOTRA introduces importers to the most appropriate
business partners in Korea through our wideranging inquiry network
as well as business meetings held year round. KOTRA also operates
a Buyer Service Center at our head office, where buyers visiting Korea
can receive assistance in arranging business meetings with Korea companies
and collect information on Korean products and suppliers. |
Trade Missions |
KOTRA organizes trade missions to enable Korean companies better
penetrate world markets. KOTRA's trade mission program is undertaken
mainly for the needs of small-and medium-sized companies, many of
whom do not have their own overseas marketing capability. |
Exhibitions |
KOTRA organizes international exhibitions in Korea and arranges
the participation of Korean companies in similar events overseas.
Each year thousands of domestic firms participate in KOTRA-organized
international trade fairs and exhibitions. displaying their growing
diversity and sophistication of products and services. |
SETEC |
KOTRA operates the newly built Seoul Trade Exhibition Center (SETEC),
which has been designed to offer a state-of-the-art venue for foreign
exhibitors on very attractive terms. |
For more information on these services, as well as contact information
for the Korean Trade Centers, please visit KOTRA North America's website
at http://www.kotrana.com/en/.
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