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Ki Hyun OH Managing Director/KTNET basecamp@ktnet

UNECE. UN/CEFACT. Going for Seamless Paperless Trade. Ki Hyun OH Managing Director/KTNET basecamp@ktnet.com. 1. Who is KTNET? 2. KTNET Services 3. Global Projects 4. Vision. UNECE. UN/CEFACT. Contents. UNECE. UN/CEFACT. 1. Who is KTNET?. Profile of KTNET. Establishment.

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Ki Hyun OH Managing Director/KTNET basecamp@ktnet

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  1. UNECE UN/CEFACT Going for Seamless Paperless Trade Ki Hyun OH Managing Director/KTNET basecamp@ktnet.com

  2. 1. Who is KTNET? 2. KTNET Services 3. Global Projects 4. Vision UNECE UN/CEFACT Contents

  3. UNECE UN/CEFACT 1. Who is KTNET?

  4. Profile of KTNET Establishment established on December 1991 by the initiatives from MOCIE Employees About 200 employees Capital 70Million (USD) Revenue (’04) 50Million (USD) Transaction About 9.6 Million Times/ Month e-Docs 300 kinds of e-documents in service User Group Trading Firms, Banks, Customs Brokers, Bonded Warehouses, Shipping Companies, Airlines, Korea Customs Service, Other Government Agencies and trade-related authorities.

  5. UNECE UN/CEFACT 2. KTNET Services

  6. KTNET Service Overview Business Scope Services Service Type Mega portal VAN Web(portal) Commerce • - Export/Import License • - Marine Cargo Insurance • - Export Insurance - Application for ((Issue) Letter of Guarantee - C/O, P/L eTFTM C/S Trade Finance - L/C Advice - Local L/C - Remittance eTFTM C/S CTradeWorld eCustoms • Customs Declaration • Manifest Consolidation System • Duty drawback eCFTM C/S eLogistics - Shipping Request & Order - Bill of Lading Advice - Marine Cargo Insurance Policy C/S eLFTM

  7. UNECE UN/CEFACT 2-1. Commerce and Trade Finance

  8. Trading firms(16,023) Industrial Associations(18) Who participates in Commerce & Finance service? • About 16,000 trading firms and most of trade related organizations participate in Commerce and Finance service network Korean banks(19) KTNET Insurance companies(6) Foreign banks In Korea(23) Korea Export Insurance Corporation(1) Korean Chamber of Commerce and Industry(2)

  9. L/C Opening/Advice 1. BUSINESS CONTENT : L/C open, Opening Charge Notice, L/C advice, Advising Charge Notice 2. BUSINESS FLOW ① ADV700 (L/C Advice) ① APP700 (L/C Application) SWIFT ② FINBIL (charge advice) ② Nego L/C PRESENTATION FOREIGN NOTICE BANK IMPORTER OPENING BANK EXPORTER

  10. Local L/C Opening/Advice/Nego 1. BUSINESS CONTENT : Local L/C open / advice, VATBIL or LOCRCT(local receipt certificate), Application for Bill of Exchange negotiation 2. BUSINESS FLOW ⑦ Nego/settlement ② L/C open ⑥ Nego/ settlement Opening Bank ③ L/C advice Negotiating Bank ⑧ Nego/settlement ① Offer sending ④ VATBIL issue ⑤ LOCRCT issue Exporter Manufacturer

  11. Letter of Guarantee 1. BUSINESS CONTENT : L/G Application, L/G Sending, L/G Issuing inquiry & Confirmation, Letter of Guarantee, Cargo Exit 2. BUSINESS FLOW • ‘ Bank L/G Issue • (LOGUAR/LOGADV) • Bank L/G issuing inquiry and confirmation KTNET FORWARDER MFCS BANK • CargoDelivery Order • (GODAPP)  EDI*NET L/G Application (APPLOG) • Bank L/G Issue • (LOGUAR) Exit • Cargo Delivery Order & bank issuing D/O agreement yes or no confirmation taking out IMPORTER WAREHOUSE

  12. Certificate of Origin e-C/O Scenario Import Dec. Customs Customs Bank KCCI Import Doc.(e-C/O, INV) e-C/O, Inv, P/L e-C/O TDA for Customs CO APP TDA e-C/O, Inv, P/L e-C/O DVCS Exporter Overseas Hub e-Trade Platform e-C/O, Inv, P/L e-C/O, Inv, P/L Importer print out choice of document handling (on - offline) e-C/O, Inv, P/L by paper handling Import Process TDA : Trusted Document Authority DVCS : Data Validate Certificate System Export Process Paper Process

  13. UNECE UN/CEFACT 2-2. e Customs

  14. KTNET Networking As of June 2005 Trading Firms (16,000) Bonded Warehouse (1,176) Forwarder - Sea(1966) - Air (1278) Bank (20) Customs Broker (722) KTNET ARINC Bonded Transportation (308) SITA Network Service Provider Tallying Firms (22) Global Networks Shipping Companies (574) US Customs Air Lines (53) ASEM PAA *OGA: Other Government Agencies OGA (120)

  15. e-Customs Service • Teaming up with the Korea Customs Service,KTNET has developed the Customs Information System handling cargo-related activities rapidly and precisely. • ‘Electronic Data Interchange(EDI) System for Export Clearance’ was launched in 1994. • Followed by ‘Import Clearance’ in 1996 and by ‘Automated Duty Drawback’ in 1997 and reached close to 100% Paperless Customs Procedures. Traders Shipper/Airline Forwarder Organization eCustoms Bank/Insurance Transport Customs Service

  16. UNECE UN/CEFACT 2-3. e-Logistics

  17. e-Logistics Service • Drives the processing speed of Logistics and reduces Time and Cost for Cargo Management. • Covers 100% Complete Cargo Management Process, from arrival, unloading and warehousing to delivery to customers. • Using EDI based Document Standards and Simplification, KTNET provides 24-hour real-time Logistics service. INFORMATION INFORMATION Airlines KTNET Arrival & Departure CustomsHouse Traders Transport Forwarder Warehouse Load Shipper Export Import

  18. e-LogisFrameTM Service eLFTM transmits e-documents such as ; Shipping Company Airline Korea Customs Service FFM/FWB Master Manifest Transmission Master Manifest Transmission Manifest Acceptance Internal business of Customs Suspicious Cargo Selectivity Arrival Notice Paperless Nego ARINC Trader Freight Forwarder House Manifest Transmission D/O, L/G L/G Information Confirmation for shipment of Export cargo eLogisFrameTM MFCSTM House Manifest Transmission Bank Cargo Information Inquiry Pre-arrival Customs Clearance Manifest Entry Agent Expected Carry-into information Work order list for Cargo allocation Unloading Report Expected Check List Bonded Transportation List Customs Broker * D/O : Delivery Order * L/G : Letter of Guarantee Warehouse Stevedore Tallying Firm Trucking Company

  19. Foreign Customs Korea Customs Information Sharing Foreign cargo management system Airliner Airliner MFCS Forwarder Forwarder Bonded transporter Shipping company Bonded warehouse Bonded warehouse Bonded transporter Shipping company Sharing Cargo Data- Suggestion for Int’l Cooperation • Connecting Korea’s Manifest Consolidation System(MFCS) with the cargo management systems of foreign countries will enable a global sharing of cargo information resulting in better Customs Service administration

  20. Global Visibility service • As the backbone of KTNET e-Logistics, Intelligent & proactive track & trace platform with • global connection • Data sharing by the actions of touch points like uploading from legacy or inputting data • Booking from customers to logistics service providers via on-line • Pre-alert, event management, inventory(in motion & at rest)control provided P/O Issue P/O Accept Goods Issue Pick Up Shipment B/L Issues Transport Transfer Import Arrival, Customs- Release Inland Cartage Delivery Invoice Goods Receipt Account Payable End to End, Real & Near Time Consignee Shipper Goods Issues Goods Receipt Global Visibility Supplier/ Factory DC/Buyer Integrated & Centralized Pick Up Connection Delivery Trucker Export clearance Trucker Import clearance Build up Break down Forwarder Arrival Departure Forwarder Terminal Airlines Terminal Carrier

  21. Global Visibility Service Business Case of Visibility in service • HP(Headquarter in US & Korea) & its logistics service providers connected with KTNET • Data uploaded and shared with trading partners • Real time cargo status information created and supplied for customers • Cargo status information(delay, on time or in time) acquired from the WEB • Time and cost for cargo tracking reduced SCM:Production, Inventory Commercial Invoice SCM:Delivery, Shipment [HP Singapore] [HP GLOBAL] [HP Korea] Visibility Monitor Visibility Monitor ATHENA Commercial Invoice VISIBILITY in KTNET Import Clearance Cargo in & out of W/H Transportation Status [Inland Transportation] [Customs Broker] [Bonded Warehouse]

  22. UNECE UN/CEFACT 3. Global Projects - PAA - ASEM - GSCM

  23. PAA Members and Business Scope • 9 members ; KTNET (Korea), CIECC (China), Tradelink (Hong Kong), TEDMEV (Macau), • Trade-Van (Chinese Taipei), TEDI (Japan), CrimsonLogic (Singapore), • DagangNet (Malaysia), CAT (Thailand) Asian Paperless Trade Domestic Paperless Trade Trader e-MP Chinese Taipei Carrier Manufacturer Customs China Korea Customs Broker 260,000 Customers KTNET Japan Forwarder Macau Trucker Authority Hong Kong Malaysia Warehouse Insurance Bank Singapore

  24. Secure Cross Border Transaction Service Technical Standard PAA Club Agreement PAA Performance • As Is: B2B & B2G e-Doc’s, Visibility Service, etc.. • To Be: e-B/L, e-Nego, e-Payment • Interconnection Standard (Interoperability) • e-Document Standard • Security (Public Key Infrastructure) • Background for legal issues • Multilateral Agreement

  25. Introduction of ASEM • Beginning Approved by ASEM members at the 1st ASEM Conference on e-Commerce(2001) Trade Volume with Korea • Objectives (US$3,976million) (US$12,425million) Facilitate International Trade between Asia and Europe Public-Private Joint Efforts e-B2G Doc’s as well as e-B2B Seamless Paperless Trade process by e-B/L, e-Nego and e-Payment ASEM Paperless Trade Network (US$56,658million) (US$6,798million) Source : 2004, KITA

  26. ASEAL-A Booster to ASEM Project

  27. Big corp. Private SCM Introduction of GSCM • Object • - Building up Public SCM platform for Korean SME’s Background A Supplier1 To upgrade private companies’ competence A Buyer A Buyer 2 GSCM-Hub A local factory To support investment on overseas manufacturing facilities A overseas factory To support SME’s IT-based business activities Market Place A Supplier 4 A Supplier 3 Company A Supplier 2 To increase business flexibility by corresponding to global market changes Domestic Global

  28. 4. Vision UNECE UN/CEFACT

  29. Korean Single Window - e-Trade Platform Financial Settlement Bank Marketing Credit Card License/Certificate Insurance KFTC eMarketPlace Credit Evaluation Company Insurance Company Global e-Trade Hub Insurance Company Trading Company (Including SME) e-Trade Platform (KTNET) e-Trade Single Window Global Networking Certified Certificate Authority Customs Service National Logistics Single Window Standardization Agency Document Standard

  30. Seamless Paperless Trade Seamless Paperless Trade Legal Documents  Bill of Lading Administrative(B2G) Documents • Certification of Origin • Export License • Acceptance of e-Doc’s by Customs • Other administrative Doc. Private Documents • I/V, P/L, Delivery Schedule, DELJIT, P/O, Payment Notice, Shipping Order, and other private doc.

  31. Requisite for Paperless Trade Embodiment of International paperless Trade Embodiment of Global paperless Trade Local Mission International Mission International Promotion Local Promotion Public-Private Co-Work International Cooperation By PP partnership Related Laws/Systems/Process Enhancement Conventions/Agreements for the Effectiveness of Paperless Trade Standardization & Guidelines Standardization

  32. UNECE UN/CEFACT Thank you! Basecamp@ktnet.com www.ktnet.com

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