News

Economic mission of the Samara region in South Korea

24 September 2014

From 15 to 20 September, 2014, the delegation of the Samara region visited the Republic of Korea with an economic mission. It was organized by the Ministry of Economic Development, Investments and Trade of Samara Region with the support of the City Hall of Togliatti and Economic Development Agency of Togliatti. The mission participants included the representatives of the organizations and entrepreneurs of the Samara region.

The main purpose of the visit was the expansion of contacts in trade, economic and innovation fields. Moreover, the mission was aimed at the establishment of cooperation between the Russian and Korean enterprises.

The major event of the missions program was the International Trade Fair for Industrial Automation KOFAS 2014 inSeoul, including individual negotiations and business meetings with representatives of Korean organizations. Furthermore, members of the delegation visited the Embassy of the Russian Federation in the Republic of South Korea, modern expo-centers, and a number of large industrial enterprises.

The economic mission provided a great opportunity to present products of Samara region, while local Russian businessmen had a chance to share the experience and negotiate with Korean businessmen on commercial issues. The delegation appreciated the support of the Korean organizations and enterprises and also expressed the opinion that both sides have a lot of prospects for further mutual cooperation.