. /.  WORLD TRADE  
ORGANIZATION  WT/REG169/N/1 
S/C/N/302 19 April 2004 
 
(04-1741) 
Committee on Regional Trade Agreements 
Council for Trade in Services Original:   English 
 
 
FREE TRADE AGREEMENT BETWEEN THE REPUBLIC OF KOREA AND CHILE 
 
  The following joint communication, dated 8 April 2004, is being circulated at the request of 
the Delegations of the Republic of Korea and Chile. 
 
_______________ 
 
Notification Pursuant to Article XXIV:7(a) of GATT 1994 and Article V:7(a) of the GATS
 
 
 The Permanent Mission of the Republic of Korea to the United Nations and other 
International Organizations in Ge neva and the Permanent Mission of the Republic of Chile to the 
World Trade Organization (WTO) have the honor to notify to the WTO that their respective authorities have signed and completed procedures for entry into force of the Korea-Chile Free Trade Agreement.
1  
  
 The Agreement establishes a free-trade area within the meaning of Article XXIV of the 
GATT 1994; and it also provides for the liberalizati on of trade in services within the meaning of 
Article V of the GATS.    The Agreement was signed on February, 2003.  The agreement entered into force on        
April 1, 2004.  The duration of the agreement is indefinite. 
   This joint notification is presented:  
(i) to the Council on Trade in Goods
, pursuant to part (a) of paragraph 7 of 
Article XXIV of GATT 1994 and the Unde rstanding on the Interpretation of 
Article XXIV of GATT 1994; and 
(ii) to the Council on Trade in Services  in accordance with paragraph 7(a) of 
Article V of the GATS (Economic Integration) (Annex I) 
 We are pleased to advise that the agen cies responsible for the implementation and 
enforcement of the Agreements are the Multilatera l Trade Bureau, Ministry of Foreign Affairs & 
Trade (Korea) and the General Directorate for Inte rnational Economic Relations, Ministry of Foreign 
Affairs (Chile).   Korea and Chile wish to express their willingness to contribute to the process of examination 
in accordance with the procedures agreed upon in the Committee on Regional Trade Agreements. 
                                                     
 
1 The full text of the Agreement will be circulated in document WT/REG169/1. It is also available, 
along with tariff schedules, product-specific rules of origin, and Annexes setting forth services/investment non-
conforming measures at: 
http://www.mofat.go.kr/ko/division/fta_new_9.mof  
http://www.direcon.cl/frame/acuerdos_internacionales/f_bilaterales.html  (Spanish version) WT/REG169/N/1 
S/C/N/302 Page 2 
 
 
 ANNEX I 
  
1. Members notifying: 
 Korea and Chile  
 
2. Notification under: 
 Article V paragraph 7(a) of the GATS (Economic Integration) 
 3. Date of entry into force: 
 April 1, 2004 
 
 Duration: 
  Indefinite 
 
4. Agencies responsible for implementation and enforcement of measures: 
 Korea:  The Multilateral Trade Bureau, th e Ministry of Foreign Affairs & Trade 
   Chile:   The General Directorate of Intern ational Economic Affairs, the Ministry of  
  Foreign Affairs. 
 
5.  Description of the measures: 
 Liberalization of trade within the meaning of GATS Article V 
 6. Members specifically affected, if any: 
 None. 
 
7. The full text of the agreement is available from: 
http://www.mofat.go.kr/ko/division/fta_new_9.mof
 (English & Korean version)              
 
 http://www.direcon.cl/frame/acuerdos_internacionales/f_bilaterales.html  (Spanish version) 
  WTO Secretariat   
__________