A delegation of five South Korean companies from Sewon, also known as Samsung City, spent two days in the Vault Conference Center at the Greater Irving-Las Colinas Chamber of Commerce amid a mad rush of corporate speed dating in order to develop meaningful business associations with North Texas companies. “They’re looking to establish a relationship to be able to sell product here. In other words, they want to export their products from Korea to Texas, and they’re looking for the best ways, channels of distribution, potential clients, customers or distributors,” said Joe Chapa, the Executive Director of the International Trade Development & Assistance Center. The format was simple: sit Korean representatives and their products at a table and bring in a continuous procession of local companies for 20 minute interviews.
The goal was to pair five American companies with each foreign one. Wanting to capitalize on international trade, especially within the context of the Sister Cities program, the Irving Chamber in association with the Greater Dallas Korean American Chamber of Commerce (GDKACC) has spent the past year connecting local business owners with likeminded businessmen overseas through multiple trade missions from both the US and Korea. These connections help make “a positive economic impact from international activities and transactions, so to the extent that we can help Irving-based companies export and import, do business overseas, it will help them grow and create employment,” Chapa said.