E-Land World Earns Highest ‘AAA’ Rating in Korea Customs Service AEO Program

First in the Fashion Industry to Achieve Top AAA Grade

"Expedited Customs Clearance Benefits in 25 Countries Including China and the United States"

E-Land World announced on July 16 that it has become the first company in the fashion industry to receive the highest ‘AAA’ grade from the Korea Customs Service’s Authorized Economic Operator (AEO) program.

This promotion to AAA was finalized at the AEO Certification Review Committee held on June 10, following compliance with legal regulations and an operational safety management evaluation conducted by the Busan Regional Customs Office and the Korea Customs Valuation and Classification Institute since October last year. E-Land World was awarded the AAA certification at the ceremony held on July 15 in the main conference hall of the Busan Regional Customs Office. The company was promoted from the previous ‘AA’ grade to ‘AAA,’ marking the first time this has occurred in the fashion industry.

Certification Award Ceremony for Excellent Export and Import Safety Management Companies. From the left, Younghan Yoo, Director of Busan Regional Customs Office, Gwanju Ko, Executive Director of E-Land World. E-Land World

The AEO AAA is the highest grade awarded to companies that receive top evaluations in major criteria such as compliance assessments at key customs offices nationwide, customs audit results, and safety management capacity assessments from the Korea Customs Valuation and Classification Institute. Due to the rigorous review standards, only about one or two companies achieve this grade annually. Currently, there are only 19 companies holding the AAA grade (for imports), including affiliates of major conglomerates such as Samsung, LG, and SK.

With this achievement, E-Land World will receive the highest level of preferential treatment in customs clearance, inspections, and investigations at customs offices nationwide once registration in the Korea Customs Service’s internal IT system is complete. Furthermore, the company is expected to strengthen its global supply chain competitiveness, as it will receive expedited customs clearance benefits in 25 countries, including China, the United States, Vietnam, and India, where the Korea Customs Service has signed Mutual Recognition Agreements (MRA).

E-Land World is also strengthening its supply chain management capabilities based on its AEO operating system. When a fire broke out at its Cheonan logistics center last year, the company minimized supply disruptions and demonstrated stable supply chain management by using its internally developed AEO-based supply chain management system for alternative production at overseas partner factories and expedited customs clearance.

A representative from E-Land World commented, “This AAA grade is the result of ten years of continuously advancing our compliance and supply chain safety management systems. Going forward, we plan to expand the operational know-how accumulated during the process of obtaining this top grade to our affiliated companies and overseas subsidiaries, further strengthening our global supply chain competitiveness.”

This content was produced with the assistance of AI translation services.