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Hoengseong county of Gangwon-do announced on April 17 that it signed MOU with Koryo Trading, a Korean food distribution company, in Singapore.
Heongseong county and Koryo Trading agreed on cooperation to boost export growth and economic vitality through such measures as Singapore export promotion, and support for production of quality agricultural products, among others.
Also, they joined brand and sales promotion events by joining "Special Sales Promotion Event for Hoengseong county's Food " held in North Point City Mall in Singapore for 7 days from April 15.
For this event, the county shipped export products worth approximately USD 40,000. With more sales promotion event planned in May, the county aims to export USD 5 million annually by acquiring additional contracts.
gsm@newsis.com
Source: Newsis (April 17, 2019)
** This article was translated from Korean.