• Q

    What kind of products can be exhibited?

    A
    Only samples of construction materials, factory materials and daily necessities are exhibited. Therefore, excellent products focusing on export are possible.
  • Q

    What features the FOEX project most?

    A
    It is the world's 1st manufacturer TDD (Trade Direct Dealing), which is for exporting products to Korea as well as third countries via FOEX through marketing by using the integration principle of mid/small manufacturing companies of China.
  • Q

    What is the Sae Man Geum Korea-China economic cooperation ar…

    A
    On 4th of July in 2014, the summits of Korea and China have been developing Sae Man Geum as the Korea-China economic cooperation area after making agreement for economic cooperation between two countries. This is the first case in Korea-China economic cooperation and between mid/small companies.
  • Q

    Is there a plan for expanding a market in the future?

    A
    Export will be expanded by meeting buyers of the world at FOEX through network expansion to third countries (US, Europe, etc) and attracting enterprises.
  • Q

    What is the Korea-China-Japan integrated trade market?

    A
    It is a market for trading products in Korea with the local factory price of Japan in China and Korea by selling the best products of Korea-China-Japan.
  • Q

    What is the FOEX's sales strategy?

    A
    Products are sold through direct trade to wholesalers and retailers without intermediate merchants to create the cheapest trade market in Korea.
  • Q

    How long is the booth contract period?

    A
    It is 3 months at least and can be extended to 3 years at maximum.
  • Q

    What about FOEX's commercial?

    A
    It is already being advertised in Korea-China-Japan news and newspapers as well as is known well through cooperation related to import/export from national organizations for mid/small sized companies. It will be promoted constantly through TV programs and newspapers.
  • Q

    Is there any way for direct advertisement on FOEX homepage?

    A
    Only companies which rent a booth can put commercial by paying separate costs, making it possible to connect to the homepage of Chinese factory.
  • Q

    Is a public director office provided?

    A
    Internet international calls, wireless wi-fi, a copy machine are provided in the director center on the 2nd floor for free. These are provided in case of renting a separate office as well.
  • Q

    Is there a translation service?

    A
    The translator of Korea trade center (FOEX) performs translation. (You must pay costs for translation every month apart from translation through a sojourning employee.)
  • Q

    Does a sojourning employee reside in Korea?

    A
    Yes, the sojourning employee must reside in Korea. This person must be able to write an order containing product description, price, deadline or OEM as well as product delivery.
  • Q

    How can I import Korean products?

    A
    You can import products from branch networks in 653 cities of China, and the local trading companies of China are recruited as cooperative companies.
  • Q

    What is the purpose of deposit?

    A
    Deposit is received in case of entrusting sales only and as the inter-safety device for observing various contract items.
  • Q

    How much is the deposit for renting a booth?

    A
    It is 0.1 million ¥ for 1 company (per person), and the deposit is protected safely in the bank. The deposit will be returned within 1 week after an expiration of the contract.
  • Q

    How the product sales price is set?

    A
    Sales price is set by adding 10% to the local factory price of China.
  • Q

    How much is the sales commission?

    A
    Commission is set according to the product type within 10% of the total sales.
  • Q

    How much is the fee for using a booth?

    A
    If a company entrusts marketing, there is no fee for using a booth, but we receive sales commission.
  • Q

    What are the ways and areas for using an exhibition booth?

    A
    There are two ways of using a booth. Specific procedure and costs are provided to companies, which pass screening, and the company must install the booth.
    ① Renting a booth and performing marketing (sales) in person
    ② Entrusting marketing (sales)
  • Q

    What is the procedure for renting a booth?

    A
    ① You must pass the evaluation on the basic company information and products of your company.
    ② You must receive a business registration after taking foreign investment registration (KOTRA) set by the Korean government.
  • Q

    What is the qualification for renting a booth?

    A
    It must be a manufacturing factory, which produces excellent exportable products.
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