South Korea to send buyers to China
(Xinhua)
Updated: 2006-06-12 09:18
The Korea Trade-Investment Promotion Agency (KOTRA) said Sunday that a group
of South Korean buyers would leave for China this week as an effort to reduce
the country' s increasing trade surplus with China.
"The dispatch is
aimed at preventing a possible trade dispute from our increasing trade surplus
and diversifying the sources of imports," a KOTRA official said.
Buyers
from 30 South Korean trading firms will be sent to the northeastern Chinese
cities of Shenyang and Harbin from June 13 to 17 and hold purchasing
consultations in the two cities, the KOTRA said,adding that about 300 Chinese
companies have been invited to the events.
The buyers would be
interested in electronic products, auto parts, chemicals, construction
materials, jewelry and home and medical appliances, the KOTRA said.
China is
South Korea's largest export market. In 2005, South Korea's trade surplus from
China rose to 41.71 billion U.S. dollars, 7.28 billion U.S. dollars higher than
the previous year.
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