Success Stories

KOR-MINN, LLC

KOR-MINN, LLC

Minneapolis, Minnesota

Profile: KOR-MINN, LLC is a consulting firm that serves both U.S. and Korean companies conducting, and interested in conducting, international business. The firm, which was established in 1997, assists, represents and advises clients on bilateral trade in the agriculture, manufacturing, healthcare and technology industries.

Trade: KOR-MINN’s clients are interested in export and import activities, contract manufacturing, joint ventures, investment and more. To help its clients meet their goals, KOR-MINN offers services that include market/investment research, product representation, development of market entry and expansion plans, trade seminars and trips, agent/distributor selection, and contract negotiations.

Growth: As awareness of the benefits of the U.S.-Korea Free Trade Agreement (KORUS FTA) continues to grow, KOR-MINN expects more companies to look for ways to capitalize on international trade opportunities. It has already seen American companies show increased interest in exploring the Korean market, as well as greater interest from Korean companies in working with their American counterparts. This, in turn, can mean a greater need for KOR-MINN’s services and expertise.

Korean Business Culture: According to KOR-MINN, business relationships are important in Korea, but human-to-human connections are more valuable. By showing willingness to invest in these connections for the long term, American companies can best position themselves to be successful in the Korean marketplace.


“International trade has always been part of our economy, but agreements like the KORUS FTA give us a fresh perspective on its importance.”

-- Hank Imm, Principal, KOR-MINN, LLC
www.kor-minn.com

 

 

 

Local Resources

Select your state below for information on local resources that can help you take advantage of opportunities from the U.S.-Korea Free Trade Agreement. These resources include groups in both the public and private sector.

National Benefits

Main Exports
Computers & Electronics, Chemicals, Machinery

Main Imports
Communications Equipment, Motor Vehicles, Semiconductors

Interesting Fact
In 2011, trade volume between the United States and Korea topped $100 billion for the first time.

 

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