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An image from a previous Global Trade Development Week 2014

South Korea sponsors global trade event in Dubai

DUBAI, September 22, 2014

The Korean Free Economic Zones Authority (KFEZ) will be a major sponsor of an upcoming international trade conference for business and government leaders in Dubai, UAE.

A VIP delegation of 40 persons representing leaders from each of the eight Korean Free Economic Zones, government and private sector trade leaders will attend the Global Trade Development Week 2014, EMEA edition, which will be held in Emirates Towers from October 27 to 29.

The large VIP delegation coming from South Korea signifies the strong ties between the two countries, whose bilateral trade is estimated to have hit $25 billion in 2013 alone, with the UAE becoming the biggest market for South Korean products in the Middle East.

In addition, the scale of mutual investment between the two countries is estimated at $4 billion, and more than 300 South Korean firms are operating in the UAE.

Park Soon-Kee, director general, Planning Office, KFEZ, said: “KFEZ is delighted to be a major sponsor of Global Trade Development Week, EMEA edition 2014. KFEZ adheres to the principle that international trade is an engine of growth and a source of strength for the global economy. We take part in GTDW to assist our Korean economic zones to seize on opportunities to expand by connecting with trade leaders and investors from around the world at the event.”

Global Trade Development Week, EMEA brings together over 600 high-level delegates from the areas of trade, development, economic zones, trade finance, industrial development, real estate, global customs and trade facilitation; with representatives from across Africa, Americas, Asia Pacific, Europe and the Middle East.

KFEZ joins a list of over 120 speakers from the World Bank, World Trade Organization (WTO), European Commission (EC), Dubai Economic Council, Dubai Chamber of Commerce and Industry (DCCI) and many other organisations also participating in the event.

The event is organised under the patronage of Sultan bin Saeed Al Mansoori, UAE Minister of Economy, and will be an unprecedented gathering of international business and government leaders from over 90 countries. – TradeArabia News Service




Tags: Dubai | South Korea | free zone | Sponsor |

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