Korea Importers Association sends delegation to MalaysiaThe Korea Importers Association (Koima) announced Wednesday that it has sent a delegation to Kuala Lumpur, Malaysia, in order to secure more raw material imports and strengthen relations among private businesses.
According to the association, the delegation comprises 150 representatives from 82 Korean companies. The trip began Wednesday and will last five days.
Malaysia is rich in natural resources such as petroleum, gas, rubber and palm oil. With Korean companies’ expertise in the energy industry, the association expects to enter the resource development market and renewable energy sector.
Koima is holding a business forum in Malaysia today with the Malaysia External Trade Development Corporation, the country’s trade promotion agency. The event will be attended by 80 Korean companies and 150 Malaysian counterparts.
A bilateral working group conference for industrial cooperation will also be held this September in Seoul.
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