SMEs No Longer Need to Visit Customs for Export Certificates
One-Time Consent Streamlines All Administrative Procedures
The longstanding inconvenience experienced by small and medium-sized enterprises (SMEs) in having to frequently visit the Korea Customs Service to obtain performance certificates for export support programs will be eliminated.
With the introduction of a MyData platform in Chungnam Province that automatically links import and export data, the focus of export administration is shifting from paperwork to data.
On the 24th, Chungnam Province and the Chungnam Center for Economy and Trade announced that they will implement the comprehensive MyData management platform for import and export companies, called 'TmyDATA,' targeting SMEs in the province engaged in international trade.
The aim is to reduce administrative burdens on companies and manage the effectiveness of export support policies through data.
Until now, administrative procedures surrounding export support programs have been a symbol of inefficiency for both companies and support agencies.
Each time companies applied for a program, they had to obtain and submit export and import performance certificates from the Korea Customs Service and other agencies, while support organizations had to spend considerable time and manpower collecting and verifying these documents.
Contrary to the intention of promoting exports, it has been repeatedly pointed out that a 'wall of paperwork' is the first obstacle companies face in the field.
The newly introduced 'TmyDATA' fundamentally changes this structure.
Developed by the Korea Trade Statistics Promotion Institute, this platform consolidates export and import customs clearance, e-commerce, and freight data from the Korea Customs Service, allowing companies to manage their own data. Once a company consents to data usage on the platform, certified import and export performance data is automatically transmitted to the Center for Economy and Trade.
The repetitive labor of issuing and submitting documents will virtually disappear. For companies, administrative burdens are reduced, while support agencies benefit from automatically linked performance data, enabling them to manage program outcomes with greater accuracy and speed.
The goal is to address field complaints that 'export support is not tangible' by leveraging data.
The Center for Economy and Trade plans to use this data not just as a tool for administrative convenience, but as a resource for advancing policies.
Focusing on its overseas offices currently operating in seven countries, including India, Vietnam, and Germany, the Center will actively incorporate import and export performance data into the selection process for existing export support programs, such as overseas buyer invitation consultations and overseas market development delegations. This approach aims to improve the precision of support and concentrate resources on companies with higher potential for success.
Han Kwonhee, President of the Chungnam Center for Economy and Trade, stated, "The introduction of TmyDATA is a practical administrative innovation that allows export companies to escape from complex paperwork and focus on their core business," adding, "We will continue to strengthen data-driven support systems to enhance the global competitiveness of SMEs in the province."
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