Trade Barriers for South Korea

A Hot Tip about Trade Policy and Regulations in South Korea

Posted on: 5 Jan 2010

Korea continues a process of economic liberalization and deregulation, but the Korean government (ROKG) has yet to adopt a fully laissez-faire policy where the economy and trade are concerned. The U.S. Embassy, in cooperation with the American Chamber of Commerce (AmCham) in Korea, works actively to lift or loosen the many regulatory trade restrictions that currently exist.

 

Overcoming regulatory barriers to trade is also a major focus of the negotiated KORUSFTA. Transparency, due process, public comment and appeals procedures, and timely and written administrative procedures are among the topics that were addressed and agreed to and affect a number of the sector-specific elements to the agreement.

 

 

 

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Posted: 05 January 2010

See more from Trade Policy and Regulations in South Korea

Expert Views    
Market Overview   By Hong Kong Trade Development Council (HKTDC)
Hot Tips    
Import Tariffs in South Korea   By U.S. Commercial Service South Korea
South Korea: Customs Temporary Entry   By U.S. Commercial Service South Korea
Trade Barriers for South Korea   By U.S. Commercial Service South Korea
Customs Regulations in South Korea   By U.S. Commercial Service South Korea