DAEGU < invest Korea

According to Yonhap News,

Daegu-si signed an MOU with the Los Angeles Korean American Chamber of Commerce (KACCLA) in the U.S. to help the local food companies enter the U.S. market on September 28.

The two sides have agreed to jointly push for cooperative projects to identify various demands of the companies entering the US and prepare responsive measures, including export brokerage, information provision, investment information and related trends sharing, and support for the establishment of a promotion network in the U.S.

The MOU is the first step to expand exports to the US in connection with various policies, such as support for international certification of food exports and the development of customized products for each country, which had been pursued to transform Daegu's food industry, mostly remain domestic, into exports-oriented.

The KACCLA, established in 1971, is considered one of the leading Korean-American economic organizations in the US.

It has established a business network with Korean business people across the US, including LA, and around the world, including Korea and China, supporting the economic activities of Korean business people .

In particular, its membership in a wide range of areas including insurance, finance and distributors including Hannam Chain, Home Shopping World that have a vast distribution network across the US, is expected to greatly help products produced in Daegu expand exports to the US.

duck@yna.co.kr

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Source: Yonhap News (September 28, 2024)