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Introduction

The trade portal provides an integrated workspace allowing companies to rapidly and seamlessly process all trade-related tasks, ranging from marketing to checking conditions, foreign exchange, customs clearance, logistics and payment.

The portal contributes to the promotion of trade by streamlining the trade-related procedures through an integrated e-Trade workspace for trading businesses and thereby enhancing the overall process efficiency.

  • The trade portal provides a user-oriented workspace rather than focusing on paper documents or remaining on disconnected services.
  • The work process menu of the portal enables the user to track down developments of each case and to check results of requested tasks and relevant documents in real time.

The e-Trade portal lays the groundwork for paperless trading by providing e-B/L and e-Negotiation services.

  • The portal made it possible to submit and receive documents such as shipping request, bill of lading (“B/L”), certificate of origin (“C/O”), cargo insurance, and bill of exchange without having to visit relevant authorities or government institutions. Users need not visit banks or export/import related organizations to handle complicated trade-related services. Now, tasks that were complicated can be dealt with, anytime and anywhere.

Preventing duplicate e-document submission and simplifying distribution saves users costs and man-power.

  • The e-Trade process will be improved by revamping the e-document distribution systems.
  • Identifying the authenticity of e-documents and securing access of these documents to third parties will prevent overlapping submission of the same document and multiple submissions of original paper documents.