Indonesian Ambassador to South Korea Thanked BNI for Helping Indonesian MSMEs Enter South Korean Markets

- 11 July 2022 13:20 WIB
PT Bank Negara Indonesia (Persero) Tbk or BNI increased exports to South Korea through the 2022 Imported Goods Fair (IGF) exhibition, which was held by the Korea Importers Association (KOIMA). (Photo/BNI).
PT Bank Negara Indonesia (Persero) Tbk or BNI increased exports to South Korea through the 2022 Imported Goods Fair (IGF) exhibition, which was held by the Korea Importers Association (KOIMA). (Photo/BNI).

JAKARTADAILY.ID – PT Bank Negara Indonesia, or BNI, brought positive contributions to the Imported Goods Fair 2022 organized by the Korea Importers Association, or KOIMA

The Imported Goods Fair, which was held from June 23 to 25 at Coex Seoul brought Indonesian Small and Medium Enterprises into the South Korean market. 

Moreover, the event for global-level MSME players recorded several potential orders for food and beverage products reaching US$546,000. This figure can still increase because several business actors are still communicating and in the negotiation stage with potential buyers.

The Indonesian Ambassador to the Republic of South Korea Gandi Sulistiyanto said that at this event the Indonesian Pavilion brought 19 MSME partners assisted by BNI in the Xpora program and 5 food and beverage businesses to participate and promote superior products such as wooden furniture and decorations, silver jewelry, pearls and cosmetics, coffee and food products.

"Of course, this is very positive to support the sustainability of domestic Micro, Small and Medium Enterprises (MSMEs) to answer the growth potential, especially in South Korea," he said in a press release published on BNI Website, Sunday, July 10, 2022.

Also Read: BNI Promotes Fostered MSMEs on Its 76th Anniversary Special Bazaar

In the event, which was supported by BNI, the Indonesian Ministry of Trade, and the Indonesian Embassy in Seoul, Gandi continued, it was also recorded that there were at least six businessmen doing online business matching with Korean importers, one of which is the largest retail company in Korea.

In this event, a Memorandum of Understanding (MOU) was signed between BNI and KOIMA by BNI's Consumer Business Director Corina Leyla Karnalies with KOIMA's Executive Vice Chairman Kim Young-Sun.

The signing of this MOU includes cooperation in business matching programs and the exchange of information related to Indonesian exporters and South Korean importers.

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Editor: Suksmajati Kumara

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