Former Industry Minister Yoon Jin-shik officially took the reins of the Korea International Trade Association, the nation's largest trade lobby group, after being approved at a general meeting on Tuesday. "Korea's exports experienced difficulties with the slowdown of the global economy but it will improve," Yoon said at a press event held after the meeting. "The biggest problem with exports i.
Yoon Jin-sik, the newly appointed head for the Korea International Trade Association (KITA), will focus on improving the nation’s unbalanced export structure by diversifying trade items and export countries, as the economy is still vulnerable to external risks stemming from unpredictable geopolitical conflicts abroad, he told reporters during a media briefing, Tuesday.
The new head of the Korea International Trade Association (KITA) on Tuesday urged Korean industries to stay vigilant against the growing possibility of trade protectionism by the United States against Korean exports.
The nation’s trade association has established the Korea-Japan Special Exchange Committee to boost private business partnerships between the two countries amid thawing bilateral relations, the Korea International Trade Association (KITA) said Wednesday.
Korea International Trade Association Chairman Koo Ja-yeol (right), who doubles as LS Group's chairman, shakes hands with Joe Wilson, the US representative for South Carolina, after their meeting on ways to boost economic cooperation in supply chains between the two countries at the Trade Tower in Seoul, Wednesday. During the meeting, Koo gifted Rep. Wilson a name card engraved with the Korean name Cho Il-seon, .