The Korea International Trade Association (KITA; ) is a private non-profit trade organization founded in 1946 with 105 traders as its founding members. It is one of Korea's largest umbrella economic organizations and has more than 70,000 member firms, representing almost the entirety of Korea's international trade community.
KITA’s activities include support for overseas marketing and investment, promotion of international cooperation, provision of trade information and research, training of international trade specialists, and trade related consulting (including arbitration of trade disputes and policy recommendations for the government).
KITA runs the World Trade Center Seoul (WTCS), commonly known as COEX, which includes two large office complexes, the Trade Tower and ASEM Tower. The WTCS has a number of subsidiaries and affiliates, including the COEX Convention & Exhibition Center and COEX Mall. KITA owns KTNET (Korea Trade Network) which is the National Paperless Trade Platform or Single Window (uTradeHub) operator and e-commerce infrastructure (such as Certificate of Authority issuing Digital Certificate)-related service provider.
In May 2012, KITA announced major renovation plans for the COEX Mall. It will spend to the upgrade project. The renovation was needed to create passenger walkways between the new COEX Station on Seoul Subway Line 9, due for completion in 2014, with Samseong Station on Line 2. It was scheduled to start at the end of 2012 and be completed by November 2014. The floor space was expected to increased to 173,025 square meters from the current 152,116 square meters.
Main activities
Trade policy recommendation & trade consulting
Overseas market & trade information service
Trade diplomacy & private sector cooperation
Specialist training programs & research
Buyer-Seller business matching
History
Since 2000
2016 Jan.: Chengdu Center established
2015 Jan.: Jakarta Center established
2014 Jun.: Kmall24 service opened
2014 Jan.: New Delhi Center established
2011 Sep.: Ho Chi Minh Center established
2011 Apr.: Jeju Center established
2010 Nov.: Hosted G20 Seoul Summit
2009 Apr.: COEX Artium established
2008 Apr.: tradeKorea service opened
2006 Jul.: Announced “The New KITA Strategy” for KITA’s 60th anniversary
2006 Feb.: Singapore Center established
2006 Feb.: Washington Center established
2005 Feb.: Korea Paperless Trade Center established
2005 Feb.: Korea International Logistics Council established
2002 Jun.: Shanghai Center established
2000 Oct.: Hosted the 3rd Asia-Europe Meeting (ASEM) 2000 May.: Extension of World Trade Center Seoul completed
From 1946 to 1999
1995 Oct.: Gwangju Trade Tower opened
1995 Apr.: Gyeongnam Trade Tower opened
1992 Aug.: Beijing Center established
1991 Dec.: KTNet established
1988 Sep.: Construction of WTC Seoul completed
1986 Jun.: Busan Trade Tower established
1984 May.: Brussels Center established
1984 Feb.: World Trade Academy opened
1978 Aug.: COEX established
1974 Aug.: New York Hankook Center (U.S.A) Inc. founded
1972 Jan.: Joined WTCA (World Trade Centers Association) 1967 Jan.: New York Center established 1948 Apr.: Tokyo Center established 1946 Jul.: KITA founded
References
External links
Korea International Trade Association (Official Website) Kmall24 tradeKorea