Dear Member(s),

PLEXCONCIL in its commitment to help increaseIndia’s Plastics Exports and support the IndianBusiness houses and manufacturers to generatebusiness is organizing a Virtual  B2B with Republic ofKorea   buyers. The B2B is being organized withsupport from the Embassy of India, Seoul, Republicof Korea (South Korea).

Invites you for the

India International PlasticsVirtual B2B

Sponsored by Ministry of CommerceGovt. of India

with

Seoul, Republic of KoreaEmbassy of India

The trade and economic relations between India andRepublic of Korea (Korea) have gathered momentum inrecent years with annual bilateral trade reaching $21.5billion in 2018, crossing $20 billion mark for the first time.Bilateral trade in Jan-Nov 2019, the latest data as ofDecember 2019, recorded $19.05 billion. The bilateralComprehensive Economic Cooperation Agreement(CEPA), set in place since 2010, has spurred the trade andinvestments both ways.   Few of the products fromPlastics (Chapter 39) are part of the CEPA.

South Korea, the world's leader in plastic consumptionper capita were plastics are widely used, from daily lifeto the industrial or construction industry, due to theirlightweight design and low cost. In modern society inKorea, living without plastic would be almostimpossible in everyday life.   The potential to ventureinto this market is huge.

The Government of India has identified some tarifflines which have the potential for increased exportsfrom India to Republic of Korea. In addition to this,Council has undertaken further analysis and enlistedcertain products based on the information from theEmbassy of India, Republic of Korea for which exportsfrom India can be enhanced. The details of theproducts are as below:

INDIA

INTERN

ATIO

NA

LPLA

STICS VIRTUA

L SHOW

SELECTION

CRITERIA

The Indian exporter should have thecapacity to cater to the requirement oflarge corporates and others

The Indian company should have thecapacity to execute the orders in time

The Indian company should adhere tothe product safety standards requiredin the country.

Following criteria will be adopted inselecting the participant:

The above criteria are important for theorganizers to arrange buyers forsecuring firm orders which could becompleted on time.

BENEFITS

Seamless matchmaking opportunity (pre-scheduled/approved meetings).

Chat and video conferencing facility to help easyinteractions (yet to confirm).

Products displayed with detailed specificationsto facilitate sourcing.

Webinars bringing speakers/experts to enhanceknowledge and decision making (yet to confirm).

Access to quality and verified buyers from thecomfort of home or office.

Pre-scheduled business meetings between buyerand seller.

Reduced cost of participation vis a vis traditionalformat.

Focused Country/Market helps to understand thespecific market requirement and showcase solutionsaccordingly.

Import Duty Structure and FTA details (if any) wouldbe provided to those who register for the B2B.

FEA

TURE

S

BANK

DETAILS

Bank Name - State Bank Of IndiaAccount Name - The Plastics Export

Promotion CouncilAccount Number - 34011621060

IFSC  CODE - SBIN0000539Branch - Andheri (East),

Mumbai - 400069BSR Code - 400002002

Interested Members are requested to apply to the Council with theattached form and send to the following email addresses:

The participation cost for the B2B meeting will be

(Rupees Fifteen Thousand plus GST)

For more details, contact:

India International Plastics B2B with Republic of Korea is being scheduled on

Apply Before

Sribash DasmohapatraExecutive Director

The Plastics Export Promotion Council