Belarus-Korea business forum

Date: 21 May 2018

The Belarusian Chamber of Commerce and Industry hosted the Belarus-Korea business forum. The event was organized by the BelCCI and the Korea Importers Association (KOIMA), the largest union of Korean importers, distributors and foreign companies' representatives on the Korean market.

The delegation including heads of 11 Korean companies – KOIMA members, interested in importing the Belarusian goods, came to Minsk to partake in the forum. The delegation was led by Shin Myoung-jin, Chairman of the Korea Importers Association.

On the Belarusian side, the forum was attended by the BelCCI Chairman Vladimir Ulakhovich, the Chairman of the Standing Commission of the Council of the Republic of the National Assembly of the Republic of Belarus Sergei Rakhmanov, the Deputy Chairman of the State Committee on Science and Technology of the Republic of Belarus Sergei Shcherbakov, the Deputy Minister of Industry of the Republic of Belarus Dmitry Korchik, representatives 50 Belarusian companies. The Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to the Republic of Belarus Kim Yong Ho made a welcoming speech at the forum.

In his address, the BelCCI Chairman noted that Belarus and South Korea cooperate in many spheres; Korea buys products made by the Belarusian steel mill BMZ and flax fabrics, Belarusian may become in demand, too. According to Vladimir Ulakhovich, the greatest potential for advancing cooperation between Belarus and South Korea lies in the sphere of innovations.

Shin Myoung-jin, Chairman of KOIMA said that Belarus has advanced fundamental science, a good foundation for making high-tech products, prides itself on making agricultural machines. He emphasized that Korea was considering importing products in the area of information technologies and in importing agricultural machinery and equipment.

Participants of the forum discussed the organization of the export of chemical products to South Korea as well as security solutions, automobile parts, industrial equipment, food, apparel and textile, gifts, handmade products, and other things. The prospects of expanding contacts between Belarusian exporters and South Korean importers as well as interaction in science and technology were also considered during the forum.

Based on BelTA