KT&G Obtains Official Certification as an 'Authorized Economic Operator'
Recognition of Excellence in Regulatory Compliance, Internal Control Systems, and Financial Soundness
KT&G announced on the 18th that it has obtained the Authorized Economic Operator (AEO) certification, overseen by the Korea Customs Service.
The AEO is an international standard certification system in which the Korea Customs Service selects excellent companies based on the export-import safety management standards of the World Customs Organization (WCO). The certification evaluation covers compliance with laws, internal control systems, financial soundness, and safety management.
By acquiring the AEO certification, KT&G is guaranteed comprehensive benefits in customs administration, such as expedited customs clearance and reduced inspections of export-import goods. In particular, KT&G will receive the same benefits in customs procedures as in Korea under Mutual Recognition Agreements (MRA) with major export countries such as the UAE, Indonesia, and T?rkiye, accelerating its global exports and market expansion.
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A KT&G official stated, “We expect to supply products more quickly to domestic and international customers amid challenging trade conditions, including the rise of protectionism and increasing non-tariff barriers. Going forward, we will further strengthen our export-import competitiveness and accelerate our leap to become a global top-tier company by additionally obtaining local AEO certifications for overseas subsidiaries.”
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