'The 8th Korea-Mekong Business Forum'
- Sought cooperation and
sustainable growth between SMEs in Korea and Mekong region -
The Korea International Trade Association (Chairman:
Kim Young-ju) held “The 8th Korea-Mekong Business Forum” in Hanoi,
Vietnam on December 4th.
The event was held under the theme of 'Business
Environment in the New Normal Era-Turning Crisis into Opportunity'. Over 150
individuals participated in the online and offline events, including Cho
Hak-hee, the head of International Affairs Group at the Korea International
Trade Association, Lee Tae-ho, Second Vice Minister of the Ministry of Foreign
Affairs, officials from the governments and economic organizations from five
Mekong countries, such as Cambodia, Laos, Myanmar, Thailand, and Vietnam, and
Korean business people who run local businesses in the region.
Cho Hak-hee, the head of International Affairs Group
at the Korea International Trade Association, said, “Since the 2nd
Korea-Mekong Summit in the the form of a video conference held in November
upgraded the relationship between the two countries to a 'strategic
partnership', the scope of cooperation will expand in the future” and added,
“Public-private partnership is crucial to achieve win-win prosperity as well as
sustainable growth between Korean-Mekong small and medium businesses and to
overcome COVID-19 crisis.”
In the following forum, presentations on new
challenges and opportunities faced by SMEs, and win-win and growth between
companies in Korea and Mekong region, and discussions on successful cases of
cooperation and plans for cooperation were carried out. In the consultation
session held on the same day, 20 Korean companies attended and conducted online
meetings for export consultation with 30 buyers from 5 Mekong countries.
Meanwhile, the Korea International Trade Association
is taking the lead in supporting overseas business activities for Korean
entrepreneurs. The body established a council of Korean-Mekong entrepreneurs
with five Mekong economic groups in December last year. In July of this year,
the association delivered a joint proposal with the economic groups of five
Mekong countries to the government of each country with a view to introducing
fast track between Korea and Mekong five countries.