KORUS FTA Trade & Export Webinar
This webinar was funded in part through a Cooperative Agreement with the U.S. Small Business Administration.
Exporting to Korea …
And Why the Recent Free Trade Agreement
Matters to Your Business
Presented February 27, 2013
In collaboration with the North Carolina Department of Commerce, Diplomacy Matters Institute (DMI) presented an interactive 60-minute webinar to educate small businesses on the advantages of including South Korea in their global business strategy. The webinar highlighted the U.S. – Korea Free Trade Agreement (KORUS FTA), which creates significant new opportunities for leading North Carolina industries, as well as globally-oriented small businesses. With the KORUS FTA, U.S. businesses gain enhanced access to Korea's $1 trillion marketplace and its 49 million consumers.
- Overview of Korean market and benefits of FTA for U.S. industries
- Relevant success stories from companies exporting to Korea
- Highlights of top beneficiary sectors
- Resources to help identify in-country partners
- Business protocol and cultural guidelines
- SBA's export financing programs and Ex-Im Bank's loan guarantees
- Information on future trade missions to Korea
- Joshua Pierce, International Trade Specialist, U.S. Department of Commerce
- Chusok Yoon, First Secretary, Embassy of the Republic of Korea
- Daniel Holt, International Finance Specialist, U.S. Small Business Administration
- Lynn Van Fleit, Executive Director, Diplomacy Matters Institute
In 2011, North Carolina exported more than $600 million in goods to Korea, an increase of $125 million over 2009. Our webinar helped equip small businesses with the information needed to assess the Korean market and capitalize on new opportunities and reduced trade barriers.