The 13th World Korean Business Convention will be held for three days from Sept. 24 to 26. This year, it will be held in the Busan Exhibition & Convention Center, or BEXCO. In previous years, this convention was held in major centers of Korea including Gwangju, Seoul, Daegu, Incheon, Gyeonggi, and Jeju. It is being hosted by the Small Business Distribution Center (SBDC) and Overseas Korean Foundation (OKF).
This convention is a major event for overseas Koreans, for it puts the spotlight on them. The OKF announced that as of 2013, there are 7 million overseas Koreans worldwide, which accounts for more than 10 percent of the population of South Korea. Of the 7 million, 2.52 million live in the Americas and 4.06 million in the Asia-Pacific region. The most common types of industries they are engaged in are trading, restaurants, IT, legal, and the medical industries.
The main purpose of having this convention is to provide a venue for Koreans, both overseas and local, to form networks and business opportunities. The participants include overseas Korean buyers, local doctors and vendors, and export agents. The participants will get the opportunity to promote their products through live online broadcasts.
About 500 agencies and companies are joining this exhibition, and there will be a total of 600 booths that will be displaying products. Special sections for SMEs, good exporters, businesses in Busan, and overseas businesses will be set aside, and some sections will be divided into industries such as health, beauty, medical, IT, electronics, and patented products and inventions to maximize the exhibited items.
Particularly, small companies that would like to enter the global market can benefit by participating in the exhibition to gain information on the global market and meet many overseas Korean buyers. There will be a seminar on how to stimulate overseas Korean investment to the motherland as well.
To register, visit The World Korean Business Convention homepage (http://hansang.korean.net) by Aug. 15 and for inquiries, call the secretariat at 02-6678-9327.