DAFZA aims to strengthen trade ties with South Korea

DAFZA trade tiesRepresentatives of South Korean companies during one of the seminars. (Image Source: DAFZA)Dubai Airport Freezone Authority (DAFZA) held a series of seminars in South Korea as part of its initiative to facilitate trade relations among foreign business communities worldwide

The seminar was held in partnership with the Korean Chamber of Commerce and Industry (KCCI), Korea’s largest business association supported by more than 71 local chambers. The delegation was led by DAFZA director for marketing and corporate communication Jamal Bin Marghoob. The series of business meetings and seminars at the event focussed on the Freezone’s growth and the various industries that have expanded in the community.

The DAFZA delegation also noted that the visit aimed to boost foreign investments from South Korea, which currently enjoys a robust trade relations and investments with Dubai and the UAE.

According to a press release by DAFZA, the UAE is one of South Korea’s leading trade partners in the Middle East. Over the years, South Korea’s growth in the UAE has been on a continued growth trajectory with trade between the two nations.

The DAFZA delegation sought to engage the participation of South Korean companies looking to expand in the region and seize the opportunity of an emerging global city, including the hosting of World Expo 2020, the release said.

DAFZA also pointed out that a number of high-value South Korean firms such as Dongbu Metal Middle East Representative office Branch, Moorim Paper, Kolon Global Corp, Sangsin Brake - Middle East, ICT FZCO, Samsung L&S and Atlasbx - Representative Office have long established their regional hub in DAFZA.

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