Supporting Joint Logistics for 1,300 Companies to Boost Non-Face-to-Face Export 활성화

2020 Online Export Joint Logistics Project Recruitment Announcement

[Asia Economy Reporter Kim Cheol-hyun] The Ministry of SMEs and Startups (Minister Park Young-sun, hereinafter referred to as the Ministry) announced on the 15th that it is recruiting participating companies for the '2020 Online Export Joint Logistics Project' in collaboration with the Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) to support small and medium enterprises in reducing logistics costs and entering overseas markets.

The Online Export Joint Logistics Project is a program that consolidates the export volumes of dispersed online export SMEs to lower shipping costs and supports the use of domestic and overseas logistics warehouses at affordable prices. It plans to support about 1,300 companies with a limit of 15 million KRW per company.

In May, the Ministry promoted the 'Air Cargo Freight Rate Compensation Project' to support Korean companies facing difficulties due to rising air logistics costs and delivery delays caused by the novel coronavirus disease (COVID-19). Through this, more than 1,350 SMEs received practical assistance. Despite the recruitment period being only two weeks for the May support project, over 1,400 companies applied, indicating that Korean companies feel a significant burden regarding export logistics, according to the Ministry.

Accordingly, the Ministry plans to promote the second recruitment, aiming for implementation in July, so that more exporting SMEs can receive joint logistics support. The 'Air Cargo Freight Rate Compensation Project' is open to all SMEs under the Framework Act on Small and Medium Enterprises, and participating SMEs can receive more than a 50% discount on online export product shipping costs, support for up to five domestic and overseas logistics warehouse usage fees, fulfillment, export-import declaration agency fees, etc., and benefits such as joint marketing promotions with global e-commerce platforms.

A Ministry official stated, "Recently, due to the global economic downturn caused by COVID-19 and the rise in air logistics costs, the burden on our SMEs has increased," adding, "The Ministry will actively strive to alleviate the difficulties faced by our SMEs suffering from rising logistics costs through this joint logistics project following May’s initiative and to expand non-face-to-face online exports by SMEs."

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