Japanese trading company Nissho Iwai Corp. said Friday that it has agreed with South Korean trader Samsung Corp. to share overseas outlets.
The move is intended to spur the two trading houses' efforts to streamline their operations outside of their home markets.
A total of 415 Nissho Iwai representatives are currently at 136 overseas bases, while the Seoul-based trading arm of the Samsung group has 175 employees at 97 offices abroad.