Faulty Customs Classification Undermines Korea’s SME Competitiveness and FTA Trust - KoreaTechDesk | Korean Startup and Technology News Korea’s trade governance is facing renewed scrutiny after a Seoul court ruled that the Korea Customs Service (KCS) had unlawfully taxed domestic manufacturers due to faulty wood classification. The ru...

😱 Faulty customs classification just cost Korean SMEs nearly ₩10 billion (US $7.2 M), exposing deep cracks in trade governance.

Can Korea’s startup exporters trust #FTA systems built on outdated bureaucracy?
#TradeGovernance #KoreanStartups #SMEPolicy
koreatechdesk.com/faulty-custo...

🧵#️⃣2️⃣→🎯 What goals for #TradeGovernance for the #EnergyFuture?

To build resilient & sustainable #GlobalValueChains (GVCs) for #renewables. Their 💪 #resilience and 🌱 #sustainability are essential, such as #inclusive, #SharedProsperity & a #JustTransition.

🧵#️⃣1️⃣→🤔 Why is #TradeGovernance so critical for the #EnergyFuture?

Because #resilient and #sustainable #GlobalValueChains in #renewables are at the core of
🌏meeting global #energy needs,
🌞unlocking the benefits of #renewables, &
⏯addressing their #bottlenecks.

Trade Governance for the Energy Future: Five Key Pillars for International Cooperation Building resilient and sustainable global value chains (GVCs) for the goods and services that underpin the energy transition is critical.

.../🧵 By way of introduction, some of my recent publications:
1️⃣ #TradeGovernance for the #EnergyFuture. Outlining 5 pillars for #InternationalCooperation to support 🌏 global access to affordable, reliable, & #sustainable #energy through #trade.
Full Brief here: www.cepweb.org/trade-govern...