The Korea Federation of Small and Medium Enterprises said on the 28th in Yeouido, Seoul, that it met with a delegation from Osceola County in the United States to discuss ways to expand South Korea-U.S. small-business exchanges.
The meeting was attended by Vice Chairman Oh Gi-ung of KBIZ, Osceola County Vice Chair Cheryl Grieb, Florida Korean American Chamber of Commerce President Hunter Kim, and Chamber of Commerce President John Newstreet.
Osceola County, located in central Florida, is a region where the semiconductor, aerospace, and defense industries are concentrated, and, based on low corporate taxes and an exemption from personal income tax, corporations such as NASA, SpaceX, Lockheed Martin, and Boeing have entered the area.
Vice Chair Cheryl Grieb said, "Osceola County is expanding investment in advanced industries centered on the semiconductor and optical technology cluster 'NeoCity (NeoCity),' and we look forward to cooperation with Korean small and medium-sized enterprises."
Vice Chairman Oh Gi-ung said, "Florida is adjacent to the Central and South American markets, making it favorable for export diversification," and noted, "We expect it to serve as a bridge to expand the entry of small and medium-sized enterprises in IT, medical devices, and automobiles into the U.S. market."
The two sides agreed to continue discussing measures to expand industrial cooperation and exchanges among corporations.