WORLD TRADE G/SCM/N/1/KOR/2
26March 1997
ORGANIZATION(97-1245)
Original: English Committee onSubsidies andCountervailing Measures
NOTIFICATION OFLAWS AND REGULATIONS UNDER
ARTICLE 32.6OFTHE AGREEMENT
KOREA
Thefollowing communication, dated 10March 1997, hasbeenreceived fromthePermanent
Mission ofKorea.
_______________
With reference toArticle 32.6oftheAgreement onSubsidies andCountervailing Measures,
Ihavethehonour tonotify theCommittee onSubsidies andCountervailing Measures ofthelawsand
regulations oftheRepublic ofKorea regarding countervailing duties, asrevised during 1996. For
theconvenience oftheMembers reviewing them, therevisions havebeenunderlined.G/SCM/N/1/KOR/2
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1. THE CUSTOMS ACT
Article 13(Countervailing Duty)
(1) Incases where itisconfirmed through aninvestigation thattheimportation ofproducts for
which anysubsidies orbounties (hereinafter referred toas"subsidies, etc.") wasgranted directly or
indirectly inaforeign country upontheirmanufacture, production orexportation, causes orthreatens
tocause material injury to,orcauses material retardation oftheestablishment of,adomestic industry
(hereinafter inthisArticle referred toas"material injury, etc.") anditisdeemed necessary toprotect
suchadomestic industry, adutyinanamount notmore thantheamount ofthesubsidies, etc.,
(hereinafter referred toas"countervailing duty") maybeimposed onsuchproducts inaddition tothe
customs duty, asprescribed inArticle 7,bydesignating theproducts andtheexporter orexporting
country ofsuchproducts through theOrdinance ofthePrime Minister.
(2) Incases where itisconfirmed thatthereissufficient evidence (incases where theundertakings,
asreferred toinParagraph 3,arewithdrawn ornotcomplied with, orthematerials requested concerning
thefulfilment oftheundertaking arenotpresented, thebestinformation available shallapply) topresume
thattheimportation oftheproducts withsubsidies, etc.,forwhich aninvestigation wasinitiated to
determine whether ornotthecountervailing duty, asreferred toinParagraph 1,istobeimposed, have
caused material injury, etc.,tothedomestic industry, andwhere itisdeemed necessary forprotecting
thedomestic industry, theMinister ofFinance andEconomy may, evenbefore theinvestigation is
concluded, adopt ameasure toorder theimposition ofaprovisional countervailing dutyortoorder
theprovision ofasecurity, thatisnotgreater thantheamount equivalent tothepresumed amount of
thesubsidies, etc.(hereinafter referred toas"provisional measures" inthisArticle), bydesignating
theexporter orexporting country oftheproducts andtheperiod.
(3) Incaseswhere theinvestigation todetermine whether ornotthecountervailing duty, asreferred
toinParagraph 1,istobeimposed, hasbeeninitiated andapreliminary affirmative determination
ofthefactofgranting thesubsidies, etc.,andinjury toadomestic industry caused bytheimportation
ofproducts withsubsidies, etc.,hasbeenmade, thegovernment ofthecountry exporting theproducts
concerned ortheMinister ofFinance andEconomy mayoffer orsuggest undertakings toadopt any
proper measure toabolish orcurtail thesubsidies, etc.,fortheproducts, ortoeliminate theinjurious
effect ofthesubsidies, etc.,onthedomestic industry, andtheexporter oftheproducts concerned may,
withtheconsent ofthegovernment oftheexporting country, offeranundertaking torevise theprice
sothattheinjurious effect ofthesubsidies, etc.,onthedomestic industry thesubsidies, etc.could
beeliminated.
(4) Iftheundertakings, asreferred toinParagraph (3),areaccepted, theMinister ofFinance and
Economy shallhavetheinvestigation suspended orterminated without taking anyprovisional measures
orimposing thecountervailing duty,and,iftheprovisional measures weretaken, theMinister ofFinance
andEconomy shallwithdraw suchmeasures; provided that,iftheMinister ofFinance andEconomy
deems itnecessary orthegovernment oftheexporting country requests tohavetheinvestigation on
theinjury continued, theinvestigation maybecontinued.
(5) Theprovisions ofArticle 10(5) to(8)shallbeapplied mutatis mutandis tothecases, asreferred
toinParagraphs (1)to(4).
Article 10(Anti-Dumping Duty)
(5) Theimposition oftheanti-dumping dutyunder Paragraph (1)andtheprovisional measures,
asreferred toinParagraph (2),shallbeapplied totheproducts imported aftersuchmeasures areadopted;
provided that, iftheinternational agreement orthePresidential Decree provides otherwise, theanti-
dumping dutymaybeimposed ontheproducts towhich such provisional measures areapplied.G/SCM/N/1/KOR/2
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(6) Incases where therequest fortheimposition ofananti-dumping duty iswithdrawn, the
determination onwhether ornottheanti-dumping duty, asreferred toinParagraph (1),istobeimposed,
ismade ortheundertakings referred toinParagraph (3)isaccepted, theprovisional anti-dumping duty
paidpursuant totheprovisional measures shall berefunded, orthesecurity provided pursuant thereto
shall bereleased; provided that,inthecaseasreferred tointheproviso ofParagraph (5),iftheanti-
dumping dutyishigher thantheprovisional anti-dumping duty, thedifference shall notbecollected,
andiftheanti-dumping dutyislower thantheprovisional anti-dumping duty, thedifference shall be
refunded.
(7) TheMinister ofFinance andEconomy may, ifnecessary, conduct areview ontheimposition
oftheanti-dumping duty, asreferred toinParagraph (1),andontheundertakings, asreferred toin
Paragraph (3),andtakemeasures which arenecessary fortheimposition oftheanti-dumping duty,
modification ofthecontents oftheundertakings, refundment, etc., asaresult ofsuch areview.
(8) Except incases where theexpiry dateisdetermined separately bytheOrdinance ofthePrime
Minister, theimposition oftheanti-dumping duty, asreferred toinParagraph (1),ortheundertakings
accep tedunderParagraph(3),shallloseitseffectafterfiveyearsfromtheimpositionoftheanti-dumping
dutyortheenforcement oftheundertakings, andifitscontents aremodified asaresult ofthereview
ofdumping andindustrial injury, asreferred toinParagraph (7),itshall loseitseffect after fiveyears
from thedateoftheenforcement ofsuchamodification except thecases where theimposition period
isprovided independently bytheOrdinance ofthePrime Minister.
(6) Matters concerning theamount ofsubsidies, etc.,theinvestigation onmaterial injury, etc.,
theundertakings, andtheexpiry timeandimposition method ofcountervailing dutyandprovisional
measures, etc.,asreferred toinParagraphs (1)to(4),shallbeprovided forbythePresidential Decree.
2. THE DECREE OFTHE CUSTOMS ACT (ThePresidential Decree)
Article 4-24(Subsidies, etc.)
(1) Theterm"subsidies, etc."usedinArticle 13(1) oftheActmeans specific benefits conferred
byafinancial contribution fromagovernment oranypublic body, etc.,except forthesubsidies, etc.
prescribed intheOrdinance ofthePrime Minister.
(2) Theterm"specificity" usedinParagraph (1)means thecases where subsidies aregranted to
anenterprise orindustry orgroup ofenterprises orindustries. Theconcrete principles onthe
determination ofspecificity shallbeprescribed bytheOrdinance ofthePrime Minister.
(3) "theamount ofsubsidies, etc."asprescribed inArticle 13(6) oftheActshallbecalculated
onthebasis oftheactual benefits bymeans ofsuchmethods asprescribed bytheOrdinance ofthe
Prime Minister.
Article 4-25(Countervailing Duty)
(1) Theprovisions ofArticles 4-2(1) to(3),4-3to4-5,4-7,4-8,4-10to4-15shallmutatis mutandis
apply totheinvestigation andimposition ofthecountervailing duty, asprescribed inArticle 13ofthe
Act. Inthiscase, theterm"Article 10(1) oftheAct"usedinArticles 4-2(1) and(2),4-4(1), (7)and
(9),and4-8(1) and(5),shallmean "Article 13(1) oftheAct"; theterm"anti-dumping duty" used
inArticles 4-2(1), 4-3(3), 4-4(2), (7),(8)and(9),4-8(1), (5)and(6),4-11(1), 4-12(1) (textandsub-
paragraph 2)and(2),4-14(1) (textandsub-paragraphs 1and2),(2)and(3),and4-15(2) (sub-
paragraph 4)),shallmean "countervailing duty"; theterm"supplier" usedinArticles 4-2(2), 4-3(1)
(sub-paragraph3)and(3),4-8(1),4-10(2),and4-14(8),shallmean"governmentoftheexportingcountry
orexporter"; theterm"exporter" usedinArticle 4-11(1), (3),(6)and(7)shallmean "government
oftheexporting country orexporter"; theterm"products imported ataprice lower thanitsnormalG/SCM/N/1/KOR/2
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value" usedinArticle 4-2(2) shallmean "subsidized products"; theterm"factordumping" usedin
Articles 4-3(1) (text) and(2)(sub-paragraph 2),4-4(1) and(2),and4-12(1) (sub-paragraph 2),shall
mean a"fact ofimportation ofthesubsidized products"; theterm"margin ofdumping" usedin
Articles 4-3(2) (sub-paragraph 3),4-4(4), 4-7(1) (sub-paragraph 3)and(3)(sub-paragraph 1)4-11(7),
and4-14(1) (sub-paragraph 3),shallmean the"amount ofsubsidies etc."; theterm"dumped products"
usedinArticles 4-3(2) (sub-paragraph 3),4-4(4) and4-7(1) (sub-paragraphs 1and2),(2)(text, sub-
paragraphs 1,3and4)and(3)(sub-paragraphs 1and2),shallmean "subsidized products"; theterm
"Article 10(2) oftheAct"usedinArticles 4-4(3) and(9),4-5(2), 4-10(4), and4-13(2), shallmean
"Article 13(2) oftheAct"; theterm"provisional anti-dumping duty" usedinArticles 4-5(3) and4-11(5),
shall mean "provisional countervailing duty"; theterm "dumping" usedinArticles 4-7(2) (sub-
paragraph 2)and(4),4-10(1), and4-11(4), shallmean "importation ofsubsidized products"; theterm
"anti-dumpingmeasures"usedinArticle4-8(5)shallmean"countervailingmeasures";theterm"prompt
measures toprevent thedumping" usedinArticle 4-11(6) and(7),shallmean "prompt measures for
countervailing duties"; theterm"dumped" usedinArticle 4-8(9) shallmean "imported bysubsidies,
etc."; theterm"anti-dumping dutyrate"usedinArticle 4-14(3) shallmean "countervailing dutyrate";
theterm"amount ofprovisional anti-dumping duty" usedinArticles 4-10(4), 4-11(5), and4-13(1)
and(2),shallmean the"amount ofprovisional countervailing duty"; theterm"Article 10(3) ofthe
Act"usedinArticles 4-4(9), 4-11(1) and(3),4-12(1) (sub-paragraph 3),and4-15(1) (sub-paragraph 2)
shallmean "Article 13(3) oftheAct"; theterm"Article 10(4) oftheAct"usedinArticle 4-11(1),
(5)and(7),shallmean "Article 13(4) oftheAct"; theterm"dumping export" usedinArticle 4-11(2)
shallmean "export ofsubsidized products"; theterm"Article 10(5) oftheAct"usedinArticle 4-12(1)
(text) and(2)shallmean "Article 10(5) oftheActwhich isapplied mutatis mutandis under Article 13(5)
oftheAct"; theterm"dumped" usedinArticle 4-12(1) (sub-paragraph 2)shallmean "imported by
subsidies, etc."; theterm"Article 10(6) oftheAct"usedinArticle 4-13(1) shallmean "Article 10(6)
oftheActwhich isapplied mutatis mutandis under Article 13(5) oftheAct"; theterm"amount of
anti-dumping duty" usedinArticles 4-13(1) and(2)and4-14(1) (sub-paragraph 3),shallmean the
"amount ofcountervailing duty"; theterm"Article 10(7) oftheAct"usedinArticles 4-14(1) and
(6)and4-15(1) (sub-paragraph 3),shallmean "Article 10(7) oftheActwhich isapplied mutatis mutandis
under Article 13(5) oftheAct"; theterm"dumping price" usedinArticle 4-14(3) shallmean the"import
priceofsubsidized products"; theterm"anti-dumping measures" usedinArticles 4-14(7) and4-15(1)
(sub-paragraph 3),shallmean "countervailing measures"; andtheterm"Article 10(1) and(2)ofthe
Act"usedinArticle4-15(1)(sub-paragraph1)shallmean"Article13(1)and(2)oftheAct",respectively.
Article 4-2-(Request fortheImposition ofanAnti-Dumping Duty)
(1) Anyinterested party toadomestic industry suffering material injury, etc., asprescribed in
Article 10(1) oftheAct,ortheMinister ofthecompetent Ministry incharge ofsuchanindustry, may
request totheMinister ofFinance andEconomy toimpose ananti-dumping duty, under theconditions
prescribed bytheOrdinance ofthePrime Minister. Such arequest issubstituted bytherequest for
aninvestigation totheTrade Commission which isprescribed inArticle 37oftheForeign Trade Act
(hereinafter referred toas"theTrade Commission") required forimposing suchananti-dumping duty.
(2) Inapplying theprovisions ofArticle 10(1) oftheAct,adomestic industry means thetotal
domestic production industry producing thelikeproduct oftheproduct imported ataprice lower than
itsnormal value (aproduction industry managed byaproducer whohassuch special relations with
suppliers orimporters oftheproduct asprescribed bytheOrdinance ofthePrime Minister anda
production industry managed bysuchaproducer whoisanimporter oftheproduct asprescribed by
theOrdinance ofthePrime Minister maybeexcluded; hereinafter thesame shall beapplied inthis
Paragraph) orthedomestic production industry which accounts foraconsiderable portion ofthetotal
domestic production ofthelikeproduct.
(3) Forthepurpose ofParagraph (1),theterm"aninterested party tothedomestic industry" means
adomestic producer belonging toadomestic industry thatisaffected bymaterial injury, etc., andanG/SCM/N/1/KOR/2
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individual oracorporation oranorganization ofwhich thedomestic producer isamember orwhich
representstheinterestsofsuchadomesticproducerasprescribedbytheOrdinanceofthePrimeMinister.
Article 4-3(Initiation oftheInvestigation onDumping andMaterial Injury, etc)
(1) TheTrade Commission shall, upon receiving therequest foraninvestigation asprescribed in
thelatter partofArticle 4-2(1), determine whether ornotitwillinitiate aninvestigation onthedumping
andmaterial injury, etc., andshall notify theMinister ofFinance andEconomy within amonth of
receiving such arequest theresult ofthedetermination thereof andthefollowing matters:
1. products subject toaninvestigation (incasethere aremany products subject toan
investigation, products selected according totheOrdinance ofthePrime Minister);
2. period subject toaninvestigation; and
3. suppliers subject toaninvestigation (incasewhere there aremany suppliers subject
toinvestigation, suppliers selected according totheOrdinance ofthePrime Minister).
(2) Indetermining whether ornottoinitiate aninvestigation inaccordance withParagraph (1),
theTrade Commission mayreject sucharequest iftherequest foraninvestigation fallsunder anyof
thefollowing sub-paragraphs:
1. incaseaperson whohasfiled thewritten request isineligible torequest imposition
under Article 4-2(1);
2. incasesufficient documentary evidence onadumping andmaterial injury, etc., is
notsubmitted;
3. incasethemargin ofdumping orthequantity ofdumped product isbelow thestandard
setbytheOrdinance ofthePrime Minister, orincasethematerial injury, etc., is
deemed tobeinsignificant;
4. incase theapplication foraninvestigation does notsatisfy thestandard of
representativeness ofthedomestic industry setbytheOrdinance ofthePrime Minister;
and
5. incaseitbecomes unnecessary toinitiate aninvestigation, e.g.ameasure hasbeen
taken prior totheinitiation ofaninvestigation toeliminate anyadverse effect onthe
domestic industry.
(3) When theTrade Commission hasdetermined theinitiation ofaninvestigation referred toin
Paragraph (1),itshall notify theperson requesting aninvestigation, thegovernment ofthesupplying
country andthesuppliers ofsuchaproduct andother interested parties ofthematters concerning the
determination ontheinitiation oftheinvestigation andshall publish them intheofficial gazette within
tendays after thedetermination.
Article 4-4(Investigation onDumping andMaterial Injury, etc.)
(1) TheTrade Commission takes charge oftheinvestigation ondumping andmaterial injury, etc.,
referred toinArticle 10(1). Inthiscase, theTrade Commission may, ifitisdeemed necessary, have
public officials ofrelated administrative agencies orconcerned experts participate intheinvestigation.
(2) TheTrade Commission shall complete apreliminary investigation onwhether ornotthere is
sufficient evidence topresume theexistence ofadumping andamaterial injury, etc.,andshallsubmit
areport ontheresults ofthisinvestigation totheMinister ofFinance andEconomy within three monthsG/SCM/N/1/KOR/2
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aftermatters concerning theimposition oftheanti-dumping dutyandthedetermination ontheinitiation
oftheinvestigation arepublished intheofficial gazette asreferred toinArticle 4-3(3).
(3) TheMinister ofFinance andEconomy shall determine whether ornotitisrequired totake
suchmeasures asprescribed inArticle 10(2) oftheActandshall decide ontheissues concerning the
contents thereof within amonth ofthesubmission ofareport ontheresults ofapreliminary investigation
asreferred toinParagraph (2); however, provided thatitisdeemed necessary, theperiod forsuch
adecision maybeextended foramaximum oftwenty days.
(4) Incasethemargin ofdumping orthequantity ofthedumped product isbelow thestandard
setbytheOrdinance ofthePrime Minister orthematerial injury, etc.,isdeemed insignificant after
apreliminary investigation referred toinParagraph (2),theTrade Commission shallterminate thefinal
investigation referred toinParagraph (5).
(5) Insofar asthere exist nospecial reasons prescribed bytheOrdinance ofthePrime Minister,
theTrade Commission shallinitiate afinalinvestigation onthedayafteritsubmits areport ontheresults
ofthepreliminary investigation referred toinParagraph (2)andshall submit areport oftheresults of
thefinalinvestigation totheMinister ofFinance andEconomy within three months ofthedayonwhich
thefinal investigation wasinitiated.
(6) Ifitisnecessary toextend theinvestigation period inconnection withtheinvestigations referred
toinParagraphs (2)to(5),orifaninterested party requests anextension oftheinvestigation period
withjustifiable reasons, thentheTrade Commission mayextend itforamaximum ofamonth.
(7) Withinamonthofthesubmissionofthereportontheresultsofthefinalinvestigation,asreferred
toinParagraph(5),theMinisterofFinanceandEconomyshalldeterminewhetherornottheanti-dumping
dutyistobeimposed, andshalldetermine theparticulars thereof, andshalltakemeasures thatimpose
theanti-dumping dutyasprescribed inArticle 10(1) oftheAct; however, provided thatitisdeemed
necessary, theperiod maybeextended foramaximum oftwenty days.
(8) TheMinister ofFinance andEconomy shalltakemeasures thatimpose theanti-dumping duty,
asreferred toinParagraph (7),within ayearofthepublication dateoftheofficial gazette mentioned
inArticle 4-3(3); however, provided thatitisdetermined thataspecial reason exists, theperiod, during
which themeasure which imposes theanti-dumping dutyshould beadopted, maybeextended fora
maximum ofsixmonths, notwithstanding theprovisions ofArticles 4-3(1), 4-4(2) (5)to(7).
Article 4-5(Withdrawal oftheApplication fortheImposition oftheAnti-Dumping Duty)
(1) Ifanapplicant foraninvestigation under Article 4-2(1) wishes towithdraw hisapplication,
heshallsubmit theintention inwriting totheTrade Commission. Inthiscase, iftheTrade Commission
receives such awithdrawal before itsubmits areport ontheresults ofthepreliminary investigation
prescribed inArticle 4-4(2), itmaycease contemplating todetermine whether ornottoinitiate an
investigation under Article 4-3(1) orterminate theinvestigation prescribed inArticle 4-4afterconsulting
withtheMinister ofFinance andEconomy andthehead oftheadministrative agency concerned, and
ifitreceives suchawithdrawal after itsubmits areport ontheresults ofthepreliminary investigation
prescribed inArticle 4-4(2), thenitshall notify theMinister ofFinance andEconomy.
(2) Inreceiving thenotification referred toinParagraph (1),theMinister ofFinance andEconomy
maypreventtheinitiationof,orterminate,theinvestigationprescribedinArticle4-4,afteraconsultation
withtheTradeCommissionandtheheadsoftheadministrativeagenciesconcerned,andifanyprovisional
measures aretaken under Article 10(2) oftheAct,themeasures maybewithdrawn.
(3) IftheMinister ofFinance andEconomy withdraws anyprovisional measures referred toin
thelatter partofParagraph (2),heshall refund theprovisional anti-dumping dutypaid, orrelease any
security provided pursuant tosuch aprovisional measure.G/SCM/N/1/KOR/2
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Article 4-7(Determination onMaterial Injury, etc.)
(1) Incases where theTrade Commission investigates anddetermines thematerial injury, etc.,
asprescribed inArticle 4-4,theinvestigation andthedetermination shall bebased onthesubstantial
evidence including thefollowing matters:
1. import quantity ofthedumped product (including whether ornottheimportation of
such aproduct hasincreased significantly inabsolute terms orinrelative terms
compared tothedomestic production orconsumption oftheproduct);
2. price ofthedumped product (including whether ornotsuch aprice hasdecreased
significantly incomparison withthelikeproduct produced domestically);
3. degree ofthedumping margin (including whether ornottheimport price ofadumped
product hasdeclined significantly incomparison withthenormal value established
intheexporting country);
4. output, operating rate,inventories, salequantity, market share, prices (including the
effect oflowering prices orofpreventing price increases), profits, investment yield,
cashflow,employment,wage,growth,capitalsupply,investmentcapacity,andtechnical
development ofthedomestic industry; and
5. actual orpotential impact ofsuch matters asreferred toinsub-paragraphs 1and2
onthedomestic industry.
(2) Incaseofaninvestigation anddetermination ofamaterial injury, etc., under Paragraph (1),
adetermination onthethreat ofmaterial injury shallbemade onthebasis offactsincluding thefollowing
matters inaddition tothematters referred toinsub-paragraphs ofParagraph (1)andtheinjury bythe
dumped product shall beclearly foreseen andimminent:
1. asignificant rateofincrease indumped imports thatindicates alikelihood ofa
substantial increase intheimportation;
2. asubstantial increase intheproduction capacity which mayresult inanincrease in
dumping;
3. whether ornottheprice ofthedumped product islikely todecline ortoprevent the
increase oftheprice ofthelikeproduct andthelikelihood ofanincrease inthedemand
formore imports; and
4. theinventory ofthedumped product andthestatus oftheinventory ofthelikeproduct.
(3) With regard totheinvestigation anddetermination ofthematerial injury, etc., theTrade
Commission mayassess theinjury cumulatively when products imported from more thanonecountry
aresimultaneously subject toinvestigation andwhen:
1. themargin ofdumping andthequantity ofimports satisfy thestandard setbythe
Ordinance ofthePrime Minister; and
2. thedumpedproductsareinaconditiontocompetewitheachotherandthelikedomestic
product.
Article 4-8(Request fortheCooperation ofInterested Parties ontheMaterials)
(1) Ifitisdeemed necessary fortheinvestigation andforthedetermination ofwhether ornotan
anti-dumping dutyistobelevied under Article 10(1) oftheAct,theMinister ofFinance andEconomyG/SCM/N/1/KOR/2
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ortheTrade Commission mayaskforthecooperation, such asapresentation ofrelevant materials,
etc., totherelevant authorities, domestic producers, suppliers, importers, orinterested parties.
(2) Materials presented under Paragraph (1)andArticle 4-2(4), forwhich confidential treatment
isdeemed tobeproper because ofthenature ofthematerial, ormaterial requested bytheapplicant
forinvestigation orbytheinterested parties tobetreated inconfidence forajustifiable reason, shall
notbedisclosed without theexpress consent oftheperson whohaspresented thematerial.
(3) TheMinister ofFinance andEconomy ortheTrade Commission maydemand thattheperson,
whohaspresented confidential material under Paragraph (2),submit anon-confidential summary of
such material. Inthiscase, ifsuchaperson isunable tosubmit such asummary, heshall submit a
document stating thereason thereof.
(4) Inacasewhereapersonwhohaspresentedmaterialrefusestomakethematerialpublicalthough
hisrequest foraconfidential treatment under Paragraph (2)isdeemed unwarranted orwhere herefuses
tosubmit thenon-confidential summary referred toinParagraph (3)without ajustifiable reason, the
Minister ofFinance andEconomy ortheTrade Commission maydisregard such material unless the
accuracy ofthematerial hasbeen sufficiently demonstrated.
(5) Inconducting aninvestigation anddetermining whether ornottheanti-dumping dutyistobe
imposed asprescribed inArticle 10(1) oftheAct,ifitisdifficult toconduct theinvestigation ortoverify
thematerial forthereason thataninterested party willnotpresent related material orrefuses orimpedes
theinvestigation oftheTrade Commission, orforother reasons, theMinister ofFinance andEconomy
ortheTrade Commission maydecide whether ornottotakeanymeasures toprevent thedumping on
thebasis ofthefacts available.
(6) TheMinister ofFinance andEconomy andtheTrade Commission maynotuseanyinformation
andmaterial acquired, andfactsacknowledged from theinterested parties inconnection withtheanti-
dumping proceedings forother purposes.
(7) Inacasewhere aninterested party requests toreadrelated documentary evidence submitted
under Article 4-2(4) andmaterial submitted orinformed under Paragraphs (1)and(9)andArticle 4-11
other thanthose treated confidentially, theMinister ofFinance andEconomy andtheTrade Commission
shall accept sucharequest, unless there isaparticular reason fordenying therequest. Inthiscase,
therequest oftheinterested parties forreading thematerial shallbemade inwriting, stating thereasons
thereof andalistofthematerial requested.
(8) TheMinister ofFinance andEconomy ortheTrade Commission maygivetheinterested parties
anopportunity tostatetheiropinion through apublic hearing, etc.,ortoconsult withinterested parties
ofopposing interests ifitisdeemed necessary orthere isarequest ofanyinterested party.
(9) Ifthecustomscollector,theheadsofbanksdealingwithforeignexchangeservices,otheragencies
concerned, orinterested organizations consider thananimported product hasbeen dumped, heshall
notify theMinister ofFinance andEconomy andtheTrade Commission.
Article 4-10 (Application ofProvisional Measures)
(1) Theprovisional measures prescribed inArticle 4-4(3) maybeapplied toacasewhere there
ispositive judgement fordumping andindustrial injury asaresult ofthepreliminary investigation
prescribed inParagraph (2)ofthesame Article andwhere atleast sixty days have passed since the
initiation ofaninvestigation.
(2) Theapplication period fortheprovisional measures prescribed inArticle 4-4(3) shallnotexceed
fourmonths; However, provided thatasupplier ofsignificant importance inthetrade oftheproduct
requests, such anapplication period maybeextended toamaximum ofsixmonths.G/SCM/N/1/KOR/2
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(3) NotwithstandingtheprovisionofParagraph(2),ifitisdeemed necessary,theMinisterofFinance
andEconomy mayprolong theapplication period oftheprovisional measures inaccordance withthe
international agreement.
(4) Ifanorder toprovide asecurity isissued under Article 10(2) oftheAct,thesecurity provided
shall beequivalent totheprovisional anti-dumping dutyinvalue.
Article 4-11 (Undertakings toRevise thePrice, toCease Exporting, etc.)
(1) Ifanexporter ofaproduct, forwhich aninvestigation hasbeen initiated inorder todetermine
whether ornottheanti-dumping duty istobeimposed, wishes topropose anundertaking under
Article10(3)oftheActorwishestorequestthecontinuationofaninjuryinvestigationunderArticle10(4)
oftheAct,heshallsubmit sucharequest inwriting totheTrade Commission. Inthiscase, theTrade
Commission shall notify theMinister ofFinance andEconomy ofthecontents submitted immediately
thereafter.
(2) Iftheundertaking proposed under Paragraph (1)contains particulars totheeffect thattheprice
istoberevisedimmed iatelyortheexportistodiscontinuewithinsixmonths,thentheMinisterofFinance
andEconomy mayaccept theundertaking; however, provided thatitisdeemed difficult tosecure a
fulfilment oftheundertaking according totheprovision oftheOrdinance ofthePrime Minister, the
Minister ofFinance andEconomy need notaccept such anundertaking.
(3) TheMinister ofFinance andEconomy, ifitisdeemed necessary, maypropose anundertaking
prescribed inArticle 10(3) oftheAct,bydesignating exporters.
(4) TheMinister ofFinance andEconomy maynotaccept anundertaking under Paragraph (2)
orpropose anundertaking under Paragraph (3)before there ispositive judgement ofadumping and
anindustrial injury which hasbeencaused bythedumping asaresult ofthepreliminary investigation.
(5) Intheevent thattheMinister ofFinance andEconomy withdraws anyprovisional measures
under Article 10(4) oftheAct,heshall refund theprovisional anti-dumping dutypaid, orrelease any
security offered; however, provided thatasaresult ofaninvestigation prescribed inArticle 4-4,afinal
determination ofmaterial injury wasmade orthough finaldetermination ofathreat ofmaterial injury
wasmade, intheabsence ofprovisional measures, theeffect ofthedumped imports would have led
toadeterminationofmaterialinjury,theMinisterofFinanceandEconomyneednotrefundtheprovisional
anti-dumping duty paidbysuch provisional measures ormaycollect theamount equivalent tothe
provisional anti-dumping duty.
(6) Iftheexporterfailstofulfiltheundertakingsaccep tedunderArticle10(4)oftheAct,theMinister
ofFinanceandEconomymaypromptlytakeanti-dumpingmeasurespromptlybyusingthebestinformation
available.
(7) Ifitisascertained, through acontinuous investigation under theprovision ofArticle 10(4) of
theAct,thatthere exists nomaterial injury, etc.,orthatthere exists nomargin ofdumping, theMinister
ofFinance andEconomy shall nullify theeffect oftheundertaking; however, provided thatthenon-
existence ofamaterial injury etc.ordumping margin isdeemed tohave been generated bythe
undertaking,theMinisterofFinanceandEconomymayhavetheundertakingcontinuedforanadequately
setperiod, andiftheexporter refuses tofulfil theundertaking, theMinister ofFinance andEconomy
maypromptly takeanti-dumping measures byusing thebestinformation available.G/SCM/N/1/KOR/2
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Article 4-12 (Retroactive Imposition oftheAnti-Dumping Duty)
(1) Theproducts onwhich ananti-dumping dutymaybeimposed among theproducts towhich
provisional measures have beenapplied under theprovision ofArticle 10(5) oftheActareasfollows:
1. aproduct imported during theperiod inwhich provisional measures havebeenapplied
inacasewhere afinaldetermination ofmaterial injury wasmade, orwhere, although
afinal determination ofathreat ofmaterial injury wasmade, itwasdeemed thata
final determination ofmaterial injury would have been made intheabsence of
provisional measures;
2. aproduct imported notmore thanninety daysprior tothedateoftheapplication of
provisional measures inthose cases where itisnecessary toretroactively impose the
anti-dumping dutytoprevent arecurrence ofamaterial injury, etc., caused bythe
massiveimportationofaproductinarelativelyshorttimeperiod,andinthecasewhere
theproduct wasdumped andcaused material injury, etc., inthepastorwhere the
importer wasorcould havebeenaware ofthefactofadumping andamaterial injury,
etc., caused thereby; and
3. aproduct imported notmore thanninety daysprior tothedateoftheapplication of
provisional measures inthecasewhere itwasadmitted thatamaterial injury, etc.,
wascausedbytheimportationofaproducttowhichprovisionalmeasureswereapplied,
inviolation oftheundertaking prescribed inArticle 10(3) oftheAct. Inthiscase,
aproduct imported prior totheviolation ofanundertaking isexcluded; and
4. other products imported during suchaperiod asdetermined bytheMinister ofFinance
andEconomy under conditions prescribed bytheinternational agreement.
(2) Anyinterested parties inthedomestic industry, prescribed inArticle 4-2,mayrequest an
imposition oftheanti-dumping dutyprescribed intheproviso ofArticle 10(5) oftheActbysubmitting
evidence thattheproduct concerned fallsunder anyofthesub-paragraphs ofParagraph (1)within seven
days oftheconclusion ofthefinal investigation prescribed inArticle 4-4(5).
Article 4-13 (Liquidation oftheProvisional Anti-Dumping Duty Amount, etc.)
(1) Inacasethatfallsunder Article 4-12(1), where theamount oftheanti-dumping duty, which
wasimposed onaproduct imported during theperiod, inwhich provisional measures wereapplied under
Article 10(6) oftheAct,isequal toormore thanthatoftheprovisional anti-dumping duty, theamount
oftheanti-dumping dutyshallbethesame asthatoftheprovisional anti-dumping dutyandthedifference
shallnotbecharged, andwhere theanti-dumping dutyislower thantheprovisional anti-dumping duty,
theprovisional anti-dumping dutypaid, equal totheamount ofthedifference, shall berefunded.
(2) Inacasewhere anysecurity wasprovided under theprovision ofArticle 10(2) oftheAct,and
whichfallsunderArticle4-12(1),theamountoftheanti-dumpingdutytobeimposedretroactivelyduring
theperiod, inwhich theprovisional measures were applied, shallnotexceed thatoftheprovisional anti-
dumping duty.
Article 4-14 (Review oftheAnti-Dumping Duty andUndertaking)
(1) Ifitisdeemed necessary, orifanyinterested party orthecompetent Minister incharge ofthe
industry concerned filesarequest forareview along withother documentary evidence related toacase
which fallsunder thefollowing sub-paragraphs, theMinister ofFinance andEconomy shalldetermine
whether ornotthereview prescribed inArticle 10(7) oftheActistobeconducted withrespect totheG/SCM/N/1/KOR/2
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product onwhich theanti-dumping dutyhasbeenimposed orforwhich anundertaking hasbeencarried
out:
1. where circumstances have changed enough tomodify thecontents ofthemeasures
after theenforcement ofananti-dumping dutyoranundertaking;
2. where there isachance thataninjury tothedomestic industry might havebeencaused
bythetermination ofananti-dumping dutyoranundertaking; and
3. where theanti-dumping dutyhasbeenpaidinexcess oftheactual margin ofdumping.
(2) Arequest forareview referred toinParagraph (1)maybemade afterayearhaspassed since
ananti-dumping dutyoranundertaking hasbeenputintoforce, anditshallbemade sixmonths before
theanti-dumping dutyortheundertaking expires. Inthiscase, theMinister ofFinance andEconomy
shall determine whether ornotareview isnecessary within amonth ofreceiving therequest forthe
review.
(3) Inaddition tothereview conducted under Paragraph (1),theMinister ofFinance andEconomy
mayconduct areview ontheappropriateness oftherateofananti-dumping duty imposed oran
undertaking inforce andtothisendheshall conduct anannual examination ofthedumping price in
connection withthecontents oftheanti-dumping dutyortheundertaking (including thecontents changed
asaresult ofthereview) inthemonth under which thedateoftheenforcement thereof falls.
(4) Indetermining thenecessity ofareview under Paragraphs (1)or(3),theMinister ofFinance
andEconomymayconsultheadsofrelatedadministrativeagenciesandtheTradeCommission,andwhen
itisdeterminedthatareviewisnecessary,theTradeCommissionshallcarryoutaninvestigationthereon.
Inthiscase, theinvestigation maybelimited justtothose changed parts, which fallunder thereasons
forconducting such areview.
(5) TheTrade Commission shall finish aninvestigation prescribed inParagraph (4)andsubmit
theresults totheMinister ofFinance andEconomy within sixmonths oftheinitiation ofareview;
however, provided thatitisnecessary toextend theinvestigation period ortheinterested parties request
anextension oftheperiod bysubmitting adequate reasons, theTrade Commission mayextend the
investigation period toamaximum offourmonths.
(6) Inacasewhere themeasures prescribed inArticle 10(7) oftheActarenecessary, theMinister
ofFinance andEconomy shalltakemeasures within amonth ofreceiving theresults oftheinvestigation;
however, provided thatitisdeemed necessary, such aperiod maybeextended toamaximum of
twenty days.
(7) Inacasewhere areview isconducted forreasons stated insub-paragraph 2ofParagraph (1),
ananti-dumping measure shallremain inforce during thereview period eventhough theeffective period
ofthemeasure expires during thereview.
(8) Ifitisdeemed thatanundertaking haslost,ormight loseitseffectiveness asaresult ofareview
referred toinParagraphs (1)or(3),theMinister ofFinance andEconomy maydemand thatanexporter
carrying outsuch anundertaking revise theundertaking andiftheexporter refuses torevise the
undertaking, theMinister ofFinance andEconomy mayimplement theanti-dumping measure onthe
basis oftheinformation available.G/SCM/N/1/KOR/2
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Article 4-15 (Notification andPublic Notice totheInterested Parties, etc.)
(1) Inthefollowing cases, theMinister ofFinance andEconomy shallpublish thedetails thereof
intheofficial gazette, andnotify theinterested parties ofthedetails inwriting:
1. where hehasdetermined totakeameasure ornottotakeameasure prescribed in
Article 10(1) and(2)oftheAct;
2. wherehesuspends,terminates,orcontinuesaninvestigationbyaccep tinganundertaking
prescribed inArticle 10(3) oftheAct; and
3. where heinitiates areview prescribed inArticle 10(7) oftheAct,orhemodifies the
contents ofanti-dumping measures asaresult ofsuch areview; and
(2) Inthefollowing cases, theMinister ofFinance andEconomy ortheTrade Commission shall
notify theinterested parties ofthedetails thereof:
1. wherearequestforaninvestigationisrejectedunderArticle4-3(2),ortheinvestigation
issuspended orterminated under Article 4-4(4);
2. where theperiod ofinvestigation isextended under Article 4-4(6) andtheproviso of
Article 4-14(5);
3. where theperiod isextended under Article 4-4(8);
4. where therequest forimposition oftheanti-dumping duty iswithdrawn under
Article 4-5,thereby suspending thedetermination toinitiate ortoterminate the
investigation;
5. where theapplication period oftheprovisional measure isextended under
Article 4-10(2) or(3); and
6. where theMinister ofFinance and Economy proposes undertakings under
Article 4-11(3).
(3) When there isawritten request made bytheinterested parties withregard totheinvestigation
prescribed inArticle 4-4,inthecourse oftheinvestigation, theMinister ofFinance andEconomy or
theTrade Commission shall notify them ofthedetails oftheinvestigation inprogress.
(2) Ifaperson, whohasaninterest inthedomestic industry, suffered frommaterial injury, etc.,
caused bytheimportation ofsubsidized products, wishes tomake arequest, asreferred toin
Article 4-2(1) which isapplied mutatis mutandis under Paragraph (1),heshallsubmit totheTrade
Commission anapplication stating thefollowing matters together withtherelevant evidentiary materials:
1. names ofitems, dimensions, characteristics, uses,producers, andproduction quantity
ofsuchproducts;
2. exporting country, exporters, andtheresults andthepossibility ofexportation ofsuch
products, andimporters, results andpossibility ofimportation inKorea;
3. ex-factory price andmarket price ofsuchproducts intheexporting country, andthe
export price ofsuchproducts exported toKorea andthirdcountries;G/SCM/N/1/KOR/2
Page13
4. namesofitems,dimensions,characteristics,uses,producers,productionquantity,factory
andmarket prices, andthecostcalculation oftheproducts same inkindandquality
orsimilar products inKorea;
5. matters pertaining tothematerial injury, etc.ofthedomestic industry caused bythe
importation ofsubsidized products;
6. contents ofsubsidies, etc.,asgranted bytheexporting country forthemanufacture,
production, orexport oftheproducts andconsequent markdown effect ontheexport
price oftheproducts;
7. thedegree ofsupport foranapplication fortheinvestigation expressed bythedomestic
producers oftheproducts same inkindandquality orsimilar products;
8. ifitisrequired todealconfidentially withmatters stated inandmaterials appended
tothewritten request, thereason therefor; and
9. other matters asdeemed necessary bytheMinister ofFinance andEconomy.
3. THE REGULATION OFTHE CUSTOMS ACT (TheOrdinance ofthePrime Minister)
Article 5(Subsidies, etc.)
(1) Theterm"subsidy asprescribed bytheOrdinance ofthePrime Minister", asusedinthe
provision ofArticle 4-24(1) oftheDecree, means thesubsidy which isprescribed asasubsidy for
research, regional development, orenvironment byaninternational agreement inspiteofitsspecificity.
(2) Inanyofthefollowing cases, itisdeemed thatthere exists specificity asprescribed in
Article 4-24(2) oftheDecree:
1. where subsidies, etc.,aregranted onalimited basis tocertain enterprises;
2. where subsidies, etc.,areusedbyalimited number ofenterprises;
3. where subsidies, etc.,aregranted toaspecific area; and
4. where thestandard ofspecificity confirmed byaninternational agreement canbe
satisfied.
(3) Inorder tocalculate theamount ofsubsidies, etc.,asprescribed inArticle 4-24(3) oftheDecree,
thefollowing criteria shallapply:
1. inthecaseofequity participation, itshallbetheamount equal tothedifference between
suchequity participation andtheusual investment practice.
2. inthecaseofaloan, itshallbetheamount equal tothedifference between theamount
paidaccording totheinterest rateofsuchaloanandtheamount paidaccording to
themarket interest rate.
3. inthecaseofaloanguarantee, itshallbetheamount equal tothedifference between
theamount paidonsuchaloanandtheamount thatwould bepaidoncomparable
commercial loans absent suchloanguarantees.G/SCM/N/1/KOR/2
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4. inthecaseoftheprovision orpurchase ofgoods andservices, itshallbetheamount
equal tothedifference between suchaprice andtheirmarket price.
5. otherwise, itshallbetheamount determined onthebasis ofsuchcriteria asaccepted
byaninternational agreement.
Article 5-2(Countervailing duty)
(1) Theprovisions ofArticles 4,4-2(1) and(3),4-3,4-5,4-7,4-8shallmutatis mutandis apply
totheinvestigation andimposition ofthecountervailing duty, asprescribed inArticle 13oftheAct
andArticle 4-25oftheDecree. Inthiscase,theterm"Article 4-2(2) oftheDecree" usedinArticle 4(1),
(2)and(3)(text) shallmean "Article 4-2(2) oftheDecree which isapplied mutatis mutandis pursuant
toArticle 4-25(1) oftheDecree"; theterm"Article 4-2(4) oftheDecree" usedinArticle 4(3)(sub-
paragraph 1)shallmean "Article 4-25(2) oftheDecree"; theterm"dumped product" usedinArticle 4(3)
(sub-paragraphs 1and2)shallmean "subsidized product"; theterm"Article 4-2(3) oftheDecree"
usedinArticle 4(4)shallmean "Article 4-2(3) oftheDecree which isapplied mutatis mutandis pursuant
toArticle 4-25(1) oftheDecree"; theterm"Article 4-3(1) (sub-paragraphs 1and3)oftheDecree"
usedinArticle 4-2(1) shallmean "Article 4-3(1) (sub-paragraphs 1and3)oftheDecree which isapplied
mutatis mutandis pursuant toArticle 4-25(1) oftheDecree"; theterm"supplier" usedinArticles 4-2(1)
and4-8(2) shallmean "government oftheexporting country orexporter"; theterm"Article 4-3(2)
(sub-paragraph 4)oftheDecree" usedinArticle 4-2(3) shallmean "Article 4-3(2) (sub-paragraph 4)
oftheDecree which isapplied mutatis mutandis pursuant toArticle 4-25(1) oftheDecree"; theterm
"Article 4-2(1) oftheDecree" shallmean "Article 4-2(1) oftheDecree which isapplied mutatis mutandis
pursuant toArticle 4-25(1) oftheDecree"; theterm"Article 4-5(1) oftheDecree" usedinArticle 4-3(1)
shallmean "Article 4-5(1) oftheDecree which isapplied mutatis mutandis pursuant toArticle 4-25(1)
oftheDecree"; theterm"Article 4-4(2) or(5)oftheDecree" usedinArticle 4-3(2) shall mean
"Article 4-4(2) or(5)oftheDecree which isapplied mutatis mutandis pursuant toArticle 4-25(1) of
theDecree"; theterm"Article 4-8(2) oftheDecree" usedinArticle 4-5(1) shallmean "Article 4-8(2)
oftheDecree which isapplied mutatis mutandis pursuant toArticle 4-25(1) oftheDecree"; theterm
"Article 4-8(8) oftheDecree" usedinArticle 4-5(2) shallmean "Article 4-8(8) oftheDecree which
isapplied mutatis mutandis pursuant toArticle 4-25(1) oftheDecree"; theterm"Article 4-10(2) of
theDecree" usedinArticle 4-5(3) shallmean "Article 4-10(2) oftheDecree which isapplied mutatis
mutandis pursuant toArticle 4-25(2) oftheDecree"; thetitleofArticle 4-7"undertakings torevise
theprice, tocease exporting, etc." shall mean "undertakings torevise theprice"; theterm
"Article 4-11(1) oftheDecree" usedinArticle 4-7(1) (text) shallmean "Article 4-11(1) oftheDecree
which isapplied mutatis mutandis pursuant toArticle 4-25(1) oftheDecree"; theterm"Article 4-7(1)
(sub-paragraph 1)"shallmean "anundertaking thattheexporter willincrease theexport price toa
level which mayeliminate material injury, etc"; theterm"Article 4-11(2) oftheDecree" usedin
Article 4-7(2) shallmean "Article 4-11(2) oftheDecree which isapplied mutatis mutandis pursuant
toArticle 4-25(1) oftheDecree"; theterm "Article 4-11(2) (proviso) oftheDecree" used in
Article4-7(3)(text)shallmean"Article4-11(2)(proviso)oftheDecreewhichisappliedmutatismutandis
pursuant toArticle 4-25(1) oftheDecree"; theterm "Article 4-11(3) oftheDecree" used in
Article 4-7(4) shallmean "Article 4-11(3) oftheDecree which isapplied mutatis mutandis pursuant
toArticle 4-25(1) oftheDecree"; theterm"Article 4-14(1) oftheDecree" usedinArticle 4-8(text)
shallmean "Article 4-14(1) oftheDecree which isapplied mutatis mutandis pursuant toArticle 4-25(1)
oftheDecree"; theterm"anti-dumping measures" usedinArticle 4-8(sub-paragraph 2)shallmean
"countervailing measures".
Article 4(Application fortheinvestigation fortheImposition ofanAnti-Dumping Duty)
(1) Theterm "thelikeproduct", asusedinArticle 4-2(2) oftheDecree means aproduct thatis
identicalinallrespects,includingphysicalcharacteristics,quality,recognitionbytheusers,etc.,(includingG/SCM/N/1/KOR/2
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products altered insignificantly inappearance), orintheabsence ofsuchaproduct, thatwhich hasthe
function, characteristics andconstituent parts thatclosely resemble such animported product.
(2) WithrespecttoproducerswhohavespecialrelationsasprescribedinArticle4-2(2)oftheDecree,
Article 3-6(1) shallbeapplied mutatis mutandis ,provided that,indetermining theexistence ofspecial
relations, ifaproducer ofthelikeproduct oftheimported product sellstheproduct ataprice andwith
conditions thatarethesame with, orsimilar to,theprice andconditions oftheproduct soldbytheperson
whodoesnothavesuchrelationsasprescribedinthetextofthisArticle,suchaproducermaybeexcluded
from being defined asaproducer whohasspecial relations.
(3) Theterm"aproducerwhoistheimporteroftheimportedproductasprescribedbytheOrdinance
ofthePrime Ministry", asusedinArticle 4-2(2) oftheDecree, means aproducer whoimports the
product, buttheterm excludes:
1. aproducer whoimported sixmonths prior tothedateofreceipt oftheapplication as
prescribed inArticle 4-2(4) oftheDecree; and
2. aproducer whose import quantity isinsignificant.
(4) Theterm "aperson whoisprescribed bytheOrdinance ofthePrime Minister", asused in
Article 4-2(3) oftheDecree, means anassociation, union, etc., composed ofdomestic producers of
thelikeproduct.
Article 4-2(Initiation oftheInvestigation onDumping andMaterial Injury, etc.)
(1) Inselecting theproducts andsuppliers subject toinvestigation, asprescribed inArticle 4-3(1)
(sub-paragraphs 1and3)oftheDecree, thesampling method thatisstatistically valid onthebasis of
available material (including themethod toselect thenumber ofsuppliers orproducts based onthe
percentage ofimport volume) willbeused inprinciple.
(2) Theterm"wheretheapplicationdoesnotsatisfythestandardofrepresentativenessofthedomestic
industry setbytheOrdinance ofthePrime Minister", asused inArticle 4-3(2) (sub-paragraph 4)of
theDecree, means each ofthefollowing sub-paragraphs:
1. where thecollective production ofthelikeproduct produced bydomestic producers
expressing support isnotmore than50% ofthetotal production ofsuch products
produced bythedomestic producers expressing either support oropposition; and
2. where thecollective production ofdomestic producers expressing support islessthan
25% ofthetotaldomestic production ofthelikeproduct.
Article 4-3(Withdrawal oftheApplication fortheInvestigation ontheImposition ofanAnti-Dumping
Duty)
(1) Aperson whowishes towithdraw theapplication ofinvestigation under Article 4-5(1) ofthe
Decree, shallsubmit anapplication ofwithdrawal stating thereasons thereof andthesupporting materials
totheTrade Commission.
(2) Inthecases where theapplication ofwithdrawal wasmade during theperiod ofpreliminary
investigation orfinalinvestigation, asprescribed inArticle 4-4(2) or(5)oftheDecree, respectively,
andwheretheallegedreasonsforwithdrawalaredeemed improper,theMinisterofFinanceandEconomy
ortheTrade Commission maydefer thedetermination onwhether ornottheinvestigation willbe
terminated bytheapplication ofwithdrawal, tothetime ofconclusion ofthepreliminary orfinal
investigation.G/SCM/N/1/KOR/2
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Article 4-5(Request bytheInterested Parties forConfidential Treatment, etc.)
(1) Materials subject toconfidential treatment under Article 4-8(2) oftheDecree shallbelimited
tothematerials relating toanyofthefollowing matters, thedisclosure ofwhich might cause damage
totheinterest ofthepresenters ortheinterested parties:
1. costs ofproduction;
2. accounting materials which have notbeen made public;
3. name, address, andtrade volume ofthetrade partners;
4. matters concerning theprovider ofconfidential information; and
5. materials deemed proper tobetreated confidentially.
(2) Wheretheinvestigatingauthorityholdsapublichearing,etc.,underArticle4-8(8)oftheDecree,
itshall notify theMinister ofFinance andEconomy oftheschedule andresults thereof.
(3) Aperson whowishes toextend theapplication period fortheprovisional measures under the
provision ofArticle 4-10(2) shall make such anapplication atleast tendays prior totheexpiry date
ofsuch provisional measures.
Article 4-7(Undertakings toRevise thePrice andtoCease Exporting, etc.)
(1) Where anexporter wishes topropose undertakings totheTrade Commission pursuant to
Article 4-11(1) oftheDecree, such undertakings shall include thefollowing items:
1. anundertaking thattheexporter willincrease theexport price toalevel which may
eliminate material injury, etc., orwillcease exporting within such aperiod as
determined after aconsultation withtheMinister ofFinance andEconomy;
2. information ontheproducts which arecontracted onorshipped prior totheacceptance
oftheundertaking;
3. anundertaking thattheexporter willnottakeanyaction toevade theperformance
oftheundertaking through achange intype, shape, name, etc.,orthrough asaleof
inferior products, etc;
4. anundertakingthattheexporterwillnotinfactviolatetheundertakingbyasalethrough
athird country orathird party, etc;
5. anundertaking thattheexporter willperiodically report totheMinister ofFinance
andEconomy withregard tothesales volume andprice intheexporting country and
export volume andprice fortheexports toKorea;
6. anundertaking thataverification oftherelated materials willbeallowed; and
7. anundertaking torenegotiate upon ademand bytheMinister ofFinance andEconomy
intheevent ofother changes inthecircumstances.
(2) Before accepting undertakings, theMinister ofFinance andEconomy, asprescribed in
Article 4-11(2) oftheDecree, may askforopinions oftheTrade Commission, thehead ofthe
administrative agency concerned andtheinterested parties.
(3) TheMinister ofFinance andEconomy mayrefuse toaccept anundertaking pursuant tothe
provision ofArticle 4-11(2) oftheDecree inanyofthefollowing cases:
1. where aperson whoproposed anundertaking onbehalf ofanumber ofexporters fails
toprove thatanentire agreement among such exporters hasbeen concluded;G/SCM/N/1/KOR/2
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2. where there exists acondition which maymake difficult anappropriate confirmation
orinvestigation ontheperformance ofsuch undertakings; and
3. where there exists reasonable grounds torefuse toaccept theundertaking, suchasa
history ofviolation ofundertakings inthepast, etc.
(4) Asprescribed inArticle 4-11(3) oftheDecree, theexporter whohasreceived theproposal
ofundertakings from theMinister ofFinance andEconomy shallnotify whether ornotsuchaproposal
isaccepted within onemonth.
Article 4-8(Request foraReview)
Interested parties entitled torequest areview shall beasfollows:
1. domestic producers ofthelikeproduct ortheir organizations;
2. producers, suppliers orimporters oftheproduct subject toanti-dumping measures
ortheir organizations; and
3. other persons whotheMinister ofFinance andEconomy deems tohave aninterest.
(2) Theterm"standard setbytheOrdinance ofthePrime Minister" usedinArticles 4-3(2) (sub-
paragraph 3),4-4(4) and4-7(3) (sub-paragraph 1)oftheDecree which areapplied mutatis mutandis
pursuant toArticle 4-25(1) oftheDecree, shallbeinterpreted torefertothecaseinwhich theamount
ofsubsidy isnotlessthan1%oftheprice oftheproduct, unless otherwise provided forinan
international agreement.