Changwon Chamber of Commerce, Two Recipients Awarded Minister of Trade, Industry and Energy Commendations at FTA Utilization Merit Ceremony

Manager Kim Gwan-yeop of Daeho INT, who received the Minister's Commendation for Utilization of Free Trade Agreements in 2021 from the Ministry of Trade, Industry and Energy.

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] The Changwon Chamber of Commerce and Industry's Gyeongnam FTA Utilization Support Center announced on the 2nd that Kim Gwan-yeop, Manager of Daeho INT in Changwon, and Song Dong-gi, Deputy Manager of Pamex in Yangsan, were selected and received ministerial commendations at the '2021 Free Trade Agreement (FTA) Utilization Merit Awards' hosted by the Ministry of Trade, Industry and Energy.

FTA utilization refers to proving the origin of exported goods when exporting to FTA partner countries, thereby receiving preferential FTA tariffs on the exported goods in the importing country. FTAs have the effect of enhancing the price competitiveness of exported goods by providing tariff reduction benefits to local customers in the importing country.

Manager Kim Gwan-yeop joined Daeho INT, which produces central air conditioner control devices and supplies them to LG Electronics, in 2012 and is in charge of export operations.

He was recognized for his contribution to achieving an indirect export amount of 3 million USD last year through air conditioners exported by LG Electronics to India utilizing the Korea-India FTA.

Assistant Manager Song Dong-gi of PAMEX, recipient of the Minister's Commendation for Excellence in Utilizing Free Trade Agreements in 2021 from the Ministry of Trade, Industry and Energy.

Deputy Manager Song Dong-gi joined Pamex, which manufactures factory automation equipment, in 2011 and is responsible for export operations.

When exporting automation equipment composed of various parts and semi-finished products, he ensured that each part and manufacturing process was certified for origin to receive FTA tariff benefits, contributing to achieving approximately 5 million USD in direct and indirect exports to India and ASEAN regions last year.

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