ULSAN < invest Korea

According to Yonhap News,

The city of Ulsan said on Jan 19 that they set a package of trade policies to help local SMEs explore and form sales networks overseas. The rules are set to apply to four segments with 25 detailed sub-projects that entail biz-support programs to help gain access to sales channels abroad, a set of trade-support policies by each growth stage, marketing programs and biz-capacity development programs to help get better ready for the externalities for 683 business this year.

The cost for the project is reported to total KRW 2.4 billion. To avoid any possible COVID-19 infections caused by in-person transaction, they city government runs the program both on and offline. This year, in particular, Ulsan city forms and sends a trade delegation, who wish to tap deeper into global markets, six times.

In addition, the authorities host Ulsan Export Plaza 2021 and trade shows of marine, shipping and port equipment industry, while supporting world famous international exhibitions. Providing financial aids to cover the cost for translation service, shipping and logistics, export credit insurance and etc.

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Source: Yonhap News (Jan 19, 2021)