Korea International Trade Association (Chairman: Christopher Koo) and Gaion (CEO: Hyeon-seop Gang) - a company providing AI-based big data analysis information on trade, signed a “Memorandum of understanding (MOU) on providing platform services to support discovery of buyers overseas” on December 22^nd at the Trade Tower in Samseong-dong.

With the signing of this MOU, KITA will be provided with 120 We-trade accounts that allows access to customs clearance and transaction information of the U.S., Russia and India. The annual value of 120 We-trade accounts is estimated to be at around KRW 400 million (approx. US$350,000).

KITA’s Membership Service Department, 12 Regional Branches and export consultants will utilize the provided information and the collected information will be used to support companies with limited overseas marketing capability that are new to the exporting business sector. These companies will receive assistance with discovering potential buyers in their target countries.

Photo description: Byeong-yu Kim, the Vice President for Membership Affairs Group (left) and Hyeon-seop Gang, the CEO of Gaion (right)