The first meeting of the project “Supporting the export of SMEs with the help of customs clearance procedures for temporary processing of goods at home and abroad” was held.

In the mentioned program, the project is jointly implemented by the Association of Trusted Enterprises of Korea, the Dream Customs Service of Korea, the China branch of the United Nations Development Program, the Secretariat of the Greater Tumen Initiative, and the Mongolian Customs.

At the meeting, the customs authorities of the member countries exchanged their experience of implementing the “Procedure for Processing Goods Internally and Abroad” and discussed the possibility of expanding and developing future cooperation. Also, representatives of the Trusted Enterprises Association of Korea and the Customs General Administration discussed the implementation of the “Agreement on mutual recognition of Trusted Entity” concluded between the customs authorities of the two countries. Opinions were exchanged on the further work to be carried out in promoting economic competitiveness by improving the effectiveness of the program.

For more information, the United Nations Development Program first established the Greater Tumen Initiative in 1991 to promote the integration and sustainable economic development of Northeast Asia and the Tumen River basin region, especially in the fields of agriculture, energy, environment, tourism, trade, investment, and transportation. The Greater Tumen Initiative for Intergovernmental Cooperation currently has four member countries: China, the Republic of Korea, Mongolia, and the Russian Federation.