Business Opportunities with Korea and Washington State
Dr. Duck-soo Han
Chairman & CEO, Korea International Trade Association /Korea-U.S. Economic Council
Former Ambassador of Korea to the United States
A high-level business delegation from Korea
Please join the Korea International Trade Association (KITA), Korea-US. Economic Council (KUSEC), the Trade Development Alliance and the Washington State Department of Commerce for a discussion on the Korean economy and opportunities for Washington state companies under the U.S.-Korea Free Trade Agreement (KORUS FTA) with a high-level business delegation lead by former Ambassador of Korea to the United States Dr. Duck-soo Han.
Over the past 60 years Korea has transformed itself from one of the most impoverished countries in the world to the third largest economy in Asia. Today Korea is Washington State’s fifth largest export market with two-way trade valued at $5.5 billion in 2012. Major Washington state exports to Korea include aircraft, food and agricultural products and electronics, and education.
With the highest boadband penetration levels in the world, Korea was ranked as the world's most advanced ICT economy in 2011 by the ICT Development Index. Information and communications technology is a key sector for both the US and Korea, with US companies exporting $8.3 billion in computer technology and electronics to Korea in 2008. While not tracked nationally, the Korean consumers’ consumption of software and services is also large.
Advance registration is required. The deadline for registration is Thursday, September 26th, 2013.
Please join us for a reception with the delegation on Monday, September 30th from 5:30pm – 8:00pm at the Fairmont Olympic Hotel. The cost for both events is $35 for members and $45 for non-members. To RSVP please click here, or contact Samantha Paxton at (206) 389-7319. Space is limited.
The mission of the Trade Alliance is to promote the Greater Seattle region in international markets, connect the region—its businesses and organizations--to those markets, bring the region together to be more successful internationally and to educate our region on the importance of international business broadly defined. To this end, the Trade Alliance enhances the identity of Greater Seattle in world markets by convening regional stakeholders, executing outbound missions, hosting inbound delegations, producing marketing publications, organizing educational programming, and other activities.
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