RESTRICTED
WORLD TRADE G/LIC/Q/KOR/2
2May1997
ORGANIZATION(97-1874)
Committee onImport Licensing
NOTIFICATION OFREPLIES TOTHE QUESTIONNAIRE ONIMPORT LICENSING
PROCEDURES UNDER ARTICLE 7.3OFTHE AGREEMENT1
Questions from NEW ZEALAND toKOREA2
Thefollowing questions wereposed bythedelegation ofNewZealand atthemeeting ofthe
Committee heldon22April 1997, concerning thenotification provided byKorea under Article 7.3
oftheAgreement1.
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1. Could Korea please expand onthestatement inreply 4that"thepurpose ofimport licensing
isnottorestrict thequantity orvalue ofimports buttomonitor foreign tradetrends andmaintain foreign
trade statistics"? Wewould query whether asystem ofimport licensing isnecessary simply forthe
purpose ofmonitoring trade. HasKorea considered alternative mechanisms forachieving this?
2. Could Korea further clarify howitadministers quotas forproducts subject torestrictions as
totheirquantity orvalue; inparticular, thecriteria andconditions bywhich import licences are
allocated?
1G/LIC/N/3/KOR/1.
2SeeUnderstanding reached bytheCommittee onImport Licensing (G/LIC/4).