Minister Sung Yun-mo “Overcoming movement restrictions in the post corona era… expanding digital trade base”

Incheon New Port Hanjin Incheon Container Terminal Export Logistics Site Inspection
“Exports Plus Transformation This Year… Exports and Economy Will Make a Leap Forward”

[세종=뉴스핌] Reporter Eun-Seok Lim = Minister of Trade, Industry and Energy Sung Yun-mo said on the 1st, “We will support SMEs’ participation in exports by focusing on expanding the digital trade base to overcome the limitations of movement restrictions in the post-corona era.”

On this new year’s first on-site visit, Minister Seong visited the Incheon New Port Hanjin Container Terminal, the gateway port in the metropolitan area, and said, “Even in the face of uncertainties in external conditions such as whether to overcome Corona 19, expansion of global protectionism, and the launch of a new US government, our exports can continue to recover momentum. “I plan to respond with full force so that I can do it,” he said.

He said, “By the end of the year, we plan to expand opportunities for domestic companies to enter the global market by securing export centers for small and medium-sized companies through rapid integration and globalization of the three major B2B platforms in Korea, and strengthening matching support with overseas buyers through online.” Emphasized.

[서울=뉴스핌] Reporter Lee Han-gyul = Minister of Trade, Industry and Energy Sung Yun-mo gives a congratulatory speech at the opening of the 2020 Advanced Materials and Parts Roots Industrial Technology Exhibition held at the Small and Medium Business Federation in Yeouido, Seoul on the afternoon of the 23rd and at the ceremony of signing the Milkrun Agreement for Root Enterprise. 2020.12.23 [email protected]

To this end, the company will expand global marketing by linking permanent online exhibition halls and offline exhibitions for each industry, establish a dedicated space tailored to global companies for materials, parts and equipment, and support constant matching through the establishment of a startup global open innovation platform.

Minister Seong also said, “To achieve 10,000 companies, the first year of cultivating 100,000 exporters, announced in the’Trade Digital Transformation Countermeasures’ announced in November, we established an export company discovery system and provided customized support for the discovered companies. Established a specialized export company discovery system for each agency through the construction of’Export Promising Companies Discovery T/F’ through private-public joint ventures, and customized online and offline parallel operations so that companies participating in exports can expand and maintain exports. We plan to promote support.”

He added, “To create a stable export environment that is not shaken by the external trade environment, we will alleviate exchange rate risk and further strengthen the response system to actively resolve difficulties in import and export logistics.”

To this end, it plans to strengthen support for managing exchange fluctuation risks to export small and medium-sized enterprises through expanded trade insurance such as new foreign exchange fluctuation insurance products, and provide management guidelines to enhance the ability to respond to exchange risk.

In addition, while pursuing key tasks for export and import logistics measures, comprehensive logistics support through cooperation with related ministries such as the Ministry of Oceans and Fisheries and the Ministry of Small and Medium Venture Businesses, based on the results of real-time logistical difficulties through the Export-Import Logistics Response Center, and based on the results of on-site logistics status inspection. Also prepare a plan.

It is also planning to establish an institutional basis for countermeasures against crises such as export and import management in emergencies such as diversification of trade methods such as services and digital, and the spread of infectious diseases.

Minister Seong said, “We will focus on all policy support so that the good flow of exports can continue in the new year, and in 2021, we will make the year of exports and economic re-leap beyond export plus conversion.” “Exports will once again lead our economic growth. “Please gather your strength in the field so that we can go.”

[email protected]

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