Gyeonggi Trade Mission Generates Business for US Companies, Introducing New Ties in South Korea's Premier Province

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The Korea International Trade Association (KITA) announces the introduction of the Gyeonggi Trade Mission to NY, on October 23rd at the Westin Times Square, NYC. Featured at the event will be leading manufacturers from the backbone of Korea's manufacturing industry, Gyeonggi Province. Members of the trade delegation will be visiting the US and South America, meeting with buyers, industry leaders, and media, to develop new business opportunities and boost efforts to improve trade relations between South Korea and the US. This event is FREE to the public, trade and media are welcome.

The Korea International Trade Association (KITA) announces the introduction of the Gyeonggi Trade Mission to NY, on October 23rd at the Westin Times Square, NYC. Featured at the event will be leading manufacturers from the backbone of Korea's manufacturing industry, Gyeonggi Province. Members of the trade delegation will be visiting the US and South America, meeting with buyers, industry leaders, and media, to develop new business opportunities and boost efforts to improve trade relations between South Korea and the US. This event is FREE to the public and trade, media are welcome.

Home to the largest manufactures (both domestic and international) in Korea, with companies such as Samsung, Hyundai, Ford, 3M, Coca-Cola and Carrier operating the bulk of their manufacturing operations in the province, the delegates represent some of the best manufacturers from the region. The government selected and sponsored delegates will showcase their innovative products at this one day event, looking to expand their existing business ties with one of Korea's largest trade partners, the US.

Developed and co-sponsored by KITA's New York and Gyeonggi branches the trade mission is designed to give Korean and US companies the advantage of developing business relationships in advance of Congress's anticipated passage of the Korea-U.S. Free Trade Agreement.

Delegate Profiles and Highlights:

Dongjin Enterprise: Dong Jin produces film materials with a specific focus on advanced stamping foil technologies for fiber and garment applications. With state of the art manufacturing facilities and a wide range of film and derivative products, Dong Jin satisfies customer's needs with quality, speed and efficiency.

Escord Co.: Escord Co., Ltd designs and manufactures a complete line of character inspired products under the Gom Gomy brand, ranging from bags and totes, to linens, pillows, and home accessories. Made of 100% cotton, all products are handmade, and are environmentally and human friendly.

I&Y: Founded in 1985, I&Y specializes in die production for mock-up and mold parts for manufacturers around the globe. Offering a complete line of services, from product design, structure design, opposite engineering, mold process, fast mold, mold & die development, injection, OEM& ODM, mass production & assembled line process, I&Y fulfills customer's needs with the highest level of service.

IN SAN Co.,Ltd: INSAN Precision Engineering Company was founded in 1991, as a manufacturer of essential parts for electronic and household appliances. Over the past 17 years the company has strived to develop new technologies, in order to support the massive Korean home electronics industry. With clients such as Samsung and Novita, INSAN supplies its clients with precision parts, supporting the growth and advancement of technological development in Korea and abroad.

Joutec Co.: Joutec was established to create innovative and unique products and services corresponding to the diverse and changeable digital era, where technology is rapidly developing every day. Designed to be a leading "think tank", Joutec emphasizes innovation in everything that it does, and has built a reputation as a leading company for image processing and recording, communication and networking, in the automotive industry.

KOEL Co.: KOEL is a leading Korean manufacturer of durable metal reels of all types (hose, cable, storage) and for all industries, particularly in Aviation, Transportation and Transportation. Dedicated to quality, service, and delivery, KOEL maintains rigorous quality control and safety controls in the construction of their products, especially with their drum drive system. With state-of-the-are facilities KOEL supplies its customers with quality products that extend the life of hoses, cords and cables, making them more productive, and keeping them easily accessible.

M&H: As a leading life-science corporation M&H's first priority is on the health and life of human beings. As a future oriented company, M&H works endlessly to research and create products and services that truly aid mankind. M&H aims to advance the development, production, sales and service of medical equipment and domestic appliances that qualitatively improve the healthcare of humans.

Perfect Co.: As modern society spends more of its time sitting, Perfect Co. Ltd, has developed and designed ergonomic and therapeutic chairs that combat muscle and back pain, by providing users with a pressure free and posture correcting experience. Based upon scientific medical research Perfect Co., Ltd, has developed an innovative dual sitting system, which is the foundation for a line of pelvis friendly chairs that reduce pressure on the spine, while providing support and correcting posture.

Pollex Technology: Pollex Technology Co., Ltd was established for the development, production and marketing of products that use ultrasound waves for household cleaning. The company shaped itself to be a leader in the international market for such devices, both as a manufacturer and service provider. The companies ultrasonic cleaner, the X-cube, removes chemicals on the surface of fruits and vegetables and can be used to wash glasses, coffee cups, dishes, or jewelry.

SJ Tech.: Founded in 1974, SJ Tech. is a specialized manufacturer of chip trays for semiconductors and seals for hydraulic and pneumatic cylinders, both of which are the key electronic and mechanical components identified in the National Parts and Material Development Road Map. Customers include Samsung Electronics, Hyundai Heavy industries, Doosan Infracore, Volvo, Parker, and Festo.

T-I-T ENG Co.: Founded in 1995, T-I-T Eng develops and manufactures CD/ATM modules, ticket printers, ID card printers and bonus card terminals for a variety of applications. With a heavy focus on technological innovation, T-I-T Eng looks to provide the highest caliber of products to its clients, and improve consumer's lives.

WINY Technology Co.: The optical repeater supplier for Korea Telecom Freetel (KTF) and SK Telecom, WINY works with companies such as LG developing and producing LAN cards, Patch Panels, as well as cameras for security and automobiles.

About the province: Gyenoggi province is located in the central western part of the country and surrounds Seoul, the capital of Korea. The manufacturing capital of Korea, Gyeonggi boasts a Gross Regional Domestic Product (GRDP) of 84.8 billion dollars with an average growth rate of 21%. Per capita GDP was US$ 9,040, compared with of the national US average of US$ 8,176. The total export of 2001 reached US$ 29.943 billion and total import was US$ 27.578 billion, accounting for 20% of the national total (22% in 2000). The major export commodities include: computers (accounting for 19.3% of the national total), automobiles (12.4%), semiconductors (12.5%), wireless telecommunication equipments (6.8%). And major import items are semiconductors (21.6%), natural gas (8%), computers (5.7%) and semiconductor manufacturing equipments (5.8%). US, China and Japan are major trade partners.

KITA (Korea International Trade Association): a trade promotion organization representing Korea, offering a collection of direct services such as business planning and trade consulting. KITA also aids trading companies in resolving obstacles by informing government authorities. KITA improves public awareness of trade in order to advance Korea's commercial potential with the global community. KITA has been the powerhouse behind Korea's international trade by assembling the essential communications through the preparation of trade experts, establishing cyber trade infrastructure, hosting international special exhibitions, and implementing new trade strategies. For More information, please visit KITA

EVENT Admission is FREE -- 4 ways to RSVP:
•ONLINE AT http://www.KoreaTradeDeals.com
•Email RSVP@koreantradedeals.com
•Call to RSVP: 212-421-8804 ext.205 or fax 212-223-382

For complete details on the Gyeonggi Delegation, including the most up-to-date delegate list, please visit us online at http://www.KoreaTradeDeals.com.

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Sofia Cho
KITA
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