KOTRA and Korea Data Industry Promotion Agency Join Forces to 'Seize Overseas Data and AI Markets'

[Asia Economy Reporter Jin-ho Kim] KOTRA announced on the 17th that it has signed a business agreement with the Korea Data Industry Promotion Agency to "promote the overseas expansion of domestic data companies and establish an ecosystem."

Through this agreement, the two organizations will identify promising data and artificial intelligence companies for overseas expansion to strengthen export capabilities, and support overseas marketing projects for overseas expansion and cooperation with global companies.

Under this agreement, data and artificial intelligence (AI) specialized companies selected through the Korea Data Industry Promotion Agency will receive overseas marketing support such as ▲export consulting ▲participation in overseas exhibitions ▲local order support in connection with KOTRA's overseas IT support centers located in the United States, China, and Japan. Additionally, the two organizations plan to expand cooperation to include global data industry trend surveys, data expert training education, and trade data certification fields.

Yoo Jung-yeol, President of KOTRA, said, “The digital transformation sweeping across industries worldwide is providing new business opportunities for our companies,” and added, “We will actively support our companies' overseas market expansion to lead the data and artificial intelligence market, which is a future growth industry.”