The Export Plus Support Group is establishing a permanent cooperation channel with Gyeongsangbuk-do to enhance support for local export companies in obtaining overseas certifications and export financing.
On September 29, the Export Plus Support Group announced that it held a regional export promotion cooperation meeting with Gyeongsangbuk-do at the Gyeongsangbuk-do Economic Promotion Agency. This meeting was organized to create a permanent cooperation system for addressing the challenges faced by local export companies in collaboration with central and local governments.
Attendees included the deputy head of the Export Plus Support Group, the director of the Gyeongsangbuk-do Economic and Trade Bureau, representatives from KOTRA, the Korea Export-Import Bank Gyeongsangbuk-do branch, the Gyeongsangbuk-do Economic Promotion Agency, Gyeongbuk Commerce, and the Gyeongsangbuk-do Exporters Association.
The meeting discussed various challenges faced by local export companies, including discovering overseas buyers, obtaining overseas certifications, customs, and logistics. The Export Plus Support Group provided information on regional certification system briefings and real-time support channels operated by partner organizations such as KOTRA and the Ministry of Trade, Industry and Energy.
In response to local business needs, the support group will also hold a briefing on overseas technical regulations and certifications in the textile and fashion sectors on September 30 at the Daegu Trade Center.
Export financing support will be provided concurrently. On September 29, the support group held a briefing on export financing programs at the Daegu Trade Center in collaboration with policy financing institutions, including the Export-Import Bank, the Korea Trade Insurance Corporation, Industrial Bank of Korea, the Credit Guarantee Fund, the Technology Guarantee Fund, and the Small and Medium Business Administration.
The briefing introduced tailored financial support programs for small and medium-sized export companies, including preferential interest rate loans and trade insurance for receivables recovery. One-on-one consultations were also conducted at designated booths, with a total of 31 companies registering to attend.
Baek Jeong-hoon, deputy head of the Export Plus Support Group, stated that as uncertainties in the trade environment continue, the challenges faced by export companies are becoming more complex and diverse, making it crucial to respond to on-site demands. He added that the group plans to continuously expand cooperation channels with local governments and hold regional export financing programs and briefings on overseas technical regulations and certifications throughout the year.
Lee Kyung-gon, director of the Gyeongsangbuk-do Economic and Trade Bureau, noted that external uncertainties are increasing due to logistics and energy instability caused by the Middle East conflict and the spread of protectionism. He emphasized the need for close communication with the central government to support local companies' exports.
* This article has been translated by AI.
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