Gwangju City Hosts Export Consultation Meeting with Overseas Buyers from 10 Countries

K-Food and K-Beauty Achieve $1 Million in Export Agreements

Gwangju City and the Gwangju-Jeonnam Regional Headquarters of the Korea International Trade Association held an "Export Consultation Meeting with Invited Overseas Buyers" on the 28th at the Holiday Inn Gwangju Hotel Convention Hall. Photo by Gwangju City

Gwangju City announced on the 29th that it held an "Export Consultation Meeting with Invited Overseas Buyers" jointly with the Gwangju-Jeonnam Regional Headquarters of the Korea International Trade Association at the Holiday Inn Gwangju Hotel Convention Hall on the 28th.

This export consultation meeting saw significant interest in K-Food, which processes and manufactures local food into ready-to-eat meals. A total of 152 export consultations were conducted, and export business agreements (MOUs) worth 1 million dollars were signed. These achievements are being credited with injecting new vitality into local companies' efforts to enter overseas markets. The event was attended by 40 companies from the Gwangju area, representing sectors such as cosmetics and beauty, food, daily consumer goods, medical devices, and healthcare.

Major outcomes included K-Food specialist Taehyun Food Co., Ltd. signing a 300,000-dollar business agreement with a Malaysian buyer, and healthcare and food tech company Padotada Co., Ltd. signing an MOU worth 400,000 dollars with a buyer from Kazakhstan. In the beauty sector, Hakyeong Cosmetic Co., Ltd. concluded a 300,000-dollar agreement with a buyer from T?rkiye, among other tangible business results across various fields.

Leading buyers from Thailand, Malaysia, and other countries also actively explored cooperation opportunities with Gwangju companies in the health functional food and industrial equipment sectors, filling the consultation venue with enthusiasm.

Lee Dongwon, Head of the Gwangju-Jeonnam Regional Headquarters of the Korea International Trade Association, stated, "This year's consultation meeting was a meaningful event that led to the diversification of global market channels for Gwangju companies, not only in ASEAN and Central Asia but also in the Americas. We will continue to expand global cooperation networks in various industries, including not only K-Food and K-Beauty but also other sectors."

Hong Nasoon, Head of the Startup Promotion Division of Gwangju City, said, "We expect that the expansion of overseas market entry by local export companies through exchanges with overseas buyers and the promotion of promising K-brand products from Gwangju will invigorate the local economy."