"Handle FTA Origin Certification Easily and Conveniently"

[Sejong=Asia Economy Reporter Kwon Haeyoung] The Ministry of Trade, Industry and Energy will begin recruiting target companies for comprehensive consulting on the FTA Origin Management System from the 18th to support informatization such as FTA origin determination, certification, and management for small and medium-sized enterprises (SMEs) and mid-sized companies.

This project targets small and mid-sized export companies operating Enterprise Resource Planning (ERP) systems. The core content is to build an integrated system for origin certification management that automatically extracts related data and supports linkage with export partner companies' data.

This year, the project scale has been expanded from last year to support up to 40 million KRW per company (for on-premise installation) for about 230 export company groups (export companies + export partner companies). In particular, consulting will include ERP interface development to comprehensively support origin certification and management. Strengthening the linkage between ERP and the origin certification and management system is also expected to improve user convenience.

Applicant companies will be prioritized and supported based on a review of those with significant FTA utilization effects. Selected export companies and their partner companies can receive classification reviews of all export items (including raw materials) from experienced customs brokers. Business personnel can also receive close support for essential education for origin management, such as basic FTA training and system operation training.

Kim Hyeongju, Director of Domestic Trade Policy at the Ministry of Trade, Industry and Energy, stated, "With the recent expansion of protectionism centered on domestic markets and increasing concerns over trade friction, origin management has become even more important," adding, "We hope that our SMEs and mid-sized companies, which have weak capabilities in origin certification and management, will actively utilize this project and receive much assistance."

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