KOTRA to focus on companies' overseas expansion, job creation

The new chief of the nation's trade promotion agency said, on April 2, 2018, he will help small- and medium-sized companies tap into global markets and Koreans find jobs overseas.
"The way to expand export through heavy reliance on a few major business groups' shipments has reached its limit, so we need to change the paradigm focusing on income-led growth and human-centered economic progress," said Kwon Pyung-oh, president of the Korea Trade-Investment Promotion Agency (KOTRA).
"At this point, export expansion by innovative small- and medium-sized enterprises (SMEs) is regarded as the best measure to increase export and create jobs."
The 60-year-old added KOTRA is set to support 5,000 SMEs committed to exports and find 20,000 jobs for young Koreans in other countries every year.