 
  WORLD TRADE  
ORGANIZATION  G/SCM/Q2/KOR/23 
20 July 2004 
 (04-3127) 
Committee on Subsidies 
and Countervailing Measures Original:   English 
 
 
 
SUBSIDIES 
 
Questions from the EUROPEAN COMMUNITIES Regarding  
the New and Full Notification of the Republic of KOREA1 
 The following communication, dated 19 July 2004, is being circulated at the request of the 
Delegation of the European Commission.  
_______________ 
  
1. Local Tax reduction for Building and Acquisition of International Line Vessels and 
Deep – Sea Fishing Vessels: 
 Is this subsidy only available for vessels built in Korea or also for imported vessels? 
 
2. Support for Foreign Invested Enterprises: 
 What are the eligibility criteria for this progr amme?  Are there any export requirements linked 
to this programme?  
3. Tariff Reduction on Aircraft Parts: 
 It is stated that the objective of the subsidy is to encourage the import of aircraft parts not 
locally produced and to reduce production costs.  Ca n Korea please explain the eligibility criteria and 
what taxes are reduced at which rate?  
__________ 
 
 
                                                     
 
1 G/SCM/N/95/KOR 