The Ministry of SMEs and Startups (MSS) moved to support domestic cosmetics companies so they can respond proactively to environmental regulations implemented by the European Union (EU).
The Ministry of SMEs and Startups (MSS) said on the 3rd it will hold an "EU environmental regulations response seminar" at Lotte Hotel World in Seoul.
The seminar, prepared as a follow-up to "measures to enhance and spread K-beauty export performance," is intended to provide exporting small and midsize companies with information on the EU's environmental regulations, including the PPWR (Packaging and Packaging Waste Regulation).
The PPWR, an EU environmental regulation that will be fully enforced starting in Aug. next year, regulates the entire life cycle from production to recycling and reuse for all product packaging sold or imported in the EU, including limits on excessive packaging and reuse obligations. The impact is expected to be significant on consumer goods like cosmetics that have a lot of individual packaging. Exporters need to secure information on the rules and respond with materials and supplies selection, packaging design, and process improvements.
At the seminar, the Ministry of SMEs and Startups (MSS) plans to provide information enabling small and midsize companies to respond proactively to the EU's environmental regulations, focusing on ▲ response strategies and item- and sector-specific case studies for the PPWR (Packaging and Packaging Waste Regulation) ▲ response strategies for the EU CBAM (Carbon Border Adjustment Mechanism). During the seminar, one-on-one consultations with experts for each regulation will be offered in parallel to enhance the training effect.
Lee Sun-bae, director-general for global growth policy, said, "The EU's environmental regulations such as the PPWR are being steadily strengthened, but many exporting small and midsize companies are not aware of them," and added, "To ensure corporations can respond proactively to the regulations so there are no problems with exports to Europe, the Ministry of SMEs and Startups (MSS) will also strengthen information provision and support."
Lectures given at the EU environmental regulations response seminar can later be checked at any time on the Ministry of SMEs and Startups (MSS) Export Support Center website and the Support Center for Overseas Certification Acquisition.