(From the fifth from left) Kim Ki-moon, president of Korea Federation of Small and Medium Enterprises, Mark Jaffe, president of the New York Chamber of Commerce. /Courtesy of Korea Federation of Small and Medium Enterprises

Korea Federation of Small and Medium Enterprises said on the 7th that it signed a business agreement with the New York Chamber of Commerce at its Yeouido headquarters in Seoul to support Korean small and medium-sized enterprises advancing into the United States.

Through this agreement, the two organizations agreed to cooperate in areas including: ▲ identifying buyers and investors for Korean small and medium-sized enterprises to enter the New York metropolitan area ▲ promoting business networking among the corporations of both countries ▲ sharing information on U.S. market trends and policies.

Kim Ki-moon, head of KBIZ, said, "As K-food, K-beauty, and K-goods have become more popular in the U.S. market recently, the number of small and medium-sized enterprises hoping to enter the United States is growing," and added, "With this agreement, we expect to expand opportunities for small and medium-sized enterprises to enter New York, the largest market in the United States."

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