Koo Cha-yeol, chairman of the Korea International Trade Association (KITA), asked member companies to join forces to help companies entering the New Southern region, which are suffering from the COVID-19, on Aug. 25.
Chairman Koo, who is also chairman of the New Southern Business Federation, made the remarks at the 9th general meeting of the New Southern Business Federation held online at the Koreana Hotel in Jung-gu, Seoul.
"As the pandemic situation is prolonged, Korean companies operating in the New Southern region are experiencing many difficulties such as restrictions on entry and departure, shutdown of factories and curfews. The role of the association is more important than ever," Chairman Koo said.
"We would like to ask member companies once again to help such companies overcome the crisis and win-win cooperation with New Southern countries by utilizing the resources and networks that each member company has," he added.
The meeting was held to discuss the resolution of corporate difficulties caused by the prolonged COVID-19 and the plan to hold the 2021 New Southern Business Week.