KOSME to Support Export SMEs' International Logistics Costs... Third Round of Participant Recruitment

Recruitment Open Until the 9th of Next Month

The Korea Small & Medium Business Corporation (KOSME) announced on the 30th that it will recruit small and medium enterprises (SMEs) to participate in the Korea Post international logistics support project until the 9th of next month.

This program targets small export companies with export performance of more than USD 10,000 that are currently using or planning to use Korea Post's export logistics services. It provides financial support for the use of international postal services, including Express Mail Service (EMS), EMS Premium, K-Packet, and small parcel shipment.

The Small and Medium Business Corporation is recruiting small and medium-sized enterprises to participate in the Post Office International Logistics Support Project until the 9th of next month. Small and Medium Business Corporation

Selected companies can receive up to a 40% discount compared to the standard Korea Post rate, and receive an additional subsidy of up to 30% of the original standard rate from KOSME before the discount is applied.

The support period runs from the date of selection until the end of December this year. The support limit is originally set at KRW 5 million per company, and if this limit is exhausted, companies can receive up to an additional KRW 5 million, for a total support limit of KRW 10 million per company.

In particular, this project has improved the support procedure by having Korea Post directly provide evidence of international logistics use by participating companies to KOSME. Selected companies are eligible to receive support funds without having to submit separate evidence themselves.

Sukjin Kang, Chairman of KOSME, stated, "The purpose of this support is to enable both new and existing export companies to use Korea Post's international logistics services at a more affordable cost," adding, "We hope this will help alleviate the burden of export logistics and enhance export competitiveness in an uncertain external environment."

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