Pan Asian e-Commerce Alliance

Korea Trade Network

KTNET was founded in Dec. 1991, in order to help trading companies increase their international competitiveness by the Trade and Logistics automation system to reduce cost and time trading businesses in Korea. Its paid-in capital is $56 million, as of Nov 1998.

In 1997, after several years of development, KTNET completed The Trade Automation Service. This service processes all trade-related business, from foreign exchange, to customs clearance and logistics through EDI (Electronic Data Interchange). All related government agencies and trade companies including the Customs Service, customs brokers, financial institutions, agencies, shippers and insurance companies are now connected to the Trade Automation System, which saves up about $3 billion per year nationwide.

By taking advantage of our accumulated know-how and technology, we are able to provide a variety of information & communication services such as, EDI service for distribution, Internet, customs clearance information, trade inquiry, EDI/EC service and education. Visit www.ktnet.com for more information.