./.RESTRICTEDWORLD TRADE
ORGANIZATIONWT/TPR/S/73/Corr.1
25 September 2000
(00-3856)
Trade Policy Review Body
TRADE POLICY REVIEW
REPUBLIC OF KOREA
Report by the Secretariat
Corrigendum
On page 80, para. 110 should be replaced with:
"Korea's exports of textiles and clothing products are subject to quotas, to varying extents, in
the EU, the United States and Canada under the WTO Agreement on Textiles and Clothing (ATC).
When the Multifibre Arrangement expired at the end of 1994, all quotas maintained under it were
carried over into the transitional process of the ATC:  the EU, carried over 43 quotas with
3 sub-limits;  the United States, 4 group limits, 68 quotas with 4 sub-limits;  Canada, 19 quotas with12 sub-limits;  and Norway 4 quotas.
1  Some of these quotas were removed as a result of the first and
second stages of product integration of the ATC while all others must be eliminated by the end of the
transitional period on 31 December 2004.  Norway has already removed all quotas with Korea.  In
1996 the safeguard mechanism of the ATC was applied to Korean exports in respect of five artificial
and synthetic fibre fabric categories by Brazil, for a three-year period.  Turkey applied quotas to
Korea and a number of other countries on a range of textile and clothing products in 1996 in the
context of its commitments under the Customs Union with the EU, in adopting of similar legislationin the textiles sector".
2
On page 53, Table III.3 should be replaced with the attached.
                                                     
1 WTO documents G/TMB/N/60, 61, 62, and 63, 19 April 1995.
2 Section 5 of WTO document WT/REG22/5, 30 October 1996.WT/TPR/S/73/Corr.1
Page 2
Table III.3
Adjustment duties, January-December 2000(Per cent)
Adjustment rate
HS
codeDescription General
rate
Initial AmendedWTO bound rate
(current year)
0301 Sea bream 10 80 70% or won 5,122/kg.
whichever is greaterUnbound
Sea bass 10 80 70 Unbound
Loaches 10 70 60% or won 524/kg.
whichever is greaterUnbound
Eels 10 30 30% or won 1,908/kg.
whichever is greaterUnbound
0303 Alaska pollack 10 30 30 Unbound
Saury 10 50 50 Unbound
Croakers 10 90 80 Unbound
Skate 10 70 60 Unbound
0304 Frozen fillets of Alaska pollack 10 30 25%  or won 383/kg.
whichever is greaterUnbound
0306 Shrimps and prawns (frozen) 20 40 35 Unbound
Shrimps and prawns (salted or in
brine)20 70 60% or won 396/kg.
whichever is greaterUnbound
0307 Squid (frozen) 10 40 40 Unbound
Pulp squid (frozen) 20 40 35% or won 622/kg.
whichever is greaterUnbound
0709
0712Oak mushrooms 30 90% or won 1,625/kg.
whichever is greater80% or won 1,444/kg.
whichever is greater94%  or won 1,697/kg.
whichever is greater
0803 Banana 30 60 50 94
1605 Squid 20 30 25% or won 395/kg.
whichever is greaterUnbound
1902 Chinese vermicelli 8 50% or won 395/kg.
whichever is greater50% or won 395/kg.
whichever is greater56.4% or won 446/kg.
whichever is greater
1904 Rice, steamed and boiled 8 50 50 56.4
2103 Mae joo 8 50% or won 201/kg.
whichever is greater40% or won 160/kg.
whichever is greater56.4% or won 228/kg.
whichever is greater
Sauces, preparations thereforeand mixed seasonings85 0 5 0 5 6 . 4
4412 Plywood, veneered panels and
similar laminated wood8 15 14 Unbound
5004 Silk yarn 8 20 18 Unbound
5007 Woven fabrics of silk 8 20 18 30
5208
5803Woven fabrics of cotton
Gauze of cotton8
1018 16 19.8
6302 Toilet linen and kitchen linen of
cotton13 18 16 30
8479 Chip mounter 8 21 18 Unbound
8712
8714Bicycles
Frames and forks of bicycles81 3 1 1 1 3
Note: No ten-digit HS tariff positions are indicated by the authorities.  In several cases description does not correspond to a specific
ten-digit HS tariff position;  therefore it is not possible to estimate the trade weight of this measure.
Source: Information provided by the Korean authorities.
__________