News & Notice

News & Notice
Subject KITA signs an economic cooperation MOU with Korea IT Network Date 2009-07-01 09:59:07
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Korea’s international trade gets its foot to achieve fast growth.

KITA signs an economic cooperation MOU with Korea IT Network.

 

Business network of domestic and overseas Korean companies based in the United States will strengthen. The Korea International Trade Association (KITA) has signed MOU with KIN to build the business network at Korea IT Network Conference 2008 (KINCON2008) held in San Jose, California USA on 17th June. KIN is an organization of 15,000 IT Korean-American businessmen running their business primarily in Silicon Valley. KITA in collaboration with KIN has plans to support making free homepages of Korean IT companies and Korean Economic Organization and to connect them in real time with tradeKorea.

Providing 150 free homepages to Overseas Korean Economic Organizations


KITA provides 150 free homepages of the Overseas Korean Economic Organizations (OKEO) and the Korea Chamber of Commerce and Industry (KCCI) located in the United States, China, Japan and other countries. Information on companies and products updated in their homepages will be automatically updated on tradeKorea.com through real-time interlocking system. Through this network, tradeKorea will provide more reliable database and invigorate online trade transactions between domestic and overseas Korean companies.


‣ An example homepage, OKTA in Harbin

Due to shortage of systematization and well-organized economic channels between domestic and overseas Korean companies had no way to contribute to the mutual economic development of Korea and themselves. KITA has opened 'Overseas Korean Economic Network' since November 2006 before reorganizing the website to tradeKorea in April 2008, and supported trade and business transactions between domestic and overseas Korean companies. In addition, KITA collaborates with the World Federation of Overseas Korean Traders Associations (World-OKTA), the Overseas Koreans Foundation (OKF) and currently helps to build homepages of the branches of OKTA.

 

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