KOTRA - Korean Trade Investment Promotion agency established to contribute to the development of the national economy by performing work such as trade promotion, investment between domestic and foreign companies and support of industrial technology cooperation etc.
Main functions and roles:
Expanding medium and small-sized enterprises’ business in overseas markets
Supporting small-sized enterprises (SME) to extend their business abroad
Overseas market information production, spread and consulting
Attract foreign investment
SME Global Business Training and attracting foreign professionals
Improving national brand, supporting international development cooperation, supporting munitions trade
Performing projects accepted by the government
*Organization
Headquarters: 6 headquarters 33 departments 3 centers
Overseas: 10 regional headquarters, 127 Overseas Trade Centers (84 countries)
Korea: 12 KOTRA support Center, 1 Airport office
KOTRA has always been at the forefront of innovation, acting as a platformfor expanding business activities between companies at home andabroad. We’ve also been a pioneer in multilateral economic cooperation,discovering global partnerships and international investmentopportunities.
Life as we know it has been disrupted by the COVID-19 pandemic, forcingus to adapt to new ways of living life and doing business. Furthermore,digital transformation, the restructuring of global value chains (GVC),carbon neutrality goals, and shifting trade policies are ushering in an eraof reform.
KOTRA believes it is crucial now more than ever to uphold mutuallybeneficial partnerships during these times of change.
In order to thrive in the ever-changing global business landscape, we arecommitted to the following three key missions:
First of all, we will concentrate our company-wide capabilities on digitaltransformation to contribute to the expansion of international trade andto enhance your trade experience with Korea.
Second, we will drive cooperation in the global manufacturing sector andR&D. Such open innovation is emerging as a new trend due to GVCrestructuring. KOTRA will help overseas companies cooperate with Koreanpartners so they can utilize South Korea as a GVC hub based on itsexcellent manufacturing infrastructure and abundant R&D talent.
Lastly, we will engage all of our 127 overseas offices to strengthen ourflexibility and fluidity so we can quickly acclimate to the new environmentinduced by carbon neutrality and digital transformation, and adapt to newtrade policies introduced by our trade partners.
We consider you our partner and friend. KOTRA looks forward to yourcontinued support and guidance.