Contents
Preamble 1
CHAPTER ONE. INITIAL PROVISIONS AND DEFINITIONS 2
Section A: Initial Provisions 2
ARTICLE 1.1: ESTABLISHMENT OF A FREE TRADE AREA 2
ARTICLE 1.2: RELATION TO OTHER AGREEMENTS 2
ARTICLE 1.3: EXTENT OF OBLIGATIONS 2
Section B: General Definitions 2
ARTICLE 1.4: DEFINITIONS 2
CHAPTER TWO. NATIONAL TREATMENT AND MARKET ACCESS FOR GOODS 6
ARTICLE 2.1: SCOPE AND COVERAGE 6
Section A: National Treatment 6
ARTICLE 2.2: NATIONAL TREATMENT 6
Section B: Elimination of Customs Duties 6
ARTICLE 2.3: ELIMINATION OF CUSTOMS DUTIES 6
Section C: Special Regimes 7
ARTICLE 2.4: WAIVER OF CUSTOMS DUTIES 7
ARTICLE 2.5: TEMPORARY ADMISSION OF GOODS 7
ARTICLE 2.6: GOODS RE-ENTERED AFTER REPAIR OR ALTERATION 9
ARTICLE 2.7: DUTY-FREE ENTRY OF COMMERCIAL SAMPLES OF NEGLIGIBLE VALUE AND PRINTED ADVERTISING MATERIALS 9
Section D: Non-Tariff measures 9
ARTICLE 2.8: IMPORT AND EXPORT RESTRICTIONS 9
ARTICLE 2.9: IMPORT LICENSING 11
ARTICLE 2.10: ADMINISTRATIVE FEES AND FORMALITIES 11
ARTICLE 2.11: EXPORT DUTIES, TAXES OR OTHER CHARGES 12
ARTICLE 2.12: ENGINE DISPLACEMENT TAXES 12
Section E: Other Measures 13
ARTICLE 2.13: DISTINCTIVE PRODUCTS 13
Section F: Institutional Provisions 13
ARTICLE 2.14: COMMITTEE ON TRADE IN GOODS 13
ARTICLE 2.15: DEFINITIONS 14
ANNEX 2-A NATIONAL TREATMENT AND IMPORT AND EXPORT RESTRICTIONS 17
Section A: Measures of Korea 17
Articles 2.2 and 2.8 shall not apply to: 17
Section B: Measures of the United States 17
Annex 2-B: Tariff Elimination 18
Korea General Notes 20
Korea Tariff Schedule 24
Appendix 2-B-1 Korea Tariff Rate Quota 262
US General Notes 283
US Tariff Schedule 284
Appendix 2-B-1 US Tariff Rate Quota 572
CHAPTER THREE. AGRICULTURE 574
ARTICLE 3.1: SCOPE AND COVERAGE 574
ARTICLE 3.2: ADMINISTRATION AND IMPLEMENTATION OF TARIFF RATE QUOTAS 574
ARTICLE 3.3: AGRICULTURAL SAFEGUARD MEASURES 575
ARTICLE 3.4: COMMITTEE ON AGRIGULTURAL TRADE 576
ARTICLE 3.5: DEFINITIONS 576
Annex 3-A: Agricultural Safeguard Measures 577
CHAPTER FOUR. TEXTILES AND APPAREL 597
ARTICLE 4.1: BILATERAL EMERGENCY ACTIONS 597
ARTICLE 4.2: RULES OF ORIGIN AND RELATED MATTERS 598
ARTICLE 4.3: CUSTOMS COOPERATION FOR TEXTILE AND APPAREL GOODS 599
ARTICLE 4.4: COMMITTEE ON TEXTILE AND APPAREL TRADE MATTERS 604
ARTICLE 4.5: DEFINITIONS 604
Annex 4-A: Specific Rules of Origin for Textile and Apparel Goods 605
Annex 4-B: Fibers, Yarns, and Fabrics Not Available in Commercial Quantities 634
Appendix 4-B-1: Fibers, Yarns, and Fabrics Not Available in Commercial Quantities 636
Confirmation letter (Fibers, Yarns, and Fabrics Not Available in Commercial Quantities) 637
CHAPTER FIVE. PHARMACEUTICALS AND MEDICAL DEVICES 638
ARTICLE 5.1: GENERAL PROVISIONS 638
ARTICLE 5.2: ACCESS TO INNOVATION 638
ARTICLE 5.3: TRANSPARENCY 639
ARTICLE 5.4: DISSEMINATION OF INFORMATION 641
ARTICLE 5.5: ETHICAL BUSINESS PRACTICES 641
ARTICLE 5.6: REGULATORY COOPERATION 641
Article 5.7: MEDICINES AND MEDICAL DEVICES COMMITTEE 642
Article 5.8: DEFINITIONS 642
Confirmation letter (Independent Review Process) 644
CHAPTER SIX. RULES OF ORIGIN AND ORIGIN PROCEDURES 646
Section A: Rules of Origin 646
ARTICLE 6.1: ORIGINATING GOODS 646
ARTICLE 6.2: REGIONAL VALUE CONTENT 646
ARTICLE 6.3: VALUE OF MATERIALS 649
ARTICLE 6.4: FURTHER ADJUSTMENTS TO THE VALUE OF MATERIALS 649
ARTICLE 6.5: ACCUMULATION 650
ARTICLE 6.6: DE MINIMIS RULE 650
ARTICLE 6.7: FUNGIBLE GOODS AND MATERIALS 651
ARTICLE 6.8: ACCESSORIES, SPARE PARTS, AND TOOLS 651
ARTICLE 6.9: SETS OF GOODS 651
ARTICLE 6.10: PACKAGING MATERIALS AND CONTAINERS FOR RETAIL SALE 651
ARTICLE 6.11: PACKING MATERIALS AND CONTAINERS FOR SHIPMENT 652
ARTICLE 6.12: INDIRECT MATERIALS USED IN PRODUCTION 652
ARTICLE 6.13: TRANSIT AND TRANSSHIPMENT 652
ARTICLE 6.14: CONSULTATION AND MODIFICATION 652
Section B: Origin Procedures 652
ARTICLE 6.15: CLAIMS FOR PREFERENTIAL TARIFF TREATMENT 653
ARTICLE 6.16: WAIVER OF CERTIFICATION OR OTHER INFORMATION 654
ARTICLE 6.17: RECORD KEEPING REQUIREMENTS 654
ARTICLE 6.18: VERIFICATION 655
ARTICLE 6.19: OBLIGATIONS RELATING TO IMPORTATIONS 656
ARTICLE 6.20: OBLIGATIONS RELATING TO EXPORTATIONS 658
ARTICLE 6.21: COMMON GUIDELINES 658
ARTICLE 6.22: DEFINITIONS 658
Annex 6-A: Specific Rules of Origin 663
Part I - General Interpretative Notes 663
Part II - Specific Rules of Origin 665
Appendix 6-A-1: Correlation Table for Footwear 747
Annex 6-B: Exceptions to Article 6.6 749
CHAPTER SEVEN. CUSTOMS ADMINISTRATION AND TRADE FACILITATION 751
ARTICLE 7.1: PUBLICATION 751
ARTICLE 7.2: RELEASE OF GOODS 751
ARTICLE 7.3: AUTOMATION 751
ARTICLE 7.4: RISK MANAGEMENT 752
ARTICLE 7.5: COOPERATION 752
ARTICLE 7.6: CONFIDENTIALITY 754
ARTICLE 7.7: EXPRESS SHIPMENTS 754
ARTICLE 7.8: REVIEW AND APPEAL 755
ARTICLE 7.9: PENALTIES 755
ARTICLE 7.10: ADVANCE RULINGS 755
CHAPTER EIGHT. SANITARY AND PHYTOSANITARY MEASURES 758
ARTICLE 8.1: SCOPE 758
ARTICLE 8.2: RIGHTS AND OBLIGATIONS OF THE PARTIES 758
ARTICLE 8.3: COMMITTEE ON SANITARY AND PHYTOSANITARY MATTERS 758
ARTICLE 8.4: DISPUTE SETTLEMENT 759
ARTICLE 8.5: DEFINITIONS 759
CHAPTER NINE. TECHNICAL BARRIERS TO TRADE 760
ARTICLE 9.1: AFFIRMATION OF THE TBT AGREEMENT 760
ARTICLE 9.2: SCOPE AND COVERAGE 760
ARTICLE 9.3: INTERNATIONAL STANDARDS 760
ARTICLE 9.4: JOINT COOPERATION 760
ARTICLE 9.5: CONFORMITY ASSESSMENT PROCEDURES 761
ARTICLE 9.6: TRANSPARENCY 762
ARTICLE 9.7: AUTOMOTIVE STANDARDS AND TECHNICAL REGULATIONS 764
ARTICLE 9.8: COMMITTEE ON TECHNICAL BARRIERS TO TRADE 764
ARTICLE 9.9: INFORMATION EXCHANGE 766
ARTICLE 9.10: DEFINITIONS 766
Annex 9-A: Committee on Technical Barriers to Trade 767
Annex 9-B: Automotive Working Group 768
Confirmation letter (Specific Autos Regulatory Issues) 771
CHAPTER TEN. TRADE REMEDIES 775
Section A: Safeguard Measures 775
ARTICLE 10.1: APPLICATION OF A SAFEGUARD MEASURE 775
ARTICLE 10.2: CONDITIONS AND LIMITATIONS 775
ARTICLE 10.3: PROVISIONAL MEASURES 776
ARTICLE 10.4: COMPENSATION 777
ARTICLE 10.5: GLOBAL SAFEGUARD ACTIONS 777
ARTICLE 10.6: DEFINITIONS 778
Section B: Antidumping and Countervailing Duties 778
ARTICLE 10.7: ANTIDUMPING AND COUNTERVAILING DUTIES 778
Section C: Committee on Trade Remedies 780
ARTICLE 10.8: COMMITTEE ON TRADE REMEDIES 780
CHAPTER ELEVEN. INVESTMENT 781
Section A: Investment 781
ARTICLE 11. 1: SCOPE AND COVERAGE 781
ARTICLE 11. 2: RELATION TO OTHER CHAPTERS 781
ARTICLE 11.3: NATIONAL TREATMENT 781
ARTICLE 11.4: MOST-FAVORED-NATION TREATMENT 782
ARTICLE 11.5: MINIMUM STANDARD OF TREATMENT 782
ARTICLE 11.6: EXPROPRIATION AND COMPENSATION 783
ARTICLE 11.7: TRANSFERS 784
ARTICLE 11.8: PERFORMANCE REQUIREMENTS 785
ARTICLE 11.9: SENIOR MANAGEMENT AND BOARDS OF DIRECTORS 787
ARTICLE 11.10: INVESTMENT AND ENVIRONMENT 787
ARTICLE 11.11: DENIAL OF BENEFITS 788
ARTICLE 11.12: NON-CONFORMING MEASURES 788
ARTICLE 11.13: SPECIAL FORMALITIES AND INFORMATION REQUIREMENTS 789
ARTICLE 11.14: SUBROGATION 789
Section B: Investor-State Dispute Settlement 790
ARTICLE 11.15: CONSULTATION AND NEGOTIATION 790
ARTICLE 11.16: SUBMISSION OF A CLAIM TO ARBITRATION 790
ARTICLE 11.17: CONSENT OF EACH PARTY TO ARBITRATION 792
ARTICLE 11.18: CONDITIONS AND LIMITATIONS ON CONSENT OF EACH PARTY 792
ARTICLE 11.19: SELECTION OF ARBITRATORS 793
ARTICLE 11.20: CONDUCT OF THE ARBITRATION 794
ARTICLE 11.21: TRANSPARENCY OF ARBITRAL PROCEEDINGS 796
ARTICLE 11.22: GOVERNING LAW 798
ARTICLE 23: INTERPRETATION OF ANNEXES 798
ARTICLE 11.24: EXPERT REPORTS 798
ARTICLE 11.25: CONSOLIDATION 798
ARTICLE 11.26: AWARDS 800
ARTICLE 11.27: SERVICE OF DOCUMENTS 802
Section C: Definitions 802
ARTICLE 11.28: DEFINITIONS 802
Annex 11-A: Customary International Law 805
Annex 11-B: Expropriation 806
Annex 11-C: Service of Documents on a Party under Section B 808
Annex 11-D: Possibility of a Bilateral Appellate Mechanism 809
Annex 11-E: Submission of a Claim to Arbitration 810
Annex 11-F: Taxation and Expropriation 811
Annex 11-G: Transfers 812
Confirmation letter (Property Rights) 813
CHAPTER TWELVE. CROSS-BORDER TRADE IN SERVICES 814
ARTICLE 12.1: SCOPE AND COVERAGE 814
ARTICLE 12.2: NATIONAL TREATMENT 815
ARTICLE 12.3: MOST-FAVORED-NATION TREATMENT 815
ARTICLE 12.4: MARKET ACCESS 816
ARTICLE 12.5: LOCAL PRESENCE 816
ARTICLE 12.6: NON-CONFORMING MEASURES 816
ARTICLE 12.7: DOMESTIC REGULATION 817
ARTICLE 12.8: TRANSPARENCY IN DEVELOPING AND APPLYING REGULATIONS 818
ARTICLE 12.9: RECOGNITION 818
ARTICLE 12.10: PAYMENTS AND TRANSFERS 819
ARTICLE 12.11: DENIAL OF BENEFITS 819
ARTICLE 12.12: SPECIFIC COMMITMENTS 820
ARTICLE 12.13: DEFINITIONS 820
Annex 12-A: Professional Services 821
Appendix 12-A-1: Sectors for Mutual Recognition and Temporary Licensing 823
Annex 12-B: Express Delivery Services 824
Annex 12-C: Consultations Regarding Non-Conforming Measures Maintained by a Regional Level of Government 825
Confirmation letter (Understandings of both sides) 826
Confirmation letter (Gambling) 828
Confirmation letter (Express Delivery Services - International Delivery) 829
Confirmation letter (Express Delivery Services - Domestic Reform) 830
Confirmation letter (PIT test) 831
CHAPTER THIRTEEN. FINANCIAL SERVICES 832
ARTICLE 13.1: SCOPE AND COVERAGE 832
ARTICLE 13.2: NATIONAL TREATMENT 833
ARTICLE 13.3: MOST-FAVORED-NATION TREATMENT 833
ARTICLE 13.4: MARKET ACCESS FOR FINANCIAL INSTITUTIONS 833
ARTICLE 13.5: CROSS-BORDER TRADE 834
ARTICLE 13.6: NEW FINANCIAL SERVICES 834
ARTICLE 13.7: TREATMENT OF CERTAIN INFORMATION 835
ARTICLE 13.8: SENIOR MANAGEMENT AND BOARDS OF DIRECTORS 835
ARTICLE 13.9: NON-CONFORMING MEASURES 835
ARTICLE 13.10: EXCEPTIONS 836
ARTICLE 13.11: TRANSPARENCY 837
ARTICLE 13.12: SELF-REGULATORY ORGANIZATIONS 838
ARTICLE 13.13: PAYMENT AND CLEARING SYSTEMS 839
ARTICLE 13.14: RECOGNITION 839
ARTICLE 13.15: SPECIFIC COMMITMENTS 839
ARTICLE 13.16: FINANCIAL SERVICES COMMITTEE 839
ARTICLE 13.17: CONSULTATIONS 840
ARTICLE 13.18: DISPUTE SETTLEMENT 840
ARTICLE 13.19: INVESTMENT DISPUTES IN FINANCIAL SERVICES 841
Annex 13-A: Cross-Border Trade 846
Annex 13-B: Specific Commitments 849
Annex 13-C: Financial Services Committee 854
Annex 13-D: Supply of Insurance by the Postal Services to the Public 855
Confirmation letter (Cross-border Trade, New Financial Services etc.) 856
CHAPTER FOURTEEN. TELECOMMUNICATIONS 861
ARTICLE 14.1: SCOPE AND COVERAGE 861
SECTION A : ACCESS TO AND USE OF PUBLIC TELECOMMUNICATIONS NETWORKS AND SERVICES 861
ARTICLE 14.2: ACCESS TO AND USE 861
SECTION B : SUPPLIERS OF PUBLIC TELECOMMUNICATIONS SERVICES 863
ARTICLE 14.3: OBLIGATIONS RELATING TO SUPPLIERS OF PUBLIC TELECOMMUNICATIONS SERVICES2 863
SECTION C : ADDITIONAL OBLIGATIONS RELATING TO MAJOR SUPPLIERS OF PUBLIC TELECOMMUNICATIONS SERVICES 863
ARTICLE 14.4: TREATMENT BY MAJOR SUPPLIERS 864
ARTICLE 14.5: COMPETITIVE SAFEGUARDS 864
ARTICLE 14.6: RESALE 864
ARTICLE 14.7: UNBUNDLING OF NETWORK ELEMENTS 864
ARTICLE 14.8: INTERCONNECTION 864
ARTICLE 14.9: PROVISIONING AND PRICING OF LEASED CIRCUITS SERVICES 866
ARTICLE 14.10: CO-LOCATION 866
ARTICLE 14.11: ACCESS TO POLES, DUCTS, CONDUITS, AND RIGHTS-OF-WAY 866
SECTION D : OTHER MEASURES 867
ARTICLE 14.12: SUBMARINE CABLE SYSTEMS 867
ARTICLE 14.13: CONDITIONS FOR THE SUPPLY OF VALUE-ADDED SERVICES 867
ARTICLE 14.14: INDEPENDENT REGULATORY BODIES 868
ARTICLE 14.15: UNIVERSAL SERVICE 868
ARTICLE 14.16: LICENSING PROCESS 869
ARTICLE 14.17: ALLOCATION AND USE OF SCARCE RESOURCES 869
ARTICLE 14.18: ENFORCEMENT 869
ARTICLE 14.19: RESOLUTION OF TELECOMMUNICATIONS DISPUTES 870
ARTICLE 14.20: TRANSPARENCY 871
ARTICLE 14.21: MEASURES CONCERNING TECHNOLOGIES AND STANDARDS 871
ARTICLE 14.22: FORBEARANCE 873
ARTICLE 14.23: RELATIONSHIP TO OTHER CHAPTERS 873
ARTICLE 14.24: DEFINITIONS 873
Annex 14-A 876
Annex 14-B 877
CHAPTER FIFTEEN. ELECTRONIC COMMERCE 878
ARTICLE 15.1: GENERAL 878
ARTICLE 15.2: ELECTRONIC SUPPLY OF SERVICES 878
ARTICLE 15.3: DIGITAL PRODUCTS 878
ARTICLE 15.4: ELECTRONIC AUTHENTICATION AND ELECTRONIC SIGNATURES 879
ARTICLE 15.5: ONLINE CONSUMER PROTECTION 880
Article 15.6 : PAPERLESS TRADING 880
ARTICLE 15.7: PRINCIPLES ON ACCESS TO AND USE OF THE INTERNET FOR ELECTRONIC COMMERCE 880
ARTICLE 15.8 : CROSS-BORDER INFORMATION FLOWS 881
ARTICLE 15.9: DEFINITIONS 881
Confirmation Letter (Access to And Use of the Internet) 882
CHAPTER SIXTEEN. COMPETITION-RELATED MATTERS 883
ARTICLE 16.1: COMPETITION LAW AND ANTICOMPETITIVE BUSINESS CONDUCT 883
ARTICLE 16.2: DESIGNATED MONOPOLIES 884
ARTICLE 16.3: STATE ENTERPRISES 885
ARTICLE 16.4: DIFFERENCES IN PRICING 885
ARTICLE 16.5: TRANSPARENCY 885
ARTICLE 16.6: CROSS-BORDER CONSUMER PROTECTION 886
ARTICLE 16.7: CONSULTATIONS 886
ARTICLE 16.8: DISPUTE SETTLEMENT 887
ARTICLE 16.9: DEFINITIONS 887
CHAPTER SEVENTEEN. GOVERNMENT PROCUREMENT 889
ARTICLE 17.1: GENERAL PROVISIONS 889
ARTICLE 17.2: SCOPE AND COVERAGE 889
ARTICLE 17.3: INCORPORATION OF GPA PROVISIONS 890
ARTICLE 17.4: GENERAL PRINCIPLES 891
ARTICLE 17.5: CONDITIONS FOR PARTICIPATION 892
ARTICLE 17.6: PUBLICATION OF NOTICES 893
ARTICLE 17.7: TECHNICAL SPECIFICATIONS 893
ARTICLE 17.8: TIME-PERIODS 893
ARTICLE 17.9: MODIFICATIONS AND RECTIFICATIONS TO COVERAGE 895
ARTICLE 17.10: GOVERNMENT PROCUREMENT WORKING GROUP 896
ARTICLE 17.11: DEFINITIONS 896
Annex 17-A: Government Procurement Annex 897
Section A: Central Level Government Entities 897
Section B: Goods 902
Section C: Services 903
Section D: Construction Services 903
Section E: General Notes 903
CHAPTER EIGHTEEN. INTELLECTUAL PROPERTY RIGHTS 904
ARTICLE 18.1: GENERAL PROVISIONS 904
ARTICLE 18.2: TRADEMARKS , INCLUDING GEOGRAPHICAL INDICATIONS 906
ARTICLE 18.3: DOMAIN NAMES ON THE INTERNET 910
ARTICLE 18.4: COPYRIGHT AND RELATED RIGHTS 910
ARTICLE 18.5: COPYRIGHT 916
ARTICLE 18.6: RELATED RIGHTS 916
ARTICLE 18.7: PROTECTION OF ENCRYPTED PROGRAM-CARRYING SATELLITE AND CABLE SIGNALS 917
ARTICLE 18.8: PATENTS 918
ARTICLE 18.9: MEASURES RELATED TO CERTAIN REGULATED PRODUCTS 920
ARTICLE 18.10: ENFORCEMENT OF INTELLECTUAL PROPERTY RIGHTS 923
ARTICLE 18.11: Transitional Provisions 934
Confirmation letter (Internet Service Provider) 935
Confirmation letter (Promoting Protection and Effective Enforcement of Copyrighted works on University Campuses) 937
Confirmation letter (Online Piracy Prevention) 938
CHAPTER NINETEEN. LABOR 939
ARTICLE 19.1: STATEMENT OF SHARED COMMITMENT 939
ARTICLE 19.2: APPLICATION AND ENFORCEMENT OF LABOR LAWS 939
ARTICLE 19.3: PROCEDURAL GUARANTEES AND PUBLIC AWARENESS 940
ARTICLE 19.4: INSTITUTIONAL ARRANGEMENTS 941
ARTICLE 19.5: LABOR COOPERATION 941
ARTICLE 19.6: LABOR CONSULTATIONS 942
ARTICLE 19.7: DEFINITIONS 942
Annex 19-A: Labor Cooperation Mechanism 944
Confirmation letter (Public Communication) 947
CHAPTER TWENTY. ENVIRONMENT 948
ARTICLE 20.1: LEVELS OF PROTECTION 948
ARTICLE 20.2: APPLICATION AND ENFORCEMENT OF ENVIRONMENTAL LAWS 948
ARTICLE 20.3: PROCEDURAL MATTERS 948
ARTICLE 20.4: MECHANISMS TO ENHANCE ENVIRONMENTAL PERFORMANCE 949
ARTICLE 20.5: INSTITUTIONAL ARRANGEMENTS 950
ARTICLE 20.6: OPPORTUNITIES FOR PUBLIC PARTICIPATION 951
ARTICLE 20.7: ENVIRONMENTAL COOPERATION 951
ARTICLE 20.8: ENVIRONMENTAL CONSULTATIONS 952
ARTICLE 20.9: RELATIONSHIP TO MULTILATERAL ENVIRONMENTAL AGREEMENTS 953
ARTICLE 20.10: DEFINITIONS 953
Confirmation letter (Public Participation) 955
Confirmation letter (Equivalence in Environmental Laws) 956
CHAPTER TWENTY-ONE. TRANSPARENCY 957
ARTICLE 21.1: PUBLICATION 957
ARTICLE 21.2: PROVISION OF INFORMATION 958
ARTICLE 21.3: ADMINISTRATIVE PROCEEDINGS 958
ARTICLE 21.4: REVIEW AND APPEAL 958
ARTICLE 21.5: POLICY ON PRIVATE PURCHASES 959
ARTICLE 21.6: ANTI-CORRUPTION 959
ARTICLE 21.7: DEFINITIONS 960
Confirmation letter (Publication) 961
CHAPTER TWENTY-TWO. INSTITUTIONAL PROVISIONS AND DISPUTE SETTLEMENT 962
Section A: Institutional Provisions and Administration 962
ARTICLE 22.1: CONTACT POINTS 962
ARTICLE 22.2: JOINT COMMITTEE 962
Section B: Dispute Settlement Proceedings 963
ARTICLE 22.3: COOPERATION 963
ARTICLE 22.4: SCOPE OF APPLICATION 963
ARTICLE 22.5: ADMINISTRATION OF DISPUTE SETTLEMENT PROCEEDINGS 964
ARTICLE 22.6: CHOICE OF FORUM 964
ARTICLE 22.7: CONSULTATIONS 964
ARTICLE 22.8: REFERRAL TO THE JOINT COMMITTEE 965
ARTICLE 22.9: ESTABLISHMENT OF PANEL 965
ARTICLE 22.10: RULES OF PROCEDURE 967
ARTICLE 22.11: PANEL REPORT 968
ARTICLE 22.12: IMPLEMENTATION OF THE FINAL REPORT 969
ARTICLE 22.13: NON-IMPLEMENTATION 969
ARTICLE 22.14: NON-IMPLEMENTATION IN CERTAIN DISPUTES 970
ARTICLE 22.15: COMPLIANCE REVIEW 972
ARTICLE 22.16: FIVE-YEAR REVIEW 972
Section C: Domestic Proceedings and Private Commercial Dispute Settlement 972
ARTICLE 22.17: PRIVATE RIGHTS 972
ARTICLE 22.18: ALTERNATIVE DISPUTE RESOLUTION 972
Annex 22-A: Inflation Adjustment Formula for Monetary Assessment 974
Annex 22-B: Alternative Procedures for Disputes Concerning Automotive Products 975
Annex 22-C: Committee on Outward Processing Zones on the Korean Peninsula 977
Annex 22-D: Joint Fisheries Committee 978
CHAPTER TWENTY-THREE. EXCEPTIONS 979
ARTICLE 23.1: GENERAL EXCEPTIONS 979
ARTICLE 23.2: ESSENTIAL SECURITY 979
ARTICLE 23.3: TAXATION 979
ARTICLE 23.4: DISCLOSURE OF INFORMATION 981
CHAPTER TWENTY-FOUR. FINAL PROVISIONS 983
ARTICLE 24.1: ANNEXES 983
ARTICLE 24.2: AMENDMENTS 983
ARTICLE 24.3: AMENDMENT OF THE WTO AGREEMENT 983
ARTICLE 24.4: ACCESSION 983
ARTICLE 24.5: ENTRY INTO FORCE AND TERMINATION 983
ARTICLE 24.6: AUTHENTIC TEXT 984
ANNEX I 985
Explanatory Notes to the Schedule of Korea 985
Schedule of Korea 987
Explanatory Notes to the Schedule of the United States 1040
SCHEDULE OF THE UNITED STATES 1042
I-A: Illustrative list of U.S. regional non-conforming measures 1054
ANNEX II 1058
Explanatory Notes 1058
Schedule of Korea 1060
Appendix II-A 1111
SCHEDULE OF THE UNITED STATES 1113
Appendix II-A 1122
ANNEX III 1125
SCHEDULE OF KOREA 1125
Appendix III-1 1128
SCHEDULE OF KOREA WITH RESPECT TO FINANCIAL SERVICES 1130
Schedule of Korea with respect to Financial Services 1131
Section A Present Non-conforming Measures 1131
Section B Future Non-conforming Measures 1146
SCHEDULE OF THE UNITED STATES 1149
SCHEDULE OF THE UNITED STATES WITH RESPECT TO FINANCIAL SERVICES 1151
Schedule of the United States with Respect to Financial Services 1153
Section A 1153
Section B 1170