Gyeonggi Province, through the Gyeonggi Regional FTA Trade Promotion Center, has dispatched the "Georgia Automotive Parts Business Environment Investigation Team" to support local automotive parts companies in entering the U.S. market.
This investigation team was sent as a follow-up to the preliminary team dispatched in March, aiming to proactively respond to the strengthening of manufacturing reshoring and the imposition of a 25% tariff on imported automotive parts, both of which have intensified since the Trump administration took office in the United States.
The team is composed of ten promising automotive parts companies from the province. From June 24 to 29, they visited Georgia, a major industrial hub in the southeastern United States, to directly assess the local business environment and explore concrete market entry strategies. The local activities were conducted in cooperation with the KOTRA Atlanta Trade Office.
Georgia serves as a logistics and manufacturing center in the southeastern United States, home to production plants for companies such as Hyundai and Kia. It is one of the most preferred locations for partner parts companies seeking to enter the U.S. market.
A corporate investigation team dispatched to Georgia, USA, is conducting a consultation session locally. Provided by Gyeonggi Province
Gyeonggi Province supported the investigation team by organizing programs such as a local market entry seminar, one-on-one consultation sessions with the state government and related professional organizations, visits to manufacturing facilities of companies already operating in the region, and site inspections of potential business locations.
Park Kyungseo, Director of International Trade at Gyeonggi Province, stated, "I hope that dispatching this investigation team will help companies turn the tariff crisis into an opportunity and secure new growth engines in the U.S. market. Gyeonggi Province will continue to respond closely to changes in the trade environment and make every effort to help local companies enhance their competitiveness in the global market and expand their overseas sales channels."
Meanwhile, Gyeonggi Province plans to dispatch an additional business environment investigation team for the electric and electronic as well as semiconductor industries in mid-September, and will recruit ten participating companies during July.
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