KITA News and Reports
  • KITA opens ‘Support Center for GDPR Responses’ in Brussels Branch
    2018-05-30

    KITA opens ‘Support Center for GDPR Responses’ in Brussels Branch

     

    - To be prepared for the implementation of EU’s General Data

    Protection Regulation (GDPR) from May 25 -

     

    The Korea International Trade Association (Chairman, Kim Young-joo) opened ‘The Support Center for the General Data Protection Regulation (GDPR) Responses’ in its Brussels Branch on May 23 (local time) and started to provide full support for Korean companies operating in the European Union to resolve the difficulties with regards to GDPR.

     

    The GDPR will be applied to organizations across the world from May 25 and it is expected to have a considerable impact on the business of Korean companies dealing with the personal information of EU residents. Compared to the past, more thorough information management, including the right to access to personal data and right to correct inaccurate information, is required. The companies in breach of GDPR can be fined up to 4% of annual global turnover or 20 Million Euros.

     

    KITA’s Support Center for the GDPR Responses will inform Korean companies of the implementation plan of the GDPR and the response guidelines. It will also hold seminars and consultation sessions for Korean businesses in the EU.

     

    Deputy Minister Lee In-ho of Trade, Industry and Energy, Ambassador Kim Hyeong-jin of the Korean Embassy to Belgium / EU, Park Yeon-woo, head of KITA’s Brussels Office and representative economic figures in Belgium participated in the opening ceremony of the Support Center for GDPR Responses.

     

    Park Yeon-woo, head of KITA’s Brussels Office said, “The Korea International Trade Association has been carrying out promotions and projects, including monitoring the GDPR legislation trends and holding seminars and conferences by inviting EU executive officials in order to support Korean companies.” He also stated, “With the establishment of the support center, we will make more efforts to raise awareness of Korean companies and strengthen their response capabilities.”

     

    Support Center for GDPR Responses : Tel: +32 2 639 0990, email: kba@kba-europe.com

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