April 27th 2012

Seoul Korea, 27 April 2012 – The 40th Pan Asian e-Commerce Alliance (“PAA”) Steering Committee meeting, hosted by KTNET was held here from 26th to 27th April 2012.

PAA Chairman, Dr. Michael Choi said that “over the years, with all the hard works and contributions from all the members, PAA has established one of the most comprehensive and robust electronic infrastructure and legal framework to facilitate cross border trade. These achievements have gained recognition worldwide.”

He also stated that: “PAA is now ready for its next stage of development. During this 40th PAA meeting, members have identified a number of exciting initiatives to further foster the growth of PAA. These include closer collaboration with ASEAN in the areas of inter-connectivity with ASEAN Single Window as well as electronic Certificate of Origin and eSelf Certification. We are all looking forward to witness these initiatives turning into reality.”

Dr. Jin-Hyun HAN, the Guest of Honour, Deputy Minister for Trade & Investment Policy from Ministry of Knowledge Economy, Republic of Korea, shared with the audience the importance of global trade for economic growth. This was particularly the case with reference to the growth in trade among the PAA economies in recent recovery of the world economy.

“For stable and sustainable growth of world economy, active promotion of international trade is absolutely necessary, and I believe that the promotion of paperless trade is one of the most important key components of trade facilitation.” Dr. Han said.

Dr. Han further stated that “to promote the paperless trade in trade business, national infrastructure alone is not enough. Development of the cross-border Pan Asian paperless network will help promote knowledge exchange among the nations, enabling trade improvement of the entire Asian region.”

“Korean Government has recognized the importance of paperless trade long ago and established various policies conducting a number of projects to promote paperless trade. Promotion of paperless trade in close cooperation with PAA is also a core subject of the Korean Government and we are ready to cooperate with Governments of PAA region for the promotion of regional paperless trade infrastructure.” according to Dr. Han.

In his welcome speech, Dr. Soo Young YUN, CEO of KTNET greeted the participants for visiting Korea. He also expressed his gratitude towards the achievements PAA had made over the years and all the efforts PAA members had put in throughout this meeting.

The 41st PAA Steering Committee Meeting will be held in Yogyakarta, Indonesia on 6th to 7th September 2012.

About Pan Asian e-Commerce Alliance
The Pan Asian e-Commerce Alliance (PAA) aims to promote and provide secure, trusted, reliable and value-adding IT infrastructure and facilities to enhance seamless trade globally.

PAA was founded in 2000, Current PAA Members comprise CAT of Thailand, CIECC of China, CrimsonLogic of Singapore, Dagang Net of Malaysia, InterCommerce of the Philippines, KTNET of Korea, NACCS of Japan, TEDMEV of Macao SAR, Tradelink of Hong Kong SAR, Trade-Van of Chinese Taipei, PT EDI of Indonesia and JASTPRO of Japan. Combined customer base of the PAA members now exceeds 200,000 organizations, representing almost all active trading enterprises in the Asian market. For more information about PAA, visit

For more information, please contact:

PAA SecretariatAttention: Betty Dong

Direct: (852) 2161 4374

Fax: (852) 2506 0188