Abstract
Korea has one of the most advanced global FTA network in the world. The overall current average utilization of FTA network is 70%. However, the FTA utilization by SMEs remain low that the utilization gap between large enterprises and SMEs is 24% in the first half of 2018 although the government and related organizations have made various efforts to support SMEs. SMEs are still facing the old issues arose at the genesis of FTA that haven’t not been solved yet. Therefore, this study aims to review a current status of government support program and propose innovative and differentiated one by employing the concept of “reengineering”. As a result of this study, it seems that the most effective method to boost SME’s FTA utilization rate is to support manpower through reengineering plan. The specialized workforce trained under this new proposed program in the relevant institutions such as Korea Institute of Origin Information would be directly located across the SMEs. This program can guarantee a continuous and ongoing direct access to from the issuing the certificate of origin to even the post-verification.
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More From: Journal of Korea Research Association of International Commerce
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