Port of Long Beach officials have signed a sister port agreement with the world’s fifth-busiest seaport, South Korea’s Busan Port Authority, the Long Beach port announced Tuesday.
While the pact is not legally binding, there is the potential for more trade opportunities with South Korea, Long Beach’s third-biggest trading partner overall, said spokesman Art Wong.
Long Beach also has sister port agreements with China’s Port of Qingdao and Taiwan’s ports of Hualien and Taichung, as well as memorandums of understanding with the Port of Rotterdam in the Netherlands, the Panama Canal Authority, Yantian International Container Terminals in Shenzhen, China, and China Merchants Holdings International, that country’s largest public seaport operator.