The 5th Masterclass on “Facilitating Cross-border Paperless Trade using emerging technologies” held in Seoul from 19.09-28.09.2022 provided an opportunity to participants from Cross-Border regulatory agencies such as Customs Administrations, Min. of Trade and Commerce, National Information and Communication Agencies of 22 countries (Armenia, Bangladesh, Bhutan, Cambodia, Fiji, India, Iran, Lao, Malaysia, Maldives, Mongolia, Myanmar, Nepal, Pakistan, PH, PNG, Samoa, Sri Lanka, Timor Leste, Thailand, Turkmenistan, and Viet Nam) to build in-depth knowledge and skills to implement cross-border paperless trade facilitation measures, by applying emerging/disruptive technologies to streamline and re-engineer business processes for cross-border trade transactions. The Masterclass included in-class case studies and exercises, and presentations of implemented practices by the Korean Customs Service during field visits. In addition, KCS shared their experience in applying new technologies such as Blockchain, Cloud Computing, AI application for compliance, risk management, data mining, among other emerging technologies.
Insights of the 5th Masterclass:
I. The application of Emerging/Disruptive Technologies can dramatically enhance trade facilitation nationally and across borders.
II. Nevertheless, the application of emerging/disruptive technologies is not a silver bullet for challenges in the international supply chain; other vital factors, such as legal frameworks ( e.g., Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific -https://www.unescap.org/kp/cpta), skillful and knowledgeable personnel on process analyzes and quality assurance for data are a must.
The 5th Masterclass organizers and participants would like as well to thank all the resource person contributions which made it a successful event, namely: Mr. Yann Duval, Chief, Trade Policy and Facilitation Section, UNESCAP, Ms. Min Hee, Director from Korea Customs Service, Mr. Christian Lembke, leading officer, WCO, Mr. Armen Manukyan, leading consultant, UNESCAP, Mr. Sangwon LIM, UNNExT Special Advisor, UN Mongolia Office, Chang-Yeop LEE, WCO expert, Korea Customs Service, Ms. Kyeyoung KIM, WCO expert, Korea Customs Service, Ms. Min Hee, Director from Korea Customs Service, Ms. Raghad Al-Talli, Trade Facilitation Advisor from ITC, Mr. Kay Ren Yuh as a speaker from IMDA, Mr. Joel Choi from WCO, Mr. Shantanu Godbole as a representation from IBM, Mr. Tahseen Khan, Ms. Kim Eun-Kyung, head of RTC Korea, Mr. Mohamed Ziyad WCO expert, Mr. Oguz Onal, as a Risk Management Expert/International Consultant, Mr. Koutaro Hayashi from Trade Waltz, Dan Weinberger, CEO, as a representative from Morpheus Network.
As a result of the 5th Masterclass, 34 participants received course completion certificates, among which 22 were double certified for successfully completing UNESCAP BPA online modules.