Tripartite MOU Signed to Expand Sales and Exports of Gim

The Korea Importers Association announced on the 13th that its member companies—Highland Food Group, GS Global, and Wando Mulsan—signed a tripartite memorandum of understanding (MOU) at GS Tower in Gangnam-gu, Seoul, to expand both domestic and international sales and exports of gim (laver/seaweed).

(From left) Youngmi Yoon, Chairman of Highland Food Group; Cheonil Kim, Co-CEO of Wando MulSan; Inryeong Choi, Co-CEO of Wando MulSan; and Sungwon Kim, President and CEO of GS Global, are posing for a commemorative photo at GS Tower in Gangnam-gu, Seoul.

(From left) Youngmi Yoon, Chairman of Highland Food Group; Cheonil Kim, Co-CEO of Wando MulSan; Inryeong Choi, Co-CEO of Wando MulSan; and Sungwon Kim, President and CEO of GS Global, are posing for a commemorative photo at GS Tower in Gangnam-gu, Seoul.

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Through this agreement, the three companies will combine their respective production bases, domestic and international distribution networks, and global connections to jointly promote the expansion of gim, a flagship K-food export item, into overseas markets.


Highland Food Group has a distribution network and logistics and processing infrastructure that imports about 150,000 tons of meat annually from more than 20 countries and supplies it to around 1,700 client companies. GS Global will leverage its global network and supply chain management capabilities as a comprehensive trading company.


Wando Mulsan, a company specializing in gim production, is in charge of sourcing high-quality gim raw materials and manufacturing finished products. Highland Food Group and GS Global plan to discover new customers and expand sales channels and exports by drawing on their domestic and international distribution capabilities and marketing experience.


With this, the companies are expected to establish a collaborative system that covers everything from sourcing and production of gim raw materials to domestic distribution and exports. The significance of this lies especially in leveraging overseas trading networks and customs/logistics know-how, accumulated through their import business, to support exports of Korean products.



A representative from the Korea Importers Association stated, "This is an example of member companies combining their strengths to create new business opportunities together," adding, "We will continue to actively support business connections and networking among member companies so that such cooperation translates into tangible results."


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