Port of Antwerp to Boost Trade with South Korea

During the City Trade Mission to Seoul, Antwerp Port Authority signed a Memorandum of Understanding with KITA, the Korea International Trade Association. With 77,000 member companies KITA represents Korea's international trading community.

News ID: 70885

Date: 15 December 2016 - 10:08

According to MANA, The proposed collaboration between Antwerp Port Authority and KITA represents a significant boost for the port, emphasised Jacques Vandermeiren, CEO-designate of the Port Authority, just before the signing of the MoU.

Antwerp hopes to attract significantly more trade from Korea in future, while KITA for its part sees Antwerp as the gateway to Europe for its exports. "In 2015 we sent 77,000 TEU of container freight to Antwerp. Trade between Korea and Belgium can and must be expanded, and the port of Antwerp has a significant role to play here," declared Mr. Kim Jungsoo, executive managing director of KITA.