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ECON | 2016 Final Report "Trilateral Cooperation for Improvement of Supply Chain Connectivity"

 


This Final Report is the follow-up outcome of the 6th Trilateral Summit and the 10th Trilateral Economic and Trade Ministers Meeting in 2015. As agreed to launch the Joint Project by the leaders and economic ministers, the project "Trilateral Cooperation for Improvement of Supply Chain Connectivity (SCC) was researched by the Chinese Academy of International Trade and Economic Cooperation (CAITEC) Cooperation (CAITEC), Japan External Trade Organization (JETRO), Korea Trade-Investment Promotion Agency (KOTRA), and Korea Institute for International Economic Policy (KIEP). The survey and research were conducted by the research institutes, and TCS compiled this Final Report from the outcome of the surveys conducted by the research institutes as well as four series of Working Group (WG) meetings organized by TCS with participation of the research institutes and relevant governments.

This Final Report was reviewed by the Ministry of Commerce of the People’s Republic of China (MOFCOM), the Ministry of Economy, Trade and Industry of Japan (METI) and the Ministry of Trade, Industry and Energy of the Republic of Korea (MOTIE) on the occasion of the 11th Trilateral Economic and Trade Ministers Meeting in 2016. 

This Final Report reviews the current status of SCC and best practices in the three countries, highlights the survey results of the research institutes, and determines future directions for improvement. Thus, the Final Report will provide the three governments with cases to be improved as well as a vision for possible cooperation for improving the supply chain performance by collecting opinions from supply chain users. 

* Six Action Plans (Future Direction)
1. Elimination/Mitigation of Non-Tariff Barrier 
2. Enhancement of information sharing 
3. Establishment of trilateral mutually recognized AEO for smoother logistics 
4. Transparent and simplified custom administration 
5. Standardization and unification of customs formalities 
6. Simplification of customs procedure

 

* Recommendation
Establishment of “Trilateral Dialogue Channel between Business and Academia” to implement the above 6 directions

 

 

Download : 2016 Final Report "Trilateral Cooperation for Improvement of Supply Chain Connectivity"