The Korea International Trade Association (KITA) (

Korean Korean may refer to: People and culture * Koreans, ethnic group originating in the Korean Peninsula * Korean cuisine * Korean culture * Korean language **Korean alphabet, known as Hangul or Chosŏn'gŭl **Korean dialects and the Jeju language ** ...

: 한국무역협회,

Hanja Hanja (Hangul: ; Hanja: , ), alternatively known as Hancha, are Chinese characters () used in the writing of Korean. Hanja was used as early as the Gojoseon period, the first ever Korean kingdom. (, ) refers to Sino-Korean vocabulary, wh ...

: 韓國貿易協會) is a private

non-profit A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...

trade organization A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific industry. An industry trade association partic ...

founded in 1946 with 105 traders as its founding members. It is one of Korea's largest umbrella economic organizations and has more than 70,000 member firms, representing almost the entirety of Korea's international trade community. KITA’s activities include support for overseas

marketing Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emph ...

and

investment Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing i ...

, promotion of international cooperation, provision of trade information and research, training of

international trade International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy) In most countries, such trade represents a significant ...

specialists, and trade related consulting (including arbitration of trade disputes and policy recommendations for the government). KITA runs the

World Trade Center Seoul World Trade Center Seoul (WTC Seoul) () is a building complex centered on the COEX Convention & Exhibition Center (Coex) on Teheranno in Samseong-dong, Gangnam-gu district of Seoul. It is operated by KITA (Korea International Trade Association ...

(WTCS), commonly known as COEX, which includes two large office complexes, the Trade Tower and ASEM Tower. The WTCS has a number of subsidiaries and affiliates, including the

COEX Convention & Exhibition Center Coex Convention & Exhibition Center (Coex) located in Samseong-dong of Gangnam-gu district, Seoul, is one of South Korea's convention and exhibition centers. Coex is serviced by Samseong Station on line 2 and Bongeunsa Station on line 9 of the ...

and

COEX Mall Starfield COEX Mall (formerly known as COEX Mall), containing COnvention centers, EXhibition halls and many malls, is an underground shopping mall in Gangnam-gu Seoul, South Korea. It has an area of about , of which are on a single underground ...

. KITA owns

KTNET Korea Trade Network (KTNET) is a South Korean paperless trade service provider. KTNET is designated as the National Paperless Trade Platform Operator, Customs Network Service Operator, and electronic Bill of Lading Registry and Purchase Certifica ...

(Korea Trade Network) which is the National Paperless Trade Platform or Single Window (uTradeHub) operator and e-commerce infrastructure (such as Certificate of Authority issuing Digital Certificate) related service provider. In May 2012, KITA announced major renovation plans for the

. It will spend to the upgrade project. The renovation is needed to create passenger walkways between the new COEX Station on

Seoul Subway Line 9 Seoul Subway Line 9, operated by Seoul Metro Line9 Corporation, is a subway line in Seoul. The line runs east from Gaehwa Station (local train terminal) or Gimpo Airport Station (express train terminal, connecting to Line 5 and Airport Railroad ...

, due for completion in 2014, with Samseong Station on Line 2. It is scheduled to start at the end of 2012 and for completed by November 2014. The floor space is expected to increased to 173,025 square meters from its current 152,116 square meters.

Main activities

* Trade Policy Recommendation & Trade Consulting * Overseas Market & Trade Information Service * Trade Diplomacy & Private Sector Cooperation * Specialist Training Programs & Research * Buyer-Seller Business Matching

History

Since 2000 * 2016 Jan. Chengdu Center Established * 2015 Jan. Jakarta Center Established * 2014 Jun.

Kmall24 Kmall24 is Korea-based online store that offers authentic Korean products to customers around the world. It is operated by KITA (Korea International Trade Association), the largest business organization in Korea which also runs World Trade Center ...

service opened * 2014 Jan. New Delhi Center Established * 2011 Sep. Ho Chi Minh Center Established * 2011 Apr. Jeju Center Established * 2010 Nov. Hosted G20 Seoul Summit * 2009 Apr. COEX Artium established * 2008 Apr. tradeKorea service opened * 2006 Jul. Announced “The New KITA Strategy” for KITA’s 60th anniversary * 2006 Feb. Singapore Center established * 2006 Feb. Washington Center established * 2005 Feb. Korea Paperless Trade Center established * 2005 Feb. Korea International Logistics Council established * 2002 Jun. Shanghai Center established * 2000 Oct. Hosted the 3rd Asia-Europe Meeting (ASEM) * 2000 May. Extension of World Trade Center Seoul completed From 1946 to 1999 * 1995 Oct. Gwangju Trade Tower opened * 1995 Apr. Gyeongnam Trade Tower opened * 1992 Aug. Beijing Center established * 1991 Dec. KTNet established * 1988 Sep. Construction of WTC Seoul completed * 1986 Jun. Busan Trade Tower established * 1984 May. Brussels Center established * 1984 Feb. World Trade Academy opened * 1978 Aug. COEX established * 1974 Aug. New York Hankook Center (U.S.A) Inc. founded * 1972 Jan. Joined WTCA (World Trade Center Association) * 1967 Jan. New York Center established * 1948 Apr. Tokyo Center established * 1946 Jul. KITA founded

References

External links

Korea International Trade Association
(Official Website)
Kmall24

tradeKorea
{{Authority control World Trade Center Seoul Non-profit organizations based in South Korea