Managing Partner Donggun Shin, Licensed Customs Broker, won an Excellence Award in the Korea Customs Service "Public Contest for Finding Translation Errors in the World Trade Organization (WTO) Customs Valuation Agreement and the HS Explanatory Notes." The Customs Valuation Agreement and the Explanatory Notes are the standards applied to customs valuation and tariff classification of imported goods, and the contest was held to correct translation errors in the Korean version.
The contest received 1,457 proposals, and the Korea Customs Service selected 26 in total, 1 grand prize, 2 excellence awards, and 10 encouragement awards in each of the customs valuation and tariff classification fields.
Source: Report on the selection of winning entries in the Korea Customs Service contest (Seoul Shinmun)