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News Letter

04.2020

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Ministry of Industry Korea and Trade-Investment Promotion Agency (KOTRA) Offers Enhanced Support for Companies to Encourage Overseas Marketing Weakened by COVID-19

Ministry of Industry Korea and Trade-Investment Promotion Agency (KOTRA) Offers Enhanced Support for Companies to Encourage Overseas Marketing Weakened by COVID-19

Expanded Video Conference Support

- Domestic companies receive enhanced support through expansion of video conference capacity. It is expected to help the companies find new buyers and manage existing buyers without going abroad.


< Expansion of Video Conference Capacity >

Category Role

Headquarters and Local Support Group
(5 Booths ⇢ Planning to Expand to 60 Booths)

  • •A desktop video conferencing session can be booked anytime through the KOTRA’s video conferencing demand desk.
  • •Interpretation and consulting infrastructure support

Foreign Trade Hall
(Planning to Expand from 44 Key Trade Centers to 88)

  • •Provide customized buyer consultation according to new demand
  • •Interpretation and consulting infrastructure support

- Companies in need of video conferences or meetings can apply through the KOTRA headquarters and the 13 regional support groups. The KOTRA Trade Center helps domestic companies find suitable buyers based on the evaluation of the local marketability for each applicant, and arranges 1:1 video conferences or meetings. It can be used in an office or home free-of-charge. Interpretation support is also available free-of-charge.


Marketing and Management Support as a Part of Emergency Measures

- For companies that are having difficulties in engaging local marketing for overseas markets due to restrictions on Korean visitors, the Trade Center provides overseas marketing and management support as a part of emergency measures, such as managing customers and obtaining licenses.

* Support for Export Contracts, Support for Participation in Exhibitions/Conferences, Management of Existing Customers, License Acquisition Support, and Corporation Establishment Support


< Expansion to the Local Marketing Agency >

Category Existing Expansion (Existing + in Aid of Additional Function of the Marketing Agency)

Support Contents

Support for Export Contracts, Support for Participation in Exhibitions/Conferences, Logistics Customs Consulting, Business Travel Agency Support, Management of Existing Customers, Access to Local Distribution Networks, License Acquisition Support, Brand Promotion, Project Participation, and Local Corporation Establishment Support

Subscription Period

More Than 1 Month Sign Up Immediately

Service Period

1 year3 months (Quarterly Extension If Necessary)

Participation Fee

₩3,000,000(Differentiated by Region)₩750,000(Regardless of Region)

※ For more information, please visit the website of the Ministry of Trade, Industry and Energy(http://www.motie.go.kr)

Source and Inquiries: Ministry of Trade, Industry and Energy

TEL. 02-3460-7426