|Kwon Pyung-oh, president of KOTRA, during a meeting with small and medium-sized enterprise leaders in September (KOTRA)|
With over 7,700 South Korean businesses and over 14,000 foreign buyers having taken advantage of KOTRA’s business consulting services, which began in February, a total of 446 business deals have been struck so far, worth 80.2 billion won ($72 million), KOTRA explained.
Earlier this month, one Korean education tech company reached a deal worth $76,000 with an education service provider based in Qatar while a cosmetics company reached a deal worth $1 million with a Romanian distributor after both received help from KOTRA, the agency said.
“KOTRA will provide further support to ensure that small and medium-sized enterprises that take part in its consulting program reach an export deal,” said Kwon Pyung-oh, president of the agency.
By Yim Hyun-su (firstname.lastname@example.org)