e-Trade Facilitation Center

Korea’s progress report on Korea’s progress report on Paperless TradingPaperless Trading

28 Sep 0528 Sep 05

e-Trade Facilitation CenterCopyright 2005ⓒ

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

I.I. Who We Are Who We Are

Korea e-Trade Facilitation SystemKorea e-Trade Facilitation System

e-Trade Facilitation CenterCopyright 2005ⓒ

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

Chair : Vice Minister of MOCIEAdministrative CommitteeAdministrative Committee

Chair : Prime Minister

National e-Trade CommitteeNational e-Trade CommitteeChair : Dr. Jung Uck, Seo

Private e-Trade CommitteePrivate e-Trade Committee

Korea e-Trade Facilitation CenterKorea e-Trade Facilitation Center

PlatformW/G

FinanceW/G

LogisticsW/G

MarketingW/G

GlobalW/G

LawW/G

e-TP PMe-TP PMe-TDRe-TDR

Law ReformLaw Reform e-L/Ce-L/Ce-Negoe-Nego

RFIDRFIDe-L/Ge-L/Ge-D/Oe-D/O

e-MPe-MPe-Cataloge-CatalogSolutionsSolutions

e-C/Oe-C/Oe-B/Le-B/LAPEC,ASEMAPEC,ASEMBilateral NetworkingBilateral Networking

II.II. Progress of Phase One Progress of Phase One

e-Trade Facilitation CenterCopyright 2005ⓒ

1. To-Be Model of e-Trade Platform

e-Trade Document Repositorye-Trade Document Repository

Messaging HubMessaging Hub

MarketingMarketing ForeignForeignExchangeExchange

G4CG4Ce-Servicee-Service

LogisticsLogisticsCustomsCustoms SettlementSettlement

Single Window

Owner / Trading Co.

KFTCSWIFTNetThe Bank of KoreaBanksForeign Exchange Network

Financial Institution

OverseasBranch

Int’l Financial Settlement

ForeignChamber of Commerce

Global

e-Trade Platform

Global Networking

BilateralConnection

ForeignCustoms

Foreign Buyer

Shipper / AirlinerForwarderCY,Bonded WarehouseKLNETKILCNational BPR/ISP

Logistics

Korea Customs ServiceCustoms Broker

Customs

Union / AssociationKCCIQuarantine StationInsurance Company Private Institution

License &Certificate

e-Market Placee-Biz SiteTrade Information Site

Trade Leads &Overseas Ads

Credit Evaluation Co.Korea Export Insurance Corporation

Credit Evaluation

Data Warehouse

Foreign Supplier

Portal Gateway

e-Trade Facilitation CenterCopyright 2005ⓒ

Forwarder

Bonded WarehouseTransaction

Warehouse

AirlinersShippers

Transport/CY

InspectionQuarantine

Government Services

Single WindowSingle

Window

Paper

Electronic

User

2. The Concept of Single Window

The Basic Concept

Trade Chain

Global Network

e-Trade Facilitation CenterCopyright 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 1The scope of 1stst e-Trade Service Project e-Trade Service Project

e-Trade Facilitation CenterCopyright 2005ⓒ

4. e-L/C Service

• Outline

• About Service

Advising banks advise L/C to exporting companies and store the L/C after registration. Negotiating banks provide service without paper L/C..

• 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 CenterCopyright 2005ⓒ

5. e-Trade Document Repository

• Outline

• About Service

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.

• What is e-TDR?

• Document Research

• Original Document Search

• Original Document Print Out

• e-Certificate Search

e-Trade Facilitation CenterCopyright 2005ⓒ

6. e-L/C Portal Site

e-Trade Facilitation CenterCopyright 2005ⓒ

Pan Korea ExpressWarehouse in Korea

RFID Tag ReadRFID Tag Read

LG Eelctronics /LG Innotek Factory

RFID Tag IssuingRFID Tag Issuing

Portable

Reader

RFID

Middleware

Location Info

Global Visibility Platform(EPC Network for Trade)

Trade Logistics

ONS

Web ServerEPC IS

(Discovery Service)

L.A. Airport Terminal

RFID Tag ReadRFID Tag Read

Pan Korea Express Warehouse in U.S

RFID Tag ReadRFID Tag Read

Buyer

..

EPC NETWORKEPC NETWORK

National Logistics Infra

MFCS CTI

Visibility CheckVisibility Check Easy Processing

Auto Transaction Service Upgrade

Easy Processing Auto Transaction Service Upgrade

Sensing Info

I/V, B/L Mapping Info

B/L Info

B2G Info

Sensing Info

I/V & Sensing Info

Visibility CheckVisibility Check

SCM Upgrade Manufacturing Plan Delivery on Time

SCM Upgrade Manufacturing Plan Delivery on Time

7. Development of Global RFID Logistics

Visibility CheckVisibility Check

Sensing Info

Internet

• Project : RFID on Air Freight for Global e-Logistics • Period : Jun.’05~Dec.’05• Partner :

EPC Network PlatformEPC Network Platform

EPC global EPC global StandardStandard

EPC global EPC global StandardStandard

RFID CodeRFID Code

ISO 18000-6,ISO 18000-6,

EPC UHFEPC UHF

ISO 18000-6,ISO 18000-6,

EPC UHFEPC UHF

e-Trade Facilitation CenterCopyright 2005ⓒ

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’

8. Marketing and proliferation

e-Trade Facilitation CenterCopyright 2005ⓒ

9. APEC IT Exhibition (November, Busan)

e-Trade Facilitation CenterCopyright 2005ⓒ

9. APEC IT Exhibition (November, Busan)

Thank YouThank You