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Martial Arts Teams Up with Netherlands' Largest Business Association... 'Strengthening Bilateral Business Cooperation'

Chairman Gu Ja-yeol Signs Business Agreement in the Netherlands

On the 13th (local time), the Korea International Trade Association (KITA) signed two Memorandums of Understanding (MOUs) in Amsterdam, Netherlands, to strengthen business cooperation with the Netherlands.


On the same day, during the 'Korea-Netherlands Business Forum' held in the afternoon, KITA Chairman Koo Ja-yeol signed an MOU for the activation of exchanges between Korean and Dutch businesspeople with Ingrid Thijssen, Chairperson of the Netherlands Employers Federation (VNO-NCW). The VNO-NCW is the largest business organization in the Netherlands, representing approximately 186,000 member companies, including large corporations, small and medium-sized enterprises, and mid-sized companies.


Martial Arts Teams Up with Netherlands' Largest Business Association... 'Strengthening Bilateral Business Cooperation' On the 13th (local time) in Amsterdam, Netherlands, Koo Ja-yeol, Chairman of the Korea International Trade Association (left), and Ingrid Thijssen, Chairwoman of the Dutch Employers' Association (VNO-NCW), are taking a commemorative photo after signing a Memorandum of Understanding (MOU) to promote exchanges between Korean and Dutch businesspeople. / Photo by Korea International Trade Association

Both parties recognized that strengthening corporate cooperation would contribute to maximizing mutual economic benefits between the two countries. Going forward, they plan to build partnerships between companies of both countries and support the strengthening of relationships. They also agreed to promote the exchange of information and experiences in cooperation fields, facilitate the formation of business delegations, and explore potential areas for collaboration. Specifically, they plan to ▲ jointly hold Korea-Netherlands trade and investment seminars and conferences ▲ dispatch economic delegations ▲ provide mutual information on incentives (such as industrial and investment subsidies) in each country.


Meanwhile, on the same afternoon, KITA Vice Chairman Jung Man-ki and COEX President Lee Dong-gi signed a tripartite MOU with Evert Jan Sjouwstra, CEO of WTC Leeuwarden, for the promotion of trade and activation of the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry between the two countries. Based on this agreement, the three organizations will expand cooperation related to exhibitions and exhibition venues and strengthen collaboration in the MICE industry by hosting joint events.


They will also dispatch trade delegations to promote bilateral trade and work to expand participation in national pavilions at promising exhibitions. They plan to hold joint seminars and workshops and support mutual marketing activities, among various other initiatives. KITA stated, "We will ensure that this MOU leads to tangible results in cooperation between companies of both countries," adding, "We plan to operate systematic and continuous cooperation channels and regularize cooperative activities between companies of the two countries."


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