World-OKTA said on the 4th that it signed a memorandum of understanding (MOU) with the Shenzhen General Chamber of Commerce (深圳市商业联合会) to jointly promote the "2026 Korea-China Economic and Trade Exchange Expo."

From right, Park Jong-beom, president of the World Federation of Overseas Korean Traders Associations (OKTA), and Lim Hye, president of the Shenzhen Chamber of Commerce in China, pose for a commemorative photo after signing an MOU to jointly promote the 2026 Economic and Trade Exchange Expo. /Courtesy of World Federation of Overseas Korean Traders Associations (OKTA)

The agreement was prepared to expand and reorganize the "30th World Korean Business Convention," which World-OKTA plans to hold in China in Oct., into the "2026 Korea-China Economic and Trade Exchange Expo." The two organizations agreed to build a business platform involving corporations, institutions, and buyers from Korea and China, and to support Korean corporations in entering the Chinese market and securing local networks.

The Shenzhen General Chamber of Commerce partnering with World-OKTA is a key economic body in the Shenzhen area composed of leading Chinese corporations such as Tencent, Huawei, BYD, TCL, Ping An, and Vanke. World-OKTA plans to support the expo so that it serves as a bridge linking export outcomes of economic cooperation between Korean and Chinese private corporations. To that end, it will leverage the global Korean business network.

Under the agreement, the two organizations also decided to lay the groundwork for co-hosting the expo. They plan to cooperate on attracting participating corporations and buyers, linking local corporate networks, and supporting promotion and operations of the event.

World-OKTA Chairman Park Jong-beom said, "We will expand the '30th World Korean Business Convention' into the '2026 Korea-China Economic and Trade Exchange Expo' and host it successfully, and we will do our best to support Korean corporations' entry into the Chinese market as well as to build a sustainable Korea-China business ecosystem."

Shenzhen General Chamber of Commerce President Lim Hye said, "We expect exchanges between corporations to deepen further through this agreement," adding, "We will spare no active support and cooperation for the successful hosting of the expo and the creation of tangible economic cooperation outcomes."

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