BMW Group Korea Certified as an Excellent Company in Export and Import Safety Management

BMW Group Korea announced on the 18th that it has received the Authorized Economic Operator (AEO) certification from the Korea Customs Service.

This certification is granted by the Korea Customs Service after reviewing compliance with laws and regulations, internal control systems, financial soundness, and the adequacy of safety management standards. The company explained that it means the company is recognized by customs authorities as a trusted and safe entity among parties involved in cargo movement.

Jungsang Cheon, Head of Service Division at BMW Group Korea (left in the photo), and Seunghwan Jung, Seoul Customs Director, are taking a commemorative photo after the certificate awarding ceremony on the 17th.

AEO-certified companies receive various benefits such as simplified inspections and procedures, and reduced financial burdens. If a mutual recognition agreement is established with other AEO-implementing countries, expedited customs clearance benefits such as reduced inspection rates are also possible in the partner countries.

Previously, the company first received this certification in 2010 and has met the essential requirements to receive it again this year. Hansang Yoon, CEO of BMW Group Korea, said, "This certification officially recognizes the transparency of our import and export management."

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