Showing posts with label Korea International Trade Association. Show all posts
Showing posts with label Korea International Trade Association. Show all posts

Wednesday, November 19, 2014

Market place - KITA

Agency Description
TradeKorea tradeKorea.com gives massive amount of information with over 70,000 KITA members and non-member domestic companies. Also, multifunctional e-catalog, inquiries & offers, and meeting potential business partners are provided(run by KITA, Korea International Trade Association)
click
GobizKorea GobizKorea publishes information on high-quality products, and provides the manufacturer matching service to foreign buyers in search of reliable business partners(run by SBC, Small and medium Business Corporation)
click
EC21 EC21 offers global market research, on/offline overseas marketing, trade education programs and overseas cooperation. Also, EC21 operates the EU Gateway Programme, a business cooperation funded and managed by the (EU)(run by EC21)
click
ecplaza ecplaza operates not only B2B website, EDI service and trade consulting but also offline trade-related services for SMEs(run by ecplaza)
click
buyKorea A global B2B e-marketplace which supports product search, online transaction, EMS shipping etc.(run by KOTRA, Korea Trade-Investment Promotion Agency)

Annual Trade Indicator - KITA

Cultural Spots - KITA



 

History - KITA

- May 2000 Extension of World Trade Center Seoul completed
- October 2000 Hosted the 3rd Asia-Europe Meeting (ASEM)
- June 2002 Shanghai Center established
- February 2005 Korea International Logistics Council established
- February 2005 Korea Paperless Trade Center established
- February 2006 Washington Center established
- February 2006 Singapore Center established
- July 2006 Announced “The New KITA Strategy” for KITA’s 60th anniversary
- April 2008 tradeKorea.com service opened
- April 2009 COEX Artium established
- November 2010 Hosted G20 Seoul Summit
- April 2011 Jeju Center Established
- September 2011 Ho Chi Minh Center Established
 
- July 1946 KITA founded
- April 1948 Tokyo Center established
- January 1967 New York Center established
- January 1972 Joined WTCA (World Trade Center Association)
- August 1974 New York Hankook Center (U.S.A) Inc. founded
- August 1978 COEX established
- February 1984 World Trade Academy opened
- May 1984 Brussels Center established
- June 1986 Busan Trade Tower established
- September 1988 Construction of WTC Seoul completed
- December 1991 KTNet established
- August 1992 Beijing Center established
- April 1995 Gyeongnam Trade Tower opened
- October 1995 Gwangju Trade Tower opened
 

Organization - KITA

CEO's Profile - KITA

 
 

Paperless Trade via u_Trade Hub - KITA

KITA actively establishes and promotes the use of electronic trade infrastructure and operates a website that serves as a one-stop service center for trade information.

- Paperless e-trade system called u-TradeHub(http://www.utradehub.or.kr), the national electronic   trade infrastructure, allows trade companies to save time and costs, contributing to enhanced   export competitiveness.

- KITA conveniently provides extensive trade information on its official website(http://www.kita.net).

Researching Industry and Nurturing Experts - KITA

As a think tank representing Korea's trade industry, KITA presents new trade strategies and nurtures trade experts who will lead global trade in the 21th century.

- KITA is committed to a new vision for Korea's trade through the development of practical strategies   based on trade facilitation studies, FTAs with key countries, studies on economic issues in different   regions, and analyses of export-import and global economic trends.

- KITA runs education programs that range from trade practice, international marketing and finance   to foreign languages. So far, these programs have produced over 200,000 trade professionals. The   organization not only nurtures the next generation of global trade experts, but also transfers   education and training systems   to developing countries.

Resolving Industry Difficulties - KITA

KITA aims to resolve challenges faced by the Korean trade industry.

- KITA's Trade Call Center is open to companies that are experiencing difficulties in their trade   operations. Translation and consulting services concerning import restrictions are also available.

- KITA operates Trade SOS(http://tradesos.kita.net) where companies can request for customized   on-site trade consulting to gain a stronger control over their business.

- KITA offers RADIS to help businesses reduce costs, as well as diverse programs and information   sessions for start-up trade companies.

Enhancing Export Competitiveness - KITA

KITA helps Korean businesses tap into foreign markets and provides a wide range of information for increased competitiveness in exports. KITA also attracts a significant number of foreign buyers every year by hosting exhibitions and trade fairs.

- KITA dispatches delegations to different countries and holds trade consultations throughout the   year to promote outstanding Korean products. The Korean Wave has also created an opportunity   for Korean SMEs to effectively market their exports.

- KITA has developed a website(http://www.tradekorea.com) for SMEs to find new customers and   secure a wide range of business connections through an online buyer database.

- KITA holds exhibitions and trade fairs for Korean companies to introduce their goods and services   to overseas buyers.

Building Better Trade Environment - KITA

KITA assists in Korea's trade environment and infrastructure establishment with cooperation from various international organizations.

- Based on public-private cooperation, KITA represents the Korean trade industry and supports the   settlement of trade issues and disputes. The organization is a leader in advancing export   strategies, trade systems and procedures. It also develops trade policies related to finance,   foreign exchange, tax and duty rates.

- KITA opens doors to markets abroad through close economic cooperation with major trading   partners including the US, China, Japan and EU member countries. It also collaborates with the   private sector for successful conclusion and utilization of FTAs.

- KITA expands export opportunities for the Korean business community. The organization has   signed business agreements with 180 foreign institutions and offers diverse trade opportunities   through its partnership projects with government agencies and private organizations around the   world.

KITA profile


The Korea International Trade Association(KITA) was established in 1946 with the objective of advancing the Korean economy through trade, and is currently the largest business organization in Korea with over 71,000 member companies. Representing the interests of Korea's global traders, KITA serves a diverse range of roles including: providing hands-on support to trade companies, drawing trade cooperation from the private sector, formulating new trade strategies, nurturing trade professionals and building trade infrastructure. With a widely established network of 11 domestic offices and 8 overseas branches in major cities, KITA has consolidated its position as a leading business organization dedicated to assisting SMEs in gaining foreign market entry and has actively contributed towards Korea's recent achievement of 1 trillion dollars in trade volume.
105 pioneering traders launched KITA on July 31, 1946, and since its founding, the organization laid the foundation for economic growth by setting policy directions in trade, as well as developing the national trade infrastructure.
KITA's goal is to contribute to the development of the national economy as a private economic organization through advocacy of the Korean trade industry's rights and interests, and thereby facilitating global trade.
- Propose suggestions and related policy improvements to the government for protecting the rights and interests of its member companies.
- Develop new foreign markets and enhance private sector trade.
- Organize world-class exhibitions.
- Foster global trade professionals.
- Conduct investigations and studies for increasing national competitiveness.
- Establish e-trade infrastructure and expand user base.
Since Korea's trade volume reached 1 billion dollars in 1967, the country has achieved remarkable economic growth over the past few decades, becoming the ninth country in the world in 2011 to attain a trillion-dollar trade volume. This signifies a new opportunity for Korea to raise its status in the global economic arena. To create a new paradigm fit for this new chapter in trade, KITA will make its utmost effort to lay the groundwork for future trade through maximizing Korea's status as an FTA hub, bolstering growth and strengthening support for the Korean trade industry.