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Showing posts from October, 2020

News : South Korea Holds out Hope for WTO Director-General Role - Korea Trade Distribution (KTD) News

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  Korea Trade Distribution (KTD) News                                        According to 'The Diplomat' by Jenna Gibson South Koreans are holding out hope that their nomination to be director general of the World Trade Organization,  Yoo Myung-hee , will still be able to clinch the role despite a consensus building around her competitor. But with the United States backing Yoo at the final hour this week, the race to choose the organization’s next leader is far from over. Earlier this month, Yoo was chosen as one of two finalists for the WTO’s top position along with Nigeria’s Ngozi Okonjo-Iweala. With both of the finalists being women, the organization is poised to have its first female leader in its 25-year history. This summer, Director-General Roberto Azevedo stepped down from the post a year early, sparking a race among member states to put forward a contender for the trade organization’s top spot. Until recently, Okonjo-Iweala had been a near shoo-in, after garnering publ

News : S. Korean candidate behind Nigerian rival in global trade-chief race - Korea Trade Distribution (KTD) News

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  Korea Trade Distribution (KTD) News                                      According to 'The Korea Herald' by Yonhap GENEVA -- South Korea's trade minister has failed to drum up landslide support from member countrie s of the World Trade Organization (WTO) to head the global trade body, with her Nigerian rival standing ahead in a two-way race, the outcome of a WTO General Council meeting showed Wednesday. The WTO said Ngozi Okonjo-Iweala of Nigeria has garnered more support from the WTO's 164 member states than South Korea's Yoo Myung-hee. As the process to pick the new director-general of the WTO is based on consensus among all member states, meaning a sin gle nation could block either Yoo or Okonjo-Iweala, South Korea believes its candidate may have room to turn the tables. WTO spokesman Keith Rockwell earlier said 27 delegations had taken the floor during the latest General Council meeting and that one member state has expressed its continued support for Yoo. &qu

News : Nearly 200 Dogs Rescued from South Korea's Dog Meat Trade Arrive in U.S. in Need of New Homes - Korea Trade Distribution (KTD) News

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  Korea Trade Distribution (KTD) News                                 According to 'People' by Claudia Harmata Some 196 dogs have been rescued from the South Korean dog meat trade in a rescue mission executed by  Humane Society International . On Friday, those dogs — which includes golden retrievers, a poodle, Korean Jindos and Mastiffs, Pomeranians, terriers, and a Labrador — landed in the United States and are now in search of loving homes to take them in. While they wait for their forever families, a majority of the pups will be cared for at a temporary shelter in Maryland run by Humane Society International and the  Humane Society of the United States . The remaining dogs will be taken to a temporary shelter run by the  Humane Society of Canada in Montreal . RELATED:  Missouri Rescuers Saves 11 Horses from 'Dangerous' Tractor-Trailer Crash that Killed 14 Animals At both of these locations, the dogs will be evaluated and receive any veterinary treatment needed, befor

News : Korean economy's trade reliance at 3-yr low: data - Korea Trade Distribution (KTD) News

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Korea Trade Distribution (KTD) News According to The Korea Herald by yonhap South Korea's reliance on trade reached the lowest in three years last year due to a slump in overseas sales, data showed on Sunday. According to the data compiled by Statistics Korea, the reliance on trade, measured by dividing the country's total trade by gross domestic product, stood at 63.51 percent last year, down 2.57 percentage points from a year earlier. The 2019 tally marks the lowest since 2016, when the comparable figure was 60.11 percent, the data showed. The country's reliance on exports also fell to 32.94 percent last year, the lowest since 2007 when the reading was 31.68 percent. South Korea's reliance on trade is higher than advanced countries such as the United States and Japan, which means that Asia's fourth-largest economy is vulnerable to external shocks. Last year, the country's outbound shipments dropped 10.3 percent to $542.4 billion, the sharpest decline in a deca

Global trade support between Foreign buyers and Korean companies - Korea Trade Distribution (KTD)

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  Korea Trade Distribution(KTD) Global trade support between Foreign buyers  and Korean companies. KOREA TRADE & DISTRIBUTION SERVICE Korean companies and buyers from all over the world want mutual trade, but there are difficulties in trading with Korea due to the reliability of Korean companies, product reliability, trade methods, and language issues. Korea Trade Distribution (KTD) Korea Trade & Distribution service is a service that directly connects excellent Korean companies to overseas buyers who want to trade Korean products. 1. Introduction of excellent Korean products 2. Selecting excellent Korean products through strict screening 3. Direct trade connection or agency service with Korean companies 4. Trade support service with each country 5. Direct link service without intermediary trade Overseas companies participation standards 1. Listed companies on the stock market in each country 2. Excellent company certification in each country 3.Trading company 4. Distribution c

Global trade support between Korean and foreign companies - Korea Trade Distribution (KTD)

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  Korea Trade Distribution(KTD) Global trade support between Korean and foreign companies KOREA TRADE DISTRIBUTION (KTD) SERVICE Korea Trade Distribution (KTD) will select an excellent Korean company to develop into a global company, and advance into overseas markets and strengthen international trade through a global trade platform 1. International trade support for Korean excellent products 2. Support for promoting Korean products 3. Direct trade connection or agency service with foreign companies 4. Overseas market development Qualification o f Korean participating companies 1. A company that operates a business for the public interest such as CHS Inc. 2. Korea Excellent Entrepreneurship Certificate 3. Certification of Venture Businesses in Korea 4. International technical standard certification company 5. Excellent company that complies with international law Countries participating in international trade Korea, China, USA, UK, India, Philippines, Vietnam, Malaysia, Singapore, Thai

ABOUT Korea Trade Distribution (KTD)

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         ABOUT Korea Trade Distribution (KTD)   Korea Trade Distribution (KTD) supports overseas expansion by selecting excellent Korean products and companies through strict and fair screening. In addition, we support excellent buyers from overseas countries to do direct trade with excellent Korean companies, and support an international trade platform service that allows them to purchase excellent products at an economical price. In order to do international trade, trust between companies is very important, and a variety of support such as trade method, language support, product support, marketing and promotion for trade is required. Korea Trade Distribution (KTD) has established a platform to communicate with buyers in Korea and around the world through cooperation and network establishment with excellent Korean companies, overseas companies, international associations, NGOs, and international foundations What Korea Trade Distribution (KTD) does  1. Trade service support through dir