Team Naver Partners with Export-Import Bank for IT-Based Global Business Collaboration

On the 21st, after signing the business agreement (MOU) between Team Naver and the Export-Import Bank of Korea at Naver headquarters 1784, Seok Sang-ok, CEO of Naver Labs (from left), Kim Yoo-won, CEO of Naver Cloud, Chae Sun-joo, Head of External & ESG Policy at Naver, Yoon Hee-sung, President of the Export-Import Bank of Korea, Shim Jae-sun, Head of Infrastructure Finance Department at the Export-Import Bank of Korea, and Koo Ja-young, Secretary at the Export-Import Bank of Korea, took a commemorative photo. Photo by Naver

Naver and Naver Cloud announced on the 22nd that they have signed a Memorandum of Understanding (MOU) with the Export-Import Bank of Korea to strengthen competitiveness for global business expansion based on advanced IT technology.

Through this MOU, they will promote information exchange on IT-based smart city overseas development projects, jointly discover new business opportunities, and support financial assistance from the Export-Import Bank of Korea for global projects led by Team Naver.

In particular, Naver expects that with the financial support capabilities of the Export-Import Bank of Korea, the momentum for the global expansion of advanced IT technology-based businesses promoted by Team Naver, such as the digital twin construction project in Saudi Arabia, will become more solid.

Chae Seon-ju, Head of External and ESG Policy at Naver, said, "Team Naver's global expansion has been possible not only because of the technology accumulated over a long time but also because of excellent partners working together. We will continue to invest in advanced technology research and development (R&D) and strive to further enhance Team Naver's global competitiveness in collaboration with various domestic and international partners."