India-Korea Signed At MOU To Facilitate Trade Relations
- ByStartupStory | June 21, 2021
With Jeonbuk Business Centre, Korean trader, Navis Aroma, signed an MOU of $6,00,000 with an Indian trader earlier this month.The alliance between the two traders occurred through an online event called Global Partner Business Meet where around 6 Korean Manufacturers and 16 Indian buyers took part in cement trade ties and covered all aspects of the business.
The global event has seen immense interest from the traders of both nations. The items on display included electronic components (Opto Sensor Battery), Dust filter, Oil filter, Cosmetics, Aroma bedding to name a few. The virtual meet ended in a great business opportunity and helped seal the deal for aroma bedding worth $600,000.
JBC also helped in putting a light on business conversation between other Indo-Korean traders as well. GOES, a Korean children clothes manufacturer is in early talks with Indian buyers to expand its footprint in the land of diversity. Not just this, JBC is further helping GOES to Import organic thread from India. Other traders like Poochang, AUE and Hisol are also in the process of furthering trade relations with India.
Jeonbuk Business Centre, is a non-profit trade promoting agency and plays a role of mediator for India and Korea trade. It promotes trade ties between both the countries. The company’s aim is to create a growth conducive environment for the collective growth and success of both the nations. With a vision to expand, JBC will continue to organize such global events to assist these nations in discovering better business opportunities.
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