Fair of S Korean products kicks off tomorrow
A two-day fair for South Korean companies in Bangladesh to showcase their latest products and technologies will begin tomorrow at the International Convention City Bashundhara in Dhaka.
The "Showcase Korea 2023" aims to promote bilateral trade and investment by strengthening business relations between Bangladesh and the Republic of Korea.
In collaboration with the South Korean embassy, the Korea-Bangladesh Chamber of Commerce and Industry (KBBCI) and Korean Community in Bangladesh jointly organised the event, supported by the Korea Trade-Investment Promotion Agency.
The KBCCI yesterday called a press conference at the Pan Pacific Sonargaon Dhaka to inform about the upcoming fair, which will be held to commemorate 50 years of diplomatic ties between the two countries.
Around 40 South Korean companies, including LG, Samsung, Youngone Corporation and Hyundai, will participate in the fair, according to the organisers.
Additionally, local importers and distributors of Korean products will have their own stalls and pavilions.
This is a very important year for Korea and Bangladesh as it marks 50 years of bilateral relations, said Lee Jang-keun, South Korea's ambassador to Bangladesh.
Bilateral trade between Korea and Bangladesh reached new heights last year by exceeding $3 billion, registering nearly 40 per cent year-on-year growth.
"South Korea is committed to improving economic relations with Bangladesh and Showcase Korea will play a significant role in getting more cooperation from the business communities of both countries," he added.
Ryu Young-oh, chairman of the Korean Community in Bangladesh, said economic relations between the two countries will expand further through the fair.
The main products to be exhibited are electrical and electronic goods, automobiles, textile machinery, accessories and equipment, cosmetics and chemicals, paper, and food and beverages.
LG and Samsung will be at the forefront of those displaying their latest electronic products while Fair Technology will showcase the newest models of Hyundai cars.
Even some Korean companies that do not have offices or agents in Bangladesh are coming to participate in the show with their world-famous products, the organisers said.
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