Korea

Korea’s progress report on Paperless Trading 28 Sep 05 e-Trade Facilitation Center Contents I. II. E-Trade Facilitation Center 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 National e-Trade Committee Chair : Prime Minister Administrative Committee Chair : Vice Minister of MOCIE Private e-Trade Committee Chair : Dr. Jung Uck, Seo Korea e-Trade Facilitation Center Platform W/G e-TP PM e-TDR Law W/G Law Reform Finance Logistics Marketing W/G W/G W/G e-L/C e-Nego 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 e-Market Place e-Biz Site Trade Information Site Single Window Portal Gateway Financial Institution KFTC SWIFTNet The Bank of Korea Banks Foreign Exchange Network e-Trade Platform Credit Evaluation Credit Evaluation Co. Korea Export Insurance Corporation Marketing Exchange Foreign G4C e-Service Logistics Customs Settlement Logistics Shipper / Airliner Forwarder CY,Bonded Warehouse KLNET KILC National BPR/ISP Data Warehouse e-Trade Document Repository License & Certificate Union / Association KCCI Quarantine Station Insurance Company Private Institution Messaging Hub Customs Korea Customs Service Customs Broker Global Networking Overseas Branch Foreign Supplier Foreign Chamber of Commerce Foreign Customs Bilateral Connection Int’l Financial Settlement Global Foreign Buyer e-Trade Facilitation Center Copyright ⓒ 2005 2. The Concept of Single Window The Basic Concept User Trade Chain Forwarder Bonded Warehouse Transaction Warehouse Electronic Single Window Airliners Shippers 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 2nd project(’05~’06) The scope of 1st 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 e-documents 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 MFCS CTI • Partner : National Logistics Infra B2G Info Sensing Info RFID Code Visibility Check  Easy Processing  Auto Transaction  Service Upgrade ISO 18000-6, EPC UHF EPC Network Platform EPC global Standard Location Info Trade Logistics ONS EPC IS (Discovery Service) Web Server I/V, B/L Mapping Info B/L Info Visibility Check  SCM Upgrade  Manufacturing Plan  Delivery on Time Visibility Check Global Visibility Platform(EPC Network for Trade) . I/V & Sensing Info Sensing Info Sensing Info Internet EPC NETWORK RFID Tag Issuing Portable Reader RFID Middleware RFID Tag Read RFID Tag Read RFID Tag Read 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