The Free Trade Agreement covers all important areas of trade relations, including trade in goods, trade in services, government procurement, competition and intellectual property. A Joint Committee shall be set up to monitor the Agreement and a chapter shall provide for dispute settlement procedures. In addition, the EFTA States and Korea have concluded bilateral agreements on basic agricultural products. An investment agreement has been concluded between Korea, of the one part, and Iceland, Liechtenstein and Switzerland, of the other part. A public electronic database containing registrations and registrations is at your disposal to verify trademarks. The database also contains rights to registered and unregistered designs. In addition, the trade agreement requires that subsidies be transparent. If the EU or South Korea use subsidies, they must report annually the total quantity, nature and supply of subsidies. Korea has free trade agreements with ASEAN, Australia, Canada, Central America (in part), Chile, China, Colombia, India, New Zealand, Peru, Singapore, the European Union and the European Free Trade Association (Norway, Switzerland, Iceland and Liechtenstein), the United States, Turkey and Vietnam. The full list of Korean free trade agreements is available on the website of the Korean Ministry of Foreign Affairs (www.fta.go.kr/main/situation/kfta/ov/). For more information on the EU-Korea Free Trade Agreement, please visit the European Union`s website in ec.europa.eu/trade/creating-opportunities/bilateral-relations/countries/korea/. Trade in processed agricultural products is listed in Annex IV to the Main Agreement. In addition, trade in agricultural commodities is covered by three bilateral agreements on agricultural commodities negotiated between the EFTA State and Korea.

These agreements are part of the instruments for the creation of the free trade area. They provide for concessions on both sides. The EU-South Korea Free Trade Agreement had been provisionally in force since July 2011, before its formal ratification in December 2015. The Republic of Korea and the United States have implemented the United States and Korea. Free Trade Agreement of March 15, 2012 (amended september 2018). The agreement is the largest free trade agreement (NAFTA) negotiated by the United States since NAFTA. For more information on the KORUS Free Trade Agreement, see www.ustr.gov/trade-agreements/free-trade-agreements/korus-fta. As in the GATS, the positive schedules of the specific commitments of each of the parties are an integral part of the agreement. . . .

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