National Agricultural Cooperative Federation(KACT), first established in 1961, operates 6 subsidiaries, 1,300 Agricultural Cooperatives and 600 branch offices nation-wide to improve Cooperative members' sociao-economic status and construct an idealistic Agricultural Society in Korea by continuously to increase the productivity of Korea's agricultural industry and business. Major business areas of NACF are finance & banking, insurance, trade, wholesales, tourism, publishing and manufacturing. Korea Agricultural Cooperative Trading Co. Ltd.(KACT), wholly owned by NACF, is a trading company, which specializes in export and import business on behalf of National Agricultural Cooperative Federation and its member cooperatives.KACT exports Korea's agricultural products and natural & agricultural products. produced and supplied by over 1,300 NACF member cooperatives and farmers, while im