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Free Trade Agreements Korea

A public electronic database of applications and registrations is available to verify trademarks. The database also contains information on rights to registered and unregistered designs. The EU-South Korea trade agreement offers you better opportunities to apply for South Korean government contracts. The trade agreement describes enforcement measures in the event of intellectual property infringement, such as the EU-South Korea trade agreement, which reduces the differences between the requirements for European and South Korean products by adopting the same international standards. The free trade agreement, which also addresses non-tariff barriers, particularly in the automotive, pharmacy, medical device and electronics sectors, is one of the international standards bodies involved in the sector. The Republic of Korea is a member of the World Trade Organization (WTO) and has signed subsidiary agreements, including trade Related Aspects of Intellectual Property and the Government Procurement Agreement. Korea has been a member of the Organisation for Economic Co-operation and Development (OECD) since December 1996. Trade in processed agricultural products falls under Schedule IV of the main agreement. In addition, trade in agricultural commodities is covered by three bilateral agreements on basic agricultural products negotiated between the state of EFTA concerned and Korea. These agreements are part of the instruments for creating the free trade area. They are providing concessions on both sides. It went beyond all previous EU agreements to remove trade barriers and was also the EU`s first trade agreement with an Asian country.

The agreement establishes a customs committee to examine and resolve any differences in customs and trade facilitation, including rules of origin, in the protocol on the definition of « origin products » and the method of administrative cooperation of the FREE trade agreement ENTRE the EU and South Korea (OJ L 347 of 31.12.2006, p. 1). L127, 14.5.2011, p. 1,344). Under the EU-South Korea free trade agreement, all rules on medicines and medical devices must be published at an early stage so that companies have sufficient time to understand them. The TRADE agreement BETWEEN the EU and South Korea contains four sectoral rules for the free trade agreement, covering all major areas of trade relations, including trade in goods, trade in services, public procurement, competition and intellectual property. A joint commission is set up to monitor the agreement and a chapter provides for dispute resolution procedures. In addition, EFTA states and Korea have bilateral agreements on basic agricultural products. An investment agreement has been concluded between Korea on the one hand and Iceland, Liechtenstein and Switzerland on the other.

The agreement establishes a high level of protection of intellectual property rights (Articles 7.1 to 7.3 and Appendix XIII) that covers areas such as patents, trademarks and copyrights and, in some areas, goes beyond what is provided for in the WTO agreement on aspects of intellectual property rights affecting trade (TRIPS) and other international agreements and treaties. It describes the bilateral and multilateral trade agreements to which that country belongs, including with the United States. Includes websites and other resources that allow U.S. companies to get more information about how they can use these agreements. The customs authorities of the exporting country may authorize any exporter exporting goods outside the trade agreement to export declarations of origin for goods, regardless of their value. The exporter must provide the customs authorities with sufficient guarantees to verify the original character of the products and compliance with all other requirements of the agreement (protocol).

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