Korean diaspora network targets export growth for regional businesses

A global network of Korean diaspora business leaders will connect 160 regional companies with overseas buyers this week in an effort to open new export markets for small and medium-sized enterprises (SMEs). The Overseas Koreans Agency said Monday it would host the two-day World Korean Business Export Consultation on Oct. 27-28 in Wonju, Gangwon Province, and Daejeon, in partnership with the two local governments. About 160 buyers, including 20 members of the OK-Biz business advisory group, will take part alongside 160 SMEs from the two regions. The event will offer tailored, one-on-one business consultations in sectors including food, beauty, information technology and biotechnology, matching companies with buyers based on their industries and commercial needs. The initiative aims to turn connections forged through the 24th World Korean Business Convention into concrete opportunities for regional businesses seeking to expand overseas, drawing on the advisory group's international business networks. The agency has previously worked with local governments, including Busan, Jeonnam-Gwangju S