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News -
Economy
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Thursday, 09 July 2009 04:00 |
Korea has proposed creating an online system for Mongolian businesses exporting products to South Korea.
By setting up Korea’s uTradeHub system, Mongolian businesses would be able to complete all required paper work when exporting products to South Korea. This includes administrative processes related to customs, quarantine, country of origin rules and settlement of accounts.
“The 2009-2012 plan is designed to expand domestic use of the e-commerce application while at the same time develop an international network,” a ministry official said.
The uTradeHub system is the world’s first operational online commerce system designed to incorporate all trade-related paperwork.
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Last Updated on Thursday, 09 July 2009 04:00 |
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