Koreas progress report on Paperless Trading 28 Sep

Korea’s progress report on Paperless Trading 28 Sep 05 e-Trade Facilitation Center

Contents I. E-Trade Facilitation Center II. The progress of Phase One 1. e-LC 2. TDR 3. Air Freight RFID pilot project 4. Others e-Trade Facilitation Center Copyright ⓒ 2005

I. Who We Are Korea e-Trade Facilitation System

2. Korea e-Trade Facilitation Center • Foundation – Founded in Jan. 2005 in KITA after BPR/ISP Project(Jun. 2004) • Role : Project Management Office – Implementation of 33 tasks from ‘e-Trade Korea 2007’ roadmap – Secretariat of National e-Trade Committee Private e-Trade Committee Chair : Dr. Jung Uck, Seo Chair : Prime Minister Administrative Committee Chair : Vice Minister of MOCIE Korea e-Trade Facilitation Center Platform W/G e-TP PM e-TDR Law W/G Law Reform Finance W/G e-L/C e-Nego Logistics Marketing W/G RFID e-L/G e-D/O e-MP e-Catalog Solutions Global W/G e-C/O e-B/L APEC, ASEM Bilateral Networking e-Trade Facilitation Center Copyright ⓒ 2005

II. Progress of Phase One

1. To-Be Model of e-Trade Platform Owner / Trading Co. Trade Leads & Overseas Ads Financial Institution Single Window §e-Market Place §e-Biz Site §Trade Information Site Portal §KFTC §SWIFTNet §The Bank of Korea §Banks §Foreign Exchange Gateway e-Trade Platform Network Credit Evaluation Foreign G 4 C e-Service Marketing Exchange §Credit Evaluation Co. §Korea Export Logistics Customs Settlement Data Warehouse Insurance Corporation e-Trade Document Repository License & Certificate §Union / Association §KCCI §Quarantine Station §Insurance Company §Private Institution Logistics §Shipper / Airliner §Forwarder §CY, Bonded Warehouse §KLNET §KILC §National BPR/ISP Customs Messaging Hub §Korea Customs Service §Customs Broker Global Networking Overseas Branch Foreign Supplier Foreign Buyer Int’l Financial Settlement Foreign Chamber of Commerce Global Foreign Customs Bilateral Connection e-Trade Facilitation Center Copyright ⓒ 2005

2. The Concept of Single Window The Basic Concept User Trade Chain Forwarder Bonded Warehouse Transaction Warehouse Electronic Airliners Shippers Single Window Transport/CY Inspection Quarantine Paper Government Services Global Network e-Trade Facilitation Center Copyright ⓒ 2005

3. Phase One : Introduction • Project : First phase of e-Trade Project (Dec. ’ 04~Jun. ’ 05) • Accomplishment – Development of e-L/C Circulation Management System – Test & Evaluation of e-Trade Document Repository – Development of detailed roadmap for 2 nd project(’ 05~’ 06) The scope of 1 st e-Trade Service Project e-Trade Facilitation Center Copyright ⓒ 2005

4. e-L/C Service • Outline Advising banks advise L/C to exporting companies and store the L/C after registration. Negotiating banks provide service without paper L/C. . • About Service • • What is e-L/C? Advise – – – Electronic Advise Original L/C Store of L/C • Confirmation • Cancel of Advise • Transfer • Balance • Original Copy in e-TDR e-Trade Facilitation Center Copyright ⓒ 2005

5. e-Trade Document Repository • Outline e-TDR provides storage service for e-Trade documents with all sort of certificate service, which provides authenticity of edocuments in e-Trade transactions and acts as base in insuring negotiability. • About Service • What is e-TDR? • Document Research • Original Document Search • Original Document Print Out • e-Certificate Search e-Trade Facilitation Center Copyright ⓒ 2005

6. e-L/C Portal Site e-Trade Facilitation Center Copyright ⓒ 2005

7. Development of Global RFID Logistics • Project : RFID on Air Freight for Global e-Logistics • Period : Jun. ’ 05~Dec. ’ 05 • Partner : MFCS CTI Visibility Check 4 Easy Processing 4 Auto Transaction 4 Service Upgrade National Logistics Infra B 2 G Info Sensing Info RFID Code ISO 18000 -6, EPC UHF EPC Network Platform EPC global Standard EPC IS (Discovery Service) Web Server Trade Logistics ONS Visibility Check I/V, B/L Mapping Info B/L Info Location Info Global Visibility Platform(EPC Network for Trade) . I/V & Sensing Info 4 SCM Upgrade 4 Manufacturing Plan 4 Delivery on Time Visibility Check Internet Sensing Info EPC NETWORK RFID Tag Issuing Portable Reader RFID Tag Read RFID Middleware Buyer LG Eelctronics / LG Innotek Factory Pan Korea Express Warehouse in Korea L. A. Airport Terminal Pan Korea Express Warehouse in U. S e-Trade Facilitation Center Copyright ⓒ 2005

8. Marketing and proliferation 1. June : Online and Offline seminars to educate member companies, students and teaching faculties in Universities (throughout the year) 2. August : E-Learning solution strategy for e-Trade Platform jointly developed with Carnegie Mellon University 3. September : Simulation tool for current EDI service available through ‘kita. net’ e-Trade Facilitation Center Copyright ⓒ 2005

9. APEC IT Exhibition (November, Busan) e-Trade Facilitation Center Copyright ⓒ 2005

9. APEC IT Exhibition (November, Busan) e-Trade Facilitation Center Copyright ⓒ 2005

Thank You