KTNET President & CEO Yun, Soo Young participated in the 35th Steering CommitteeMeeting of the Pan- Asian e-commerce Alliance (PAA) held August 11~14 at China International Electronic Commerce Center in Qingdao, China.

Attended by CEOs and working-level officials of PAA member enterprises from 11 countries, the meeting participants discussed such major topics as establishment of services following the EU's introduction of ICS (Import Control System) and common responses of PAA members for linkage of ICS to the Asian region.

For ICS-related discussions, in particular, European e-commerce firms CONEX of France and TNL of U.K. participated in the meeting and emphasized cooperation with PAA member companies.

In addition, during the meeting, participants shared the status of the B2B edocument exchange project and Korea-Taiwan e-C/O exchange project, discussed the spread of global cargo tracking information-linked services and other issues associated with the paperless trade activities of international organizations, APEC, ASEAN, etc.

With regard to global cargo tracking information linkage, KTNET President Yun visited an EDI center in Qingdao, confirmed the status of service linkage to KTNET and asked the port authority for active cooperation in realizing full KTNET services.

The next (36th) PAA Steering Committee Meeting is scheduled to be held December 2~3 in Japan.
On July 31, Korea International Trade Association (KITA) marked its 64th anniversary and held a commemoration ceremony at the Korea World Trade Center in Samseong-dong, Seoul.

At the ceremony, KITA resolved to take off toward a world-class trade promotion service agency and take the lead in advancing Korea’s US$1 trillion trade era and the nation’s trade G-8 era at the same time.
Unlike previous self-congratulatory events, KITA used the ceremony to communicate with member companies, including presentation of awards to those enterprises that have contributed to the activation of regional trade, encouragement to excellent cooperating companies, on-line questionnaire surveys, etc.

At the occasion of anniversary ceremony, KITA Chairman Sakong Il remarked, “Recovery of the world economy, emergence of new markets, spread of FTAs and a Korea premium through the scheduled G20 Summit are four great opportunities that will favor advancement of our trade.” He added, “If we utilize these opportunities well, we can expect to enter the US$1 trillion trade era.”

The KITA chairman also declared the catch-phrase, “Let’s become a KITA that is thanked, boasted and loved by trading companies.” He emphasized, “Let’s do our best in providing site- and customer-oriented services and spearhead the advance of our nation into a strong global trader (trade G-2).”

To accomplish this lofty goal, meanwhile, KITA plans to strengthen support for trading companies with a focus on site-centric trade services, FTAconclusions and utilization support services, facilitation of service industry exports, overseas marketing services targeting newly emerging markets, roles of the think-tank in Korea trade and the specialized manpower cultivation center, and expansion of on-line/mobile services.