Samsung Bioepis Obtains Certification as an Excellent Company in Export-Import Safety Management

[Asia Economy Reporter Cho Hyun-ui] Samsung Bioepis announced on the 17th that it has been certified as an Authorized Economic Operator (AEO) by the Korea Customs Service.

The AEO certification is an international standard regulation of the World Customs Organization (WCO), operated in more than 80 countries worldwide to ensure the safety of the trade supply chain. Certified companies receive various customs benefits such as expedited clearance and exemption from customs inspections.

Samsung Bioepis has been preparing for the AEO certification over the past year by cooperating with customs authorities' inspections. Since it handles frozen/refrigerated cargo sensitive to temperature changes during the export and import process of biopharmaceuticals and raw and subsidiary materials, the need for expedited clearance arose.

By obtaining the AEO certification, Samsung Bioepis will be able to receive benefits such as reduced customs clearance time and simplified procedures for the next five years. Additionally, by utilizing Mutual Recognition Agreements (MRA) between AEO-certified countries, it can secure global competitiveness in supply chain management.

A Samsung Bioepis official stated, "Based on the AEO certification, we will establish a stable product manufacturing and supply system to timely provide high-quality biopharmaceuticals to more patients in the global market."

This content was produced with the assistance of AI translation services.