‘Korea-Paraguay Customs Chiefs Meeting’ Korea Customs Service Strengthens Bilateral Cooperation in Customs Sector

Yoon Tae-sik, Commissioner of the Korea Customs Service (second from right), is discussing ways to strengthen cooperation between the customs authorities of the two countries with Julio Fernandez, Commissioner of the Paraguay Customs Service, and others at the "Korea-Paraguay Customs Commissioners' Meeting" held at the Government Complex Daejeon on the 20th. Photo by Korea Customs Service

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The Korea Customs Service is strengthening cooperation with the Paraguayan customs authorities in the customs sector.

On the 20th, the Korea Customs Service announced that Yoon Tae-sik, Commissioner of the Korea Customs Service, and Julio Fernandez, Commissioner of the Paraguayan Customs Service, met at the Government Complex Daejeon for the '1st Korea-Paraguay Customs Commissioners' Meeting.'

The meeting was held on the occasion of Commissioner Fernandez's visit to Korea in relation to the modernization project of Paraguayan customs administration.

At the meeting, the customs commissioners of both countries discussed mutual cooperation between customs authorities. The key topics on the agenda included ▲ cooperation related to the Paraguayan customs administration modernization project ▲ promotion of the conclusion of a 'Mutual Customs Assistance Agreement' ▲ and ways to strengthen multilateral cooperation among World Customs Organization (WCO) member countries.

The Korea Customs Service emphasized the significance of strengthening cooperation in the customs sector between the two countries, anticipating an increase in trade volume with Paraguay upon the conclusion of the Korea-Mercosur trade agreement, which is currently under negotiation.

Mercosur refers to the South American common market consisting of four countries: Brazil, Argentina, Uruguay, and Paraguay. Since negotiations with Korea began in 2018, a total of seven official negotiation rounds have been held to date.

Commissioner Yoon stated, “The Korea Customs Service plans to strengthen cooperation with customs authorities of various countries overseas, including Paraguay, to reduce logistics costs for domestic export companies and resolve difficulties in overseas customs clearance processes. In particular, we will actively promote export expansion so that the Korean-style electronic customs clearance system can spread worldwide during the cooperation process.”

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