Yes, but...this description from that website is key. Networking, one on one meetings, etc, for business is not a 'nothing burger'. It's how stuff gets done.
"CTMs bring representatives of U.S. companies into contact with potential agents, distributors, joint venture partners, licensees, local businesses, and government contacts.
CTMs typically include the following:
one-on-one business appointments
market briefings
networking receptions
selective sessions on local business practices, site visits, or seminars"
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