WORLD TRADE G/ADP/N/1/KOR/2
27November 1996
ORGANIZATION(96-5018)
Original: English Committee onAnti-Dumping Practices
NOTIFICATION OFLAWS AND REGULATIONS
UNDER ARTICLE 18.5OFTHE AGREEMENT
KOREA
Thefollowing communication, dated 11November 1996, hasbeenreceived fromthePermanent
Mission Korea.
_______________
Ihereby notify theCommittee onAnti-Dumping Practices ofchanges intherelevant provisions
ofKorea'sCustomsActanditssub-legislations,whichwascirculatedindocumentsG/ADP/N/1/KOR/1,
G/ADP/N/1/KOR/1/Corr.1 andCorr.2.
_______________
NOTE FROM THE SECRETARIAT
Inorder toensure thatMembers haveausable version ofthenotification, theentire textis
being circulated, incorporating theamendments notified byKorea, aswellascorrections notified earlier.
Changes from theoriginal notification (document G/ADP/N/1/KOR/1), asidentified byKorea, are
shown inredline textinthisnotification.G/ADP/N/1/KOR/2
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NOTIFICATION OFTHE AMENDMENT OFLAWS AND REGULATIONS
OFTHE CUSTOMS ACT UNDER ARTICLE 6OFTHE AGREEMENT
1. TheCustoms Act
Article 10(Anti-Dumping Duty)
(1) Incases where itisconfirmed through aninvestigation thattheimportation offoreign products
ataprice lower thanthenormal value (hereinafter referred toas"dumping") causes orthreatens to
cause material injury to,orcauses material retardation oftheestablishment of,adomestic industry
(hereinafter referred toas"material injury, etc.") anditisdeemed necessary toprotect suchanindustry,
adutyinanamount notmore thanthedifference between thenormal value andthedumping price
(hereinafter referred toasthe"margin ofdumping") ofsuchproducts (hereinafter referred toas"anti-
dumping duty") maybeimposed onsuchproducts inaddition tothecustoms duty, asprescribed in
Article 7,bydesignating theproducts, supplier, orsupplying country ofsuchproducts through the
Ordinance ofthePrime Ministry.
(2) Ifitisconfirmed thatthere issufficient evidence (incases where theundertakings asreferred
toinparagraph (3)arenotfulfilled, orademand forthepresentation ofmaterials onthefulfilment
oftheundertakings andademand toallow theverification ofthematerials presented isnotcomplied,
thebestinformationavailableshallapply)topresumethattherehasbeenthefactofdumpingandmaterial
injury, etc.,caused thereby, fortheproducts against which aninvestigation isinitiated todetermine
whether ornotananti-dumping duty, asreferred toinparagraph (1),istobeimposed, andifitis
deemed necessary toprevent theinjury caused during theperiod ofinvestigation, theMinister ofFinance
andEconomy may,evenbefore theinvestigation isconcluded, adopt ameasure toimpose aprovisional
anti-dumping dutyinaddition tothecustoms dutyortoorder toprovide asecurity, which isnotgreater
thantheamountequivalenttothemarginofdumpingestimatedprovisionally,bydesignatingtheproducts,
supplier, orsupplying country andperiod (hereinafter referred toas"provisional measures" inthis
Article).
(3) Incases where aninvestigation todetermine whether ornottheanti-dumping duty, asreferred
toinparagraph (1),istobeimposed hasbeeninitiated andapreliminary affirmative determination
ofdumping andconsequent injury toadomestic industry hasbeenmade, theexporter oftheproducts
concerned ortheMinister ofFinance andEconomy mayofferorsuggest undertakings torevise the
price ortocease exports atthedumping price sothattheinjury caused bythedumping could be
eliminated.
(4) Iftheundertakings, asreferred toinparagraph (3),areaccepted, theMinister ofFinance and
Economy shallhavetheinvestigation suspended orterminated without taking anyprovisional measures
orimposing anyanti-dumping duty; provided that,iftheMinister ofFinance andEconomy deems
theinvestigation tobenecessary, ortheexporter requests tocontinue theinvestigation, theinvestigation
maybecontinued.
(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 suchprovisional measures areapplied.
(6) Incases where therequest fortheimposition ofananti-dumping dutyiswithdrawn, the
determination onwhether ornottheanti-dumping duty, asreferred toinparagraph (1),istobeimposed,
ismade ortheundertakings referred toinparagraph (3)isaccepted, theprovisional anti-dumping dutyG/ADP/N/1/KOR/2
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paidpursuant totheprovisional measures shallberefunded, orthesecurity provided pursuant thereto
shallbereleased; provided that,inthecaseasreferred tointheproviso ofparagraph (5),iftheanti-
dumping dutyishigher thantheprovisional anti-dumping duty, thedifference shallnotbecollected,
andiftheanti-dumping dutyislower thantheprovisional anti-dumping duty, thedifference shallbe
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 ofsuchareview.
(8) Except incases where theexpiry dateisdetermined separately bytheOrdinance ofthePrime
Minister, theimposition oftheanti-dumping duty, asreferred toinparagraph (1),ortheundertakings
accepted under paragraph (3),shallloseitseffect afterfiveyearsfromtheimposition oftheanti-dumping
dutyortheenforcement oftheundertakings, andifitscontents aremodified asaresult ofthereview
ofdumping andindustrial injury, asreferred toinparagraph (7),itshallloseitseffect afterfiveyears
fromthedateoftheenforcement ofsuchamodification except thecases where theimposition period
isprovided independently bytheOrdinance ofthePrime Minister.
(9) Matters concerning thenormal value, thedumping price, theinvestigation onmaterial injury,
etc.,theundertakings, theexpiry timeandthemethod oftheanti-dumping dutyorprovisional measures,
etc.,asreferred toinparagraphs (1)to(7),shallbeprovided forbythePresidential Decree.
2. TheDecree oftheCustoms Act
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 taking charge ofsuchanindustry,
mayrequest theMinister ofFinance andEconomy toimpose theanti-dumping duty,under theconditions
asprescribed bytheOrdinance ofthePrime Ministry, andsucharequest shallbesubstituted bythe
request foraninvestigation required forimposing suchananti-dumping dutytotheTrade Commission,
asprescribedinArticle37oftheForeignTradeAct(hereinafterreferredtoasthe"TradeCommission").
(2) Inapplying theprovisions ofArticle 10(1)oftheAct,thedomestic industry means thetotal
domestic production industry producing thelikeproduct oftheproduct imported ataprice lower than
itsnormal value (aproduction industry managed byaproducer whohassuchspecial relations with
suppliers orimporters oftheproducts asprescribed bytheOrdinance ofthePrime Minister, anda
production industry managed bysuchaproducer whoisanimporter oftheproduct asprescribed by
theOrdinance ofthePrime Minister maybeexcluded; hereinafter thesame shallbeapplied inthis
paragraph) orthedomestic production industry which accounts foraconsiderable portion ofthetotal
domestic production ofthelikeproduct.
(3) Asusedinparagraph (1),theterm"aninterested party tothedomestic industry" means a
domestic producer belonging tothedomestic industry thatisaffected byanymaterial injury, etc.,and
anindividual oracorporation oranorganization inwhich thedomestic producer isamember orwhich
represents theinterests ofsuchadomestic producer, andwhich isprescribed bytheOrdinance ofthe
Prime Ministry.
(4) Anyperson whodesires torequest aninvestigation under paragraph (1),shallsubmit tothe
TradeCommissionawrittenrequeststatingthefollowingmatters,andshallsubmitsufficientdocumentary
evidence attesting tothefactthatthedumped products havebeenimported andthatthematerial injury,G/ADP/N/1/KOR/2
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etc.,hasbeencaused bytheimport ofsuchproducts, allofwhich should bemade outintriplicate.
Inthiscase, theTrade Commission shallnotify theMinister ofFinance andEconomy andthehead
oftherelated administrative agencies ofthefactthatithasreceived arequest forinvestigation:
1. Names ofitems, dimensions, characteristics, uses,names ofproducers, andproduction
quantity ofsuchproducts;
2. Supplying country andsuppliers, actual export record, possibility ofexportation and
importers, actual import record, possibility ofimportation inKorea ofsuchaproduct;
3. Ex-factory price andmarket price ofsuchaproduct inthesupplying country, andthe
export price ofsuchaproduct inKorea andthirdcountries;
4. Names ofitems, dimensions, characteristics, uses, names ofproducers, production
quantity, factory andmarket prices, andthecostcalculation forthelikeproduct in
Korea;
5. Matters pertaining tothematerial injury, etc.,ofthedomestic industry, which have
beencaused bytheimportation ofsuchproducts;
6. Thedegree ofsupport fortheapplication ofaninvestigation expressed bythedomestic
producers ofthelikeproduct;
7. Ifitisrequired totreatmatters stated inandmaterials appended to,inconfidence,
thewritten request, thereason therefor; and
8. Other matters asdeemed necessary bytheMinister ofFinance andEconomy.
Article 4-3(Initiation oftheInvestigation onDumping andMaterial Injury, etc.)
(1) TheTrade Commission shall, upon receiving therequest foraninvestigation asprescribed
inthelatter partofArticle 4-2(1),determine whether itwillinitiate aninvestigation onthedumping
andmaterial injury, etc., andnotify theMinister ofFinance andEconomy oftheresult ofthe
determination thereof andthefollowing matters, within onemonth afterreceiving sucharequest:
1. Products subject toinvestigation (incasewhere there aremany products subject to
investigation, products selected according totheOrdinance ofthePrime Ministry);
2. Period subject toinvestigation; and
3. Exporters subject toinvestigation (incasewhere there aremany exporters subject to
investigation, exporters selected according totheOrdinance ofthePrime Ministry).
(2) Inmaking adetermination astotheinitiation oftheinvestigation inaccordance with
paragraph (1),iftherequest forinvestigation fallsunder anyofthefollowing sub-paragraphs, theTrade
Commission mayreject sucharequest:
1. Where aperson whohasfiledthewritten request isineligible torequest animposition
under Article 4-2(1);
2. Where sufficient evidentiary materials regarding thefactsofthedumping andmaterial
injury, etc.,arenotpresented;G/ADP/N/1/KOR/2
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3. Where themargin ofdumping orthequantity ofdumped products isbelow thestandard
setbytheOrdinance ofthePrime Ministry, orwhere thematerial injury, etc.,isdeemed
tobeinsignificant;
4. Where theapplication foraninvestigation does notsatisfy thestandard of
representativeness ofthedomestic industry setbytheOrdinance ofthePrime Ministry;
and
5. Where itbecomes unnecessary toinitiate theinvestigation, e.g.,ameasure toeliminate
anyadverse effect onthedomestic industry hasbeentaken prior totheinitiation of
theinvestigation.
(3) When theTrade Commission hasdetermined theinitiation ofaninvestigation referred toin
paragraph (1),itshallnotify theperson requesting aninvestigation, thegovernment ofthesupplying
country andthesuppliers ofsuchaproduct andother interested parties ofthematters concerning the
determination ontheinitiation oftheinvestigation andshallpublish themintheofficial gazette within
tendaysafterthedetermination.
Article 4-4(Investigation onDumping andMaterial Injury, etc.)
(1) TheTrade Commission takescharge 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 shallcomplete apreliminary investigation onwhether ornotthere is
sufficient evidence topresume theexistence ofadumping andamaterial injury, etc.andshallsubmit
areport ontheresults ofthisinvestigation totheMinister ofFinance andeconomy within threemonths
ofthepublication ofmatters concerning theimposition oftheanti-dumping dutyandthedetermination
ontheinitiation oftheinvestigation intheofficial gazette asreferred toinArticle 4-3(3).
(3) TheMinister ofFinance andEconomy shalldetermine whether ornotitisrequired totake
suchmeasures asprescribed inArticle 10(2)oftheActandshalldecide ontheissues concerning the
contents thereof within onemonth ofthesubmission ofareport ontheresults ofapreliminary
investigation asreferred toinparagraph (2);however, provided thatitisdeemed necessary, theperiod
forsuchadecision maybeextended foramaximum of20days.
(4) Incasethemargin ofdumping orthequantity ofdumped product isbelow thestandard set
bytheOrdinance ofthePrime Minister orthematerial injury, etc.isdeemed insignificant aftera
preliminary investigation referred toinparagraph (2),theTrade Commission shallterminate thefinal
investigation referred toinparagraph (5).
(5) Insofar asthere existnospecial reasons prescribed bytheOrdinance ofthePrime Minister,
theTrade Commission shallinitiate afinalinvestigation onthedayafteritsubmits areport onthe
results ofthepreliminary investigation referred toinparagraph (2)andshallsubmit areport ofthe
results ofthefinalinvestigation totheMinister ofFinance andEconomy within three months ofthe
dayonwhich thefinalinvestigation wasinitiated.
(6) Ifitisnecessary toextend theinvestigation period inconnection withtheinvestigations referred
toinparagraphs (2)and(5),orifaninterested party requests anextension oftheinvestigation period
withjustifiable reasons, thentheTrade Commission mayextend itforamaximum ofonemonth after
consulting withtheMinister ofFinance andEconomy.G/ADP/N/1/KOR/2
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(7) Within onemonth ofthereception ofthereport ontheresults ofthefinalinvestigation, as
referred toinparagraph (5),theMinister ofFinance andEconomy shalldetermine whether ornot
theanti-dumping dutyistobeimposed, andshalldetermine theparticulars thereof, andshalltake
measures 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 oneyearfrom thedateofpublication oftheofficial gazette
mentioned inArticle 4-3(3);provided that,ifitisdetermined thataspecial reason exists, theperiod,
inwhich themeasure which imposes theanti-dumping dutyisadopted, maybeextended foramaximum
ofsixmonths, notwithstanding theprovisions ofArticles 4-3(1),4-4(2),(5)to(7).
(9) IftheTrade Commission considers itnecessary when itsubmits theresults oftheinvestigation
asreferred toinparagraph 2andparagraph 5,itmayrequest theMinister ofFinance andEconomy
totakepreliminary measures prescribed inArticle 10(2)oftheAct,toimpose theanti-dumping duty
prescribed inArticle 10(1)oftheActortopropose theundertakings prescribed inArticle 10(3)of
theAct.
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 suchawithdrawal before itdecides toinitiate aninvestigation, itmaycease contemplating
todetermine whether ornottoinitiate aninvestigation under Article 4-3(1)afterconsulting withthe
Minister ofFinance andEconomy andtheheadoftheadministrative agency concerned, andifitreceives
suchawithdrawal aftersuchadetermination hasbeenmade, thenitshallnotify theMinister ofFinance
andEconomy.
(2) Uponreceivingthenotificationreferredtoinparagraph(1),theMinisterofFinanceandEconomy
mayprevent theinitiation of,orterminate, theinvestigation asprescribed inArticle 4-4,aftera
consultation withtheTrade Commission andtheheads oftheadministrative agencies concerned, and
ifanyprovisional measures aretaken under Article 10(2)oftheAct,themeasures maybewithdrawn.
(3) IftheMinister ofFinance andEconomy withdraws anyprovisional measure under thelatter
partofparagraph (2),heshallrefund theprovisional anti-dumping dutypaid, orrelease anysecurity
provided pursuant tosuchaprovisional measure.
Article 4-6(Comparison between theNormal Value andtheDumping Price)
(1) Forthepurpose ofArticle 10(1)oftheAct,theterm"normal value" means theprice ofthe
likeproduct which isconsumed intheordinary course oftrade inacountry thatsupplies theproduct;
however, provided thatthelikeproduct isnottraded, oritisimpossible toapply theprice usedin
theordinary course oftrade insuchacountry because oftheparticular market situation, etc.thena
comparable price which isrepresentative oftheexport prices ofthelikeproduct fromsuchacountry
tothirdcountries, oraprice thatincludes thecostofproduction inthecountry oforigin, areasonable
amount foradministrative andselling costs, andprofits (hereinafter referred toasthe"constructed
value") shallbeconsidered thenormal value.
(2) Iftheproduct isimported through athirdcountry andnotdirectly from acountry oforigin,
theprice usedintheordinary course oftrade inthethirdcountry shallbeconsidered tobethenormal
value; however, provided thattheproduct issimply shipped through orthatnoactual production of
thelikeproduct takes place orthatthere isnoprice thatisdeemed astheprice usedintheordinaryG/ADP/N/1/KOR/2
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course oftrade inthethirdcountry, thentheprice usedintheordinary course oftrade inthecountry
oforigin shallbeconsidered thenormal value.
(3) Notwithstanding theprovisions ofparagraphs (1)and(2),iftheproduct concerned isimported
from acountry inwhich thestatecontrols theeconomy andamarket economy system isnotyet
established, thepriceofthelikeproduct consumed intheordinary course oftrade inmarket economy
countries excluding Korea orsuchmarket economy countries 'export pricetothirdcountries including
Korea ortheconstructed value shallbeconsidered thenormal value; however, provided that,insuch
cases asprescribed bytheOrdinance ofthePrime Minister, aswhen acountry which doesnothave
themarket economy system isintheprocess ofundergoing atransition toamarket economy system,
thentheprice usedintheordinary course oftrade, etc.,asprescribed byparagraphs (1)and(2),may
beconsidered thenormal value.
(4) Forthepurpose ofArticle 10(1)oftheAct,theterm"dumping price" means theactual price
paidortobepaidfortheproduct forwhich aninvestigation isinitiated, asprescribed inArticle 4-3;
however, provided thatitisimpossible toestablish adumping price onthebasis ofanactual price
paidortobepaidbecause ofspecial relations orcompensatory arrangements between thesupplier
andtheimporter orathirdperson prescribed bytheOrdinance ofthePrime Minister, thenthedumping
price means theprice atwhich theimported product isresold forthefirsttimetoapurchaser who
hasnosuchspecial relation orcompensatory arrangement; andprovided thattheproducts arenot
resold toapurchaser whohasnosuchspecial relation orcompensatory arrangement, orthattheproduct
isnotresold inthecondition thatitwasimported, thenthedumping price means theprice based on
suchreasonable criteria asdetermined bytheOrdinance ofthePrime Minister.
(5) Acomparison between thenormal value andthedumping priceshallbemade atthesame time
andatthesameleveloftrade(normally attheex-factory level) ifpossible. Inthiscase,ifanyphysical
characteristics, quantity andcondition ofsales, difference intaxation, fluctuation ofexchange rates,
etc.,oftheproduct concerned affect thecomparability oftheprice, thenormal value andthedumping
price maybeadjusted according totheOrdinance ofthePrime Minister.
(6) Ifanyinterested party demands aprice adjustment asreferred toinparagraph (5)because of
thedifference inphysical characteristics orthequantity andcondition ofsales, itshallestablish the
factthatsuchadifference hasadirect effect onthemarket price oronthemanufacturing costs.
Article 4-7(Determination ofMaterial Injury, etc.)
(1) Incases where theTrade Commission investigates anddetermines thematerial injury, etc.,
asprescribed inArticle 4-4,theinvestigation andthedetermination shallbebased onthesubstantial
evidence including thefollowing matters:
1. Import quantity ofthedumped products (including whether ornottheimportation of
suchproductshasincreasedsignificantlyinabsolutetermsorinrelativetermscompared
tothedomestic production orconsumption);
2. Price ofthedumped product (including whether ornotasuchprice hasdecreased
significantly incomparison withtheprice ofthelikeproduct produced domestically);
3. Thedegree ofdumping margin (including whether ornottheimport price ofdumped
product hasdeclined significantly incomparison withthenormal value intheexporting
country);G/ADP/N/1/KOR/2
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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 ofsuchmatters asreferred toinsub-paragraphs 1and2
onthedomestic industry.
(2) Incaseofaninvestigation anddetermination ofthematerial injury, etc.,under paragraph (1),
adetermination onthethreat ofmaterial injury shallbemade onthebasis ofthefacts, suchasthe
following matters, inaddition tothematters referred tointhesub-paragraphs ofparagraph (1),and
theinjury tobecaused bythedumped products must 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 ofthepriceofthelikeproduct andthelikelihood ofanincrease inthedemand
formore imports; and
4. Theinventory ofthedumped product andthestatus oftheinventory ofthelikeproduct.
(3) With regard totheinvestigation anddetermination ofthematerial injury, etc.,theMinistry
ofFinance andEconomy mayassess theinjury cumulatively when products imported frommore than
onecountry aresubject toinvestigation simultaneously andwhen:
1. Themargin ofdumping andthequantity ofimports satisfy thestandard setinthe
Ordinance ofthePrime Ministry; and
2. Thedumped products areinacondition tocompete witheachother andthelike
domestic product.
(4) TheTrade Commission shallinvestigate factors other thandumped imports which havecaused
injuries tothedomestic industry andshallnotconsider thematerial injury etc.caused bythese factors
ascaused bythedumped imports.
Article 4-8(Request fortheCooperation ofInterested Parties ontheMaterials)
(1) Ifitisdeemed necessary fortheinvestigation andforthedetermination onwhether ornotan
anti-dumping dutyistobelevied under Article 10(1)oftheAct,theMinister ofFinance andEconomy
ortheTrade Commission mayaskforthecooperation, suchasapresentation 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 ofthematerials ormaterials requested bytheapplicant
forinvestigation orbytheinterested parties tobetreated inconfidence forajustifiable reason, shall
notbedisclosed without anexpress consent oftheperson whohaspresented suchmaterials.G/ADP/N/1/KOR/2
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(3) TheMinister ofFinance andEconomy ortheTrade Commission maydemand thattheperson,
whohaspresented confidential material under paragraph (2),submit anon-confidential summary of
suchmaterial. Inthiscase, ifsuchaperson isunable tosubmit suchasummary, heshallsubmit a
document stating thereason thereof.
(4) Inacasewhere aperson whohaspresented material refuses tomake thematerial public although
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 suchmaterial, unless the
accuracy ofthematerial hasbeensufficiently demonstrated.
(5) Inconducting aninvestigation anddetermining whether ornottheanti-dumping dutyistobe
imposed asprescribed inArticle 10(1)oftheAct,ifitisdifficult toconduct theinvestigation orto
verify thematerial forthereason thataninterested party willnotpresent related material orrefuses
orimpedes theinvestigation oftheTrade Commission, orforother reasons, theMinister ofFinance
andEconomy ortheTrade Commission maydecide whether ornotitwilltakeanymeasures toprevent
thedumping onthebasis oftheavailable facts.
(6) TheMinister ofFinance andEconomy andtheTrade Commission maynotuseanyinformation
andmaterial acquired, andfactsacknowledged fromtheinterested 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
otherthanthose treated confidentially, theMinister ofFinance andEconomy andtheTrade Commission
shallaccept 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 orthereisarequest made byanyoftheinterested parties.
(9) Ifthecustomscollector,theheadsofbanksdealingwithforeignexchangeservices,otheragencies
concerned, orinterested organizations consider thatanimported product hasbeendumped heshall
notify theMinister ofFinance andEconomy andtheTrade Commission.
Article 4-9(Imposition oftheAnti-Dumping Duty)
(1) Theanti-dumping dutyasprescribed inArticle 10(1)oftheActmaybeimposed bymeans
ofsetting anti-dumping dutyratesorbaseimport prices determined foreachsupplier orsupplying
country; however, withrespect tothose suppliers onwhom itisdifficult toconduct aninvestigation
ortoverify material forthereason thattheyfailtosubmit thematerial prescribed inArticle 4-8,or
refuse tomake thematerial public without ajustifiable reason orforother reasons, theanti-dumping
dutymaybeimposed bymeans ofsetting asingle anti-dumping dutyrateorbaseimport price.
(2) Withrespect tosuppliers notselected asthesubject oftheinvestigation under Article 4-3(1),
theanti-dumping dutyshallbeimposed bymeans ofsetting ananti-dumping dutyrateorabaseimport
pricecalculated byaweighted average ofanti-dumping dutyratesorthebaseimport prices forsuppliers
selected fortheinvestigation; however, withrespect tothosewhohavesubmitted thematerial prescribed
inArticle 4-8among thesuppliers whoexported during theperiod subject totheinvestigation butwere
notselected fortheinvestigation, theprovision ofparagraph (1)shallbeapplied.G/ADP/N/1/KOR/2
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(3) Inacasewhere theanti-dumping dutyisimposed bydesignating supplying countries under
Article 10(1)oftheAct,ifanewsupplier ofthesupplying countries, whoexports aftertheperiod
subject toinvestigation prescribed inArticle 4-3(1),hasaspecial relationship prescribed bythe
Ordinance ofthePrime Minister with asupplier whoissubject totheanti-dumping duty by
paragraph (1),ananti-dumping dutyshallbeimposed onthebasis oftheanti-dumping dutyrateor
thebaseimport price applied tothesupplier; however, provided thatsuchanewsupplier canshow
thathehasnosuchspecial relations, theanti-dumping dutymaybeimposed bymeans ofsetting an
individual anti-dumping dutyrateoranindividual baseimport price calculated asaresult ofan
investigation. Inthiscase, themethod, procedure, etc.,oftheinvestigation maybedifferent from
those applied tothepersons whowere subject toaninvestigation asprescribed bytheOrdinance of
thePrime Minister.
(4) Thebaseimport pricereferred toinparagraphs (1)to(3),shallbedetermined within therange
calculated byadding theimport-related expenses tothenormal value established inthesupplying country
andadjusted according toArticle 4-6(5).
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)ofthesameArticle andwhere atleast60dayshavepassed sincetheinitiation
ofaninvestigation.
(2) Theapplication period fortheprovisional measures prescribed inArticle 4-4(3)shallnotexceed
fourmonths; however, provided thatasupplier ofsignificant importance inthetrade oftheproduct
requests anextension oftheapplication period, itmaybeextended foramaximum ofsixmonths.
(3) Notwithstanding theprovisions ofparagraph (2),ifitisdeemed necessary, theMinister of
Finance andEconomy mayprolong theapplication period oftheprovisional measures inaccordance
withtheinternational agreement.
(4) Ifanorder toprovide asecurity isissued under Article 10(2)oftheAct,thesecurity provided
shallbeequivalent totheprovisional anti-dumping dutyinvalue.
Article 4-11(Undertakings toRevise thePrice, toCease Exporting, etc.)
(1) Ifanexporter ofaproduct, forwhich aninvestigation hasbeeninitiated inorder todetermine
whether ornottheanti-dumping dutyistobeimposed, wishes topropose anundertaking under
Article 10(3)oftheAct,orwishes torequest thecontinuation ofaninjury investigation under
Article 10(4)oftheAct,heshallsubmit sucharequest inwriting totheTrade Commission. Inthis
case,theTrade Commission shallnotify theMinister ofFinance andEconomy ofthecontents submitted
immediately thereafter.
(2) Iftheundertaking proposed under paragraph (1)contains particulars totheeffect thattheprice
istoberevised immediately, ortheexport istodiscontinue within sixmonths, thentheMinister of
Finance andEconomy mayaccept theundertaking; however, provided thatitisdeemed difficult to
secure afulfilment oftheundertaking according totherelevant provisions oftheOrdinance ofthePrime
Minister, theMinister ofFinance andEconomy neednotaccept suchanundertaking.
(3) TheMinister ofFinance andEconomy, ifitisdeemed necessary, maypropose anundertaking
prescribed inArticle 10(3)oftheAct,bydesignating exporters.G/ADP/N/1/KOR/2
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(4) TheMinister ofFinance andEconomy maynotaccept anundertaking under paragraph (2)
orpropose anundertaking under paragraph 3before 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,heshallrefund theprovisional anti-dumping dutypaid, orrelease any
security offered; however, provided thatasaresult ofaninvestigation prescribed inArticle 4-4,a
finaldetermination ofmaterial injury wasmade orthough finaldetermination ofathreat ofmaterial
injury wasmade, intheabsence ofprovisional measures, theeffect tothedumped imports would have
ledtoadetermination ofmaterial injury, theMinister ofFinance andEconomy neednotrefund the
provisional anti-dumping dutypaidbysuchprovisional measures ormaycollect theamount equivalent
totheprovisional anti-dumping duty.
(6) Iftheexporter failstofulfil theundertakings accepted under Article 10(4)oftheAct,the
Minister ofFinance andEconomy maypromptly takeanti-dumping measures byusing thebestavailable
information.
(7) Ifitisascertained, through acontinuous investigation under theprovision ofArticle 10(4)
oftheAct,thatthere exists nomaterial injury, etc.,orthatthere exists nomargin ofdumping, the
Minister ofFinance andEconomy shallnullify theeffect oftheundertaking; however, provided that
thenon-existence ofamaterial injury etc.ordumping margin isdeemed tohavebeengenerated by
theundertaking, theMinister ofFinance andEconomy mayhavetheundertaking continued foran
adequately setperiod, andiftheexporter refuses tofulfil theundertaking, theMinister ofFinance
andEconomy maypromptly takeanti-dumping measures byusing thebestavailable information.
(8) Intheevent thattheMinister ofFinance andEconomy withdraws anyprovisional measures
under Article 10(4)oftheAct,heshallrefund theprovisional anti-dumping dutypaid, orrelease any
security offered bysuchprovisional measures; provided that,asaresult ofaninvestigation asprescribed
inArticle 4-4,ifitisascertained thatthere exists material injury, etc.,theMinister ofFinance and
Economy mayhavethediscretion onwhether torefund theprovisional anti-dumping dutypaidbysuch
provisional measures, ortocollect theamount equivalent totheprovisional anti-dumping duty.
(9) Iftheexporter failstofulfil theundertakings accepted under Article 10(4)oftheAct,orto
submit thematerials asreferred toinparagraph (7),orrefuses toallow averification ofsuchmaterials,
theMinister ofFinance andEconomy maycontinue theanti-dumping measures onthebasis ofany
information available.
(10) Asaresult ofthecontinuous investigation under theprovision ofArticle 10(4)oftheAct,
ifitisascertained thatthere exists nomaterial injury, etc.,orthatthere exists nomargin ofdumping,
theMinister ofFinance andEconomy maynullify theeffect oftheundertakings, provided that,ifthe
non-existence ofmaterial injury, etc.,iscaused bytheundertakings initsjudgement, theMinister
ofFinance andEconomy mayhavetheundertakings continued during suchaperiod asdeemed adequate,
andiftheexporter refuses tofulfiltheundertaking, theMinister offinance andEconomy maycontinue
theanti-dumping measures onthebasis ofanyinformation available.
Article 4-12(Retroactive Imposition oftheAnti-Dumping Duty)
(1) Theanti-dumping dutymaybeimposed onthefollowing products among theproducts towhich
theprovisional measures havebeenapplied under theprovision ofArticle 10(5)oftheAct:
1. Productsimportedduringtheperiodinwhichtheprovisionalmeasureshavebeenapplied
inthecasewhere afinaldetermination ofmaterial injury ismade, orwhere afinalG/ADP/N/1/KOR/2
Page12
determination ofathreat ofmaterial injury ismade butitisdeemed thatafinal
determination ofmaterial injury would bemade intheabsence oftheprovisional
measures;
2. Products imported notmore than90dayspriortothedateofapplication ofprovisional
measures inthecasewhere itisnecessary toimpose retroactively theanti-dumping
dutytopreventarecurrenceofthematerialinjury,etc.,causedbyamassiveimportation
inarelatively shorttimeperiod, andwhere thereisahistory ofdumping which caused
thematerial injury, etc.,ortheimporter was,orshould havebeen, aware ofthefact
thatthedumping andmaterial injury, etc.,wascaused thereby;
3. Products imported notmore than90daysprior tothedateofapplication forthe
provisional measures (excluding theproducts imported prior totheviolation ofthe
undertakings) inthecasewhere itisadmitted thatthematerial injury, etc.,iscaused
byanimportation oftheproducts, towhich theprovisional measures havebeenapplied,
inviolation oftheundertaking asprescribed inArticle 10(3)oftheAct; and
4. Other products imported during suchaperiod asdetermined bytheMinister ofFinance
andEconomy under theconditions asprescribed bytheinternational agreement.
(2) Anyinterested parties tothedomestic industry, asprescribed inArticle 4-2,mayrequest an
imposition oftheanti-dumping dutyasprescribed intheprovision ofArticle 10(5)oftheActby
producing evidence thattheproducts concerned fallunder anyofthesub-paragraphs ofparagraph (1)
within seven daysafterthefinalinvestigation, asprescribed inArticle 4-4(5),isconcluded.
Article 4-13(Liquidation oftheProvisional Anti-Dumping Duty Amount, etc.)
(1) Inthecases thatfallunder Article 4-12(1),where theamount oftheanti-dumping duty, which
wasimposed ontheproducts imported during theperiod inwhich theprovisional measures havebeen
applied under Article 10(6)oftheAct,isequal toormore thanthatoftheprovisional anti-dumping
duty, theamount oftheanti-dumping dutyshallbethesame asthatoftheprovisional anti-dumping
duty, andthedifference shallnotbeassessed, butiftheanti-dumping dutyislower thantheprovisional
anti-dumping duty, theprovisional anti-dumping dutyequal tosuchadifference shallberefunded.
(2) Inthecases where anysecurity isprovided under Article 10(2)oftheAct,andwhich fall
under Article 4-12(1),theamount oftheanti-dumping dutytobeimposed retroactively intheperiod,
inwhichtheprovisionalmeasureshavebeenapplied,shallnotexceedthatoftheprovisionalanti-dumping
duty.
Article 4-14(Review ontheAnti-Dumping Duty andUndertaking)
(1) Ifitisdeemed necessary, orifanyinterested party, orthecompetent Minister incharge of
theindustry concerned filesarequest forreview together withanydocumentary evidence related to
acasewhich fallsunder thefollowing sub-paragraphs, theMinister ofFinance andEconomy shall
determine whether ornotthereview prescribed inArticle 10(7)oftheActistobeconducted with
respect totheproduct onwhich theanti-dumping dutyhasbeenimposed orforwhich anundertaking
hasbeencarried out.
1. Where thecircumstances havechanged enough tomodify thecontents ofsuchameasure
aftertheenforcement oftheanti-dumping dutyortheundertakings;G/ADP/N/1/KOR/2
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2. Where theinjury tothedomestic industry might becaused bythetermination ofthe
anti-dumping dutyortheundertakings;
3. Where theanti-dumping dutyispaidinexcess oftheactual margin ofdumping.
(2) Therequest forareview asreferred toinparagraph (1)maybemade onlyoneyearafterthe
anti-dumping dutyortheundertaking isputinforce, anditshallbemade sixmonths before theanti-
dumping dutyortheundertaking expires. Inthiscase, theMinister ofFinance andEconomy shall
determine thenecessity ofsuchareview within onemonth afterhereceives therequest forareview.
(3) Inaddition tothereview conducted under paragraph (1),theMinister ofFinance mayconduct
areview onwhether ornottherateofanti-dumping dutyimposed ortheundertaking inforce isproper,
andtothisend,heshallconduct anannual review onthedumping price inconnection withtheanti-
dumping dutyorcontents oftheundertaking (including thecontents changed asaresult ofthereview)
inthemonth under which thedateoftheenforcement thereof falls.
(4) Indetermining thenecessity ofareview under paragraph (1)or(3),theMinister ofFinance
andEconomy mayconsult withheads ofrelated administrative agencies andtheTrade Commission,
andwhen itisdetermined thatareview isnecessary, theTrade Commission shall carry outan
investigation thereon. Inthiscase,theinvestigation maybelimited justtothose changed partswhich
fallunder thereasons forconducting suchareview.
(5) TheTrade Commission shallfinish 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
investigationperiodtoamaximumoffourmonthsafterconsultingtheMinisterofFinanceandEconomy.
(6) Inacasewhere themeasures prescribed inArticle 10(7)oftheActarenecessary, theMinister
ofFinance andEconomy shalltakemeasures within amonth ofreceiving theresults oftheinvestigation;
however, provided thatitisdeemed necessary, suchaperiod maybeextended foramaximum oftwenty
days.
(7) Inthecases where areview isconducted forthereason stated insub-paragraph 2of
paragraph (1),suchmeasures shallremain inforce during thereview period eveniftheanti-dumping
measures expires during thereview period.
(8) Ifitisdeemed thatundertakings havelost,ormight losetheireffectiveness asaresult ofa
review referred toinparagraph (1)or(3),theMinister ofFinance andEconomy maydemand that
anexporter carrying outsuchanundertaking revise theundertaking andiftheexporter refuses torevise
theundertaking, theMinister ofFinance andEconomy mayimplement theanti-dumping measure on
thebasis oftheinformation available.
Article 4-15(Notification andPublic Notice totheInterested Parties, etc.)
(1) Inanyofthefollowing cases, theMinister ofFinance andEconomy shallpublish thedetails
thereof intheofficial gazette, andnotify theinterested parties ofthedetails inwriting:
1. Where hehasdetermined toeither adopt ornotadopt themeasure asprescribed in
Article 10(1)and(2)oftheAct;G/ADP/N/1/KOR/2
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2. Where heaccepts theundertakings asprescribed inArticle 10(3)oftheActand
suspends, terminates, orcontinues theinvestigation;
3. Where heinitiates areview asprescribed inArticle 10(7)oftheAct,orhemodifies
thecontents oftheanti-dumping measures asaresult ofsuchareview; and
(2) Inthefollowing cases, theMinister ofFinance andEconomy ortheTrade Commission shall
notify theinterested parties ofthedetails thereof:
1. Where therequest forinvestigation isrejected under Article 4-3(2),ortheinvestigation
issuspended orterminated under Article 4-4(4);
2. Where theperiod ofinvestigation isextended under Article 4-4(6)andtheprovision
ofArticle 4-14(5);
3. Where theperiod isextended under Article 4-4(8);
4. Where therequest forimposition oftheanti-dumping dutyiswithdrawn under Article
4-5,thereby suspending thedetermination onwhether toinitiate theinvestigation or
terminating theinvestigation;
5. Where theapplication period oftheprovisional measure isextended under Article 4-10
(2)or(3);and
6. Where theMinister ofFinance andEconomy 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 shallnotify them ofthedetails oftheinvestigation inprogress.
3. TheRegulation oftheCustoms Act
Article 4(Application fortheInvestigation fortheImposition ofanAnti-Dumping Duty)
(1) Theterm"thelikeproduct" asusedinArticle 4-2(2)oftheDecree means aproduct thatis
identical inallrespects, including physical characteristics, quality, recognition bytheusers, etc.,
(including products altered insignificantly inappearance) orintheabsence ofsuchaproduct, thatwhich
hasthefunction, characteristics andconstituent partsthatclosely resemble suchanimported product.
(2) With respect toproducers whohavespecial relations asprescribed inArticle 4-2(2)ofthe
Decree, Article 3-6(1)shallbeapplied, mutatis mutandis ,provided that,indetermining theexistence
ofspecial relations, ifaproducer ofthelikeproduct oftheimported product sellstheproduct ata
price andwithconditions thatarethesame with, orsimilar to,theprice andconditions oftheproduct
soldbytheperson whodoesnothavesuchrelations asprescribed inthetextofthisArticle, sucha
producer maybeexcluded from being defined asaproducer whohasspecial relations.G/ADP/N/1/KOR/2
Page15
(3) Theterm"aproducerwhoistheimporteroftheimportedproductasprescribedbytheOrdinance
ofthePrime Ministry", asusedinArticle 4-2(2)oftheDecree, means aproducer whoimports the
product, butthetermexcludes:
1. Aproducer whoimported sixmonths prior tothedateofreceipt oftheapplication
asprescribed inArticle 4-2(4)oftheDecree; and
2. Aproducer whose import quantity isinsignificant.
(4) Theterm"aperson whoisprescribed bytheOrdinance ofthePrime Minister", asusedin
Article 4-2(3)oftheDecree, means association, union, etc.,composed ofdomestic producers ofthe
likeproduct.
Article 4-2(Initiation oftheInvestigation onDumping andMaterial Injury, etc.)
(1) Inselecting theproducts andsuppliers subject toinvestigation, thesampling method thatis
statisticallyvalidonthebasisofavailablematerial(includingthemethodtoselectthenumberofsuppliers
orproducts based onthepercentage ofimport volume) willbeusedinprinciple.
(2) Theterm"thestandard setbytheOrdinance ofthePrime Ministry", asusedinArticles 4-3(2)
(sub-paragraph 3),4-4(4)and4-7(3)(sub-paragraph 1)oftheDecree, shallbeinterpreted asfollows:
1. Themargin ofdumping: notlessthan2percentofthedumping price; and
2. Theimport volume ofthedumped product: where thetotalvolume ofimports from
thesupplying countries, which individually accounts forlessthan3percentofthe
imported volume ofthelikeproduct, exceeds 7percentofsuchanimported volume.
(3) Theterm"where theapplication doesnotsatisfy thestandard ofrepresentativeness ofthe
domestic industry setbytheOrdinance ofthePrime Ministry", asusedinArticle 4-3(2)(sub-
paragraph 4)oftheDecree, shallbeinterpreted asfollows:
1. Where thecollective production ofthelikeproduct produced bydomestic producers
expressing support isnotmorethan50percentofthetotalproduction ofsuchproducts
produced bythedomestic producers expressing either support oropposition; and
2. Where thecollective production ofdomestic producers expressing support islessthan
25percentofthetotaldomestic production ofthelikeproduct.
Article 4-3(Withdrawal oftheApplication fortheInvestigation ontheImposition ofanAnti-Dumping
Duty)
(1) Aperson whowishes towithdraw theapplication ofinvestigation under Article 4-5(1),shall
submit 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),respectively, andwhere the
alleged reasons forwithdrawal aredeemed improper, theMinister ofFinance andEconomy maydefer
thedetermination onwhether ornottheinvestigation willbeterminated bytheapplication ofwithdrawal,
tothetimeofconclusion ofthepreliminary orfinalinvestigation.G/ADP/N/1/KOR/2
Page16
Article 4-4(Comparison between theNormal Value andtheDumping Price)
(1) Incalculating theprices intheordinary course oftrade, asprescribed inthetextof
Article 4-6(1),andtheexport prices tothird countries intheprovision ofArticle 4-6(1),thesale
prices shallnotbeusedasabasisifthesalesofthelikeproduct fallunder anyofthefollowing cases:
1. Where salesaremade atprices below thecostofproduction plustheselling, general
andadministrative costs(hereinafter, "costs") andthevolume ofsuchsalesrepresents
notlessthan20percentofthevolume soldinthetransactions under consideration
forthedetermination ofthenormal value, andthesales, excluding thesales below
costs, cannot provide fortherecovery ofcosts within areasonable period oftime;
and
2. Where thesalespricebetween suchrelated parties asprescribed inArticle 3-6(1)(each
sub-paragraph) oftheDecree wasaffected bysucharelation.
(2) Theparticular market situation, etc.,asprescribed intheprovision ofArticle 4-6(1)ofthe
Decree, shallbeinterpreted asincluding thecases inwhich thesalesinthesupplying country constitute
lessthan5percentoftheimports fromsuchasupplying country, anditisimproper tocalculate the
normal value onthebasis ofsuchsales, except inthecasewhere theevidence demonstrates thatthe
salesinthesupplying country atsuchalowratiocanbeusedasthebasisofcomparison forthedumping
price.
(3) Theconstructed value, asprescribed intheprovision ofArticle 4-6(1),shallbetheamount
ofthecostsincurred inthenormal production process inthecountry oforigin plustheselling, general
andadministrative costsandtheprofits. Inthiscase,theamount ofprofits shallnotexceed theprofits
normally realized onthesalesofproducts ofthesame general category inthedomestic market ofthe
country oforigin.
(4) Withregard totheapplication ofthetextofArticle 4-6(3),themarket economy country shall
bethecountry thatissimilar tothesupplying country ofsuchaproduct interms ofitslevelofeconomic
development, production technology oftheproduct, etc.
(5) Theterm"such cases asprescribed bytheOrdinance ofthePrime Minister", asusedinthe
provision ofArticle 4-6(3)oftheDecree, means thecases inwhich theproductions andsalesofthe
products aremade under amarket economy system.
(6) Theterm"special relations asprescribed bytheOrdinance ofthePrime Minister", asused
intheproviso ofArticle 4-6(4)oftheDecree, means suchrelations asprescribed inArticle 3-6(1)
(each paragraph).
(7) Theprice based onreasonable criteria, asprescribed intheprovision ofArticle 4-6(4),shall
beinterpretedasreferringtothepricecalculatedafterconsideringcostsincurredbetweentheimportation,
costs oftheresale, andreasonable profits.
(8) ThecomparisonbetweenthenormalvalueandthedumpingpriceunderthetextofArticle4-6(5)
oftheDecree, shall, inprinciple, bemade bymeans ofaweighted average ofvolume andprices.
(9) Theprice adjustment duetoadifference inphysical characteristics under thelatter partof
Article 4-6(5)oftheDecree shallbebased ontheimpact ofsuchphysical characteristics onthemarket
price ofthesupplying country, provided that,incases where materials onthemarket price ofthe
supplying country arenotavailable orareimproper forthepurpose ofpricecomparison, theadjustmentG/ADP/N/1/KOR/2
Page17
maybebased onthedifference inthecosts ofproduction duetoadifference inthephysical
characteristics.
(10) Theprice adjustment duetoadifference inquantities ofsaleunder thelatter partof
Article 4-6(5)oftheDecree shallbeconfined tothecases where there exists asaving inthecosts
ofproduction duetomassive production orwhere thereexists adiscount duetoamassive saleoffered
toallthepurchasers intheordinary course oftrade.
(11) Theprice adjustment duetoadifference intheconditions ofsaleunder thelatter partof
Article 4-6(5)oftheDecree shallbeconfined tothecasewhere suchconditions ofsalehavesuch
adirect relationship tothesaleprice astogiveanimpact thereon.
(12) Thepriceadjustment duetofluctuations ofexchange ratesunder thelatterpartofArticle 4-6(5)
oftheDecree shallbeconfined tothecases ofconsistent regular movements ofexchange rates.
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 adamage
totheinterest ofthepresenters oftheinterested parties:
1. Costs ofproduction;
2. Accounting materials which havenotbeenmade 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,
itshallnotify theMinister ofFinance andEconomy oftheschedule andresults thereof.
(3) Aperson whowishes toextend theapplication period fortheprovisional measures under the
provision ofArticle 4-10(2)shallmake suchanapplication atleasttendaysprior totheexpiry date
ofsuchprovisional measures.
Article 4-6(Imposition oftheAnti-Dumping Duty)
(1) Theanti-dumping dutyunder Article 10(1)oftheActshallbeimposed according toanyof
thefollowing methods:
1. Where theanti-dumping dutyisimposed byafixed ratemethod: customs value
multiplied bythedetermined ratewhich doesnotexceed thedumping ratethatis
calculated according tothefollowing formula; and
dumping rate=adjusted normal value -adjusted dumping price x100
customs value
2. Baseimport price method: thebaseimport price, asprescribed inArticle 4-9(4)of
theDecree, minus customs value.G/ADP/N/1/KOR/2
Page18
(2) Incalculating theweighted average anti-dumping dutyrateorthebaseimport price under
Article 4-9(2),theweight maybeplaced oneachsuppliers volume ofexport. Inthisrespect, any
margin ofdumping lessthan2percentofthedumping price maybedisregarded.
(3) TheMinister ofFinance andEconomy shallcarryoutaninvestigation against suchnewsupplier,
asprescribed intheprovision ofArticle 4-9(3),onamore accelerated basisthananinvestigation under
Article 4-4oftheDecree. Inthiscase, theinvestigation onmaterial injury, etc.,maybesubstituted
byaninvestigation ofmaterial injury, etc.,against thesupplying country.
Article 4-7(Undertakings toRevise thePrice andtoIncrease Exports, etc.)
(1) Where anexporter wishes topropose undertakings totheTrade Commission pursuant to
Article 4-11(1)oftheDecree, suchundertakings shallinclude thefollowing items:
1. Anundertaking thattheexporter willincrease theexport price toalevelwhich may
eliminate material injury, etc., orwillcease exporting within such aperiod as
determined afteraconsultation withtheMinister ofFinance andEconomy.
2. Information ontheproducts which arecontracted onorshipped priortotheacceptance
oftheundertaking;
3. Anundertaking thattheexporter willnottakeanyaction toevade theperformance
oftheundertaking through achange intype, shape, name, etc.,orthrough asaleof
inferior products, etc.;
4. Anundertaking thattheexporter willnotinfactviolate theundertaking byasale
through athirdcountry orathirdparty, etc.;
5. Anundertaking thattheexporter willperiodically report totheMinister ofFinance
andEconomy withregard tothesalesvolume andprice intheexporting country and
export volume andprice fortheexports toKorea;
6. Anundertaking thataverification oftherelated materials willbeallowed; and
7. Anundertaking torenegotiate upondemand bytheMinister ofFinance andEconomy
intheevent ofother changes inthecircumstances.
(2) Before accepting undertakings, theMinister ofFinance andEconomy, asprescribed in
Article 4-11(2)oftheDecree, mayaskforopinions oftheTrade Commission, thehead ofthe
administrative agency concerned andtheinterested parties.
(3) TheMinister ofFinance andEconomy mayrefuse toaccept anundertaking pursuant to
Article 4-11(4)inanyofthefollowing cases:
1. Where aperson whoproposed anundertaking onbehalf ofanumber ofexporters fails
toprove thatanentire agreement among suchexporters hasbeenconcluded;
2. Where there exists acondition which maymake difficult anappropriate confirmation
orinvestigation ontheperformance ofsuchundertakings; and
3. Where there exists reasonable grounds torefuse toaccept theundertaking, suchas
ahistory ofviolation ofundertakings inthepast,etc.G/ADP/N/1/KOR/2
Page19
(4) Asprescribed inArticle 4-11(3)oftheDecree, theexporter whohasreceived theproposal
ofundertakings fromtheMinister ofFinance andEconomy shallnotify whether ornotaccepting such
aproposal within onemonth.
Article 4-8(Request foraReview)
Interested parties entitled torequest areview shallbeasfollows:
1. Domestic producers ofthelikeproduct ortheirorganizations;
2. Producers, suppliers, orimporters oftheproduct subject toanti-dumping measures
ortheirorganizations; and
3. Other persons whotheMinister ofFinance andEconomy deems tohaveaninterest.
Article 4-9(Request forConfidential Treatment ofInterested Parties)
(1) Among materials presented under Article 4-21oftheDecree, thematerial which isrequested
tobetreated inconfidence bytheperson whosubmitted itwithajustifiable reason, shallnotbedisclosed
without anexpress consent oftheperson whopresented suchmaterials.
(2) Materials which aretreated inconfidence under paragraph (1)shallbeapplicable tothecases
asreferred toinArticle 4-5.