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DCED Plays Matchmaker for Korean Buyers

PHILADELPHIA-The State hosts a Korean Importers Association delegation as part of its World Trade PA initiative to expand the commonwealth's role on the global stage.

By Paul Bubny | Updated on April 14, 2008

( Paul Bubny is editor of Real Estate New York and part of a three-person team now covering the Philadelphia market .)

PHILADELPHIA-A Korean trade delegation was at the Union League Hotel here Monday, interacting with Pennsylvania manufacturers in an event hosted by the state Department of Community and Economic Development. The daylong event, which included “match-making” meetings between foreign buyers and local manufacturers along with a keynote speech from Wan Hee Kim, chairman of the Korean Importers Association, was the latest in a series of DCED efforts under the umbrella of Gov. Ed Rendell’s World Trade PA initiative.

“We periodically host what we call ‘inbound-buyer’ missions,” a DCED spokesperson tells GlobeSt.com. “They’re always welcome. As you would imagine, having representatives come to us saves thousands of dollars, tons of manpower and takes a fraction of the time compared to an overseas visit. This is a first, though, for the KIA. Our representative’s office in Seoul laid the groundwork and worked out logistics.”

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