Korea-US Steel Customs Electronic Document Exchange... "Real-time Confirmation of Steel Customs Status"

An electronic document exchange system that allows real-time monitoring of steel customs clearance status between Korea and the United States has been launched.

The Ministry of Trade, Industry and Energy and the Korea Customs Service announced on the 15th (local time) that they held an opening ceremony for the electronic document exchange system with the U.S. Customs and Border Protection (CBP).

This system operates by linking the export quota management system of the Korea Iron & Steel Association with CBP’s customs clearance management system (eCERT).

When the Korea Iron & Steel Association electronically submits an export approval document, CBP compares it with the import declaration and decides on customs clearance, then electronically sends the result back to the Korea Iron & Steel Association.

Through this, it will be possible to aggregate statistics such as customs clearance status, approved quantities, and remaining quotas between the two countries in real time.

Also, starting from the 20th of this month, customs clearance will only be possible if the importer information on the import declaration submitted to U.S. Customs for Korean steel imports matches the importer information on the export approval document sent by the Korea Iron & Steel Association.

From May 20th, customs clearance will only be possible if the importer information on the import declaration submitted to U.S. Customs for Korean steel imports matches the importer information on the export approval document sent by the Korea Iron & Steel Association.

No Geon-gi, Director of Trade Negotiations at the Ministry of Trade, Industry and Energy, said, “Previously, export companies usually took more than a week to independently check customs clearance status through importers in the U.S., but now it is possible to check real-time customs clearance status with just a mouse click. We expect that the launch of the electronic document exchange system for customs clearance will improve export convenience and predictability for companies.”

Lee Jin-hee, Director of the International Customs Cooperation Division at the Korea Customs Service, said, “The Korea Customs Service has closely cooperated with CBP to ensure that domestic companies do not face difficulties in the customs clearance process at U.S. Customs. We will continue to expand customs cooperation with the U.S. in ways that benefit domestic export companies.”

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