Gwangju Chamber of Commerce and Industry Conducts Post-Verification Training on FTA Origin Compliance

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] The Gwangju FTA Utilization Support Center, operated by the Gwangju Chamber of Commerce and Industry, will hold an 'FTA Origin Post-Verification Response Training' for executives and employees of local export-import companies at the chamber's basement training room until the 16th.

This training course covers ▲Overview of FTA origin verification ▲FTA origin verification regulations and procedures ▲KORUS FTA origin verification ▲Case analysis by FTA verification elements ▲Verification response measures, with customs officer Seo Hyung-seok from JS Customs Corporation conducting a 7-hour lecture.

During the training, export managers can learn how to respond to post-verification requests from importing country customs and the related procedures. Upon completion, participants can earn '10 points for Certified Exporter,' which will be greatly helpful for companies preparing to acquire Certified Exporter status.

This training was organized to support local export-import company personnel in efficiently preparing for post-verification by familiarizing them with FTA preferential tariff application requirements and FTA origin management regulations, as the frequency of post-verification by customs of FTA trading partner countries such as KORUS FTA and Korea-ASEAN FTA has recently increased.

Lee Hu-hyung, head of the Gwangju FTA Utilization Support Center, said, “Since the enactment of the Korea-Chile FTA in 2004, FTAs have been expanding mainly with major countries, but recently, the global trend of strengthening protectionism continues.”

He added, “Requests for post-verification of origin certificates for Korean export goods from FTA partner countries are increasing, and if errors are found in the relevant origin certificates, significant additional taxes may be imposed depending on the case, so special attention and response are required.”

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