G/LIC/N/2/KOR/3  
 
11 November  2019 
(19-7627) Page: 1/2 
Committee on Import Licensing  Original: English  
 
 
AGREEMENT ON IMPORT LICENSING PROCEDURES  
NOTIFICATION UNDER A RTICLE 5.1 TO 5.4 OF  THE AGREEMENT1 
REPUBLIC OF KOREA 
The following notification , dated 7 November 2019 , is being circulated at the request of the 
delegation of the Republic of Korea . 
 
 Category  Notification details  
1 Notifying Member  Republic of Korea  
2 Title of new 
legislation/procedure  Petroleum and Alternative Fuel Business Act  
3 Date of Publication  
 22/10/2004  
4 Date of entry into force  
 23/4/2005  
5 Website link/Official 
publication of the new 
regulation/procedure  http://www.law.go.kr/LSW/eng/engLsSc.do?menuId=2&query=PE T
ROLEUM%20AND%20ALTERNATIVE%20FUEL%20BUSINESS%20AC
T#liBgcolor2  
6 Have you attached a copy of 
the regulation (PDF) to the 
Secretariat  
 [X] Yes. ( Please attach a copy of the regulation to the notification. ) 
 
[ ] No.  
 
7 Type of notification  [ ] (a) New licensing regulation/procedure2; (please answer question 
8 to 14)  
 
[X] (b) Changes to a regulation/procedure which has been 
previously notified in document: G/LIC/N/3/KOR/11 ; (please answer 
question 15 and 16 ) 
8 List of products subject  to 
licensing  Please provide the HS codes and detailed descriptions of the 
products. In case of a long list, please attach the list as an Annex in 
MS WORD document.  
 
9 Nature of licensing  Automatic: [ ]  
 
Non-Automatic: [ ]  
10 Administrative 
purpose/measure being 
implemented  (a)  Protect public morals;  
(b)  Protect human, animal or plant life and health; protect 
environment;  
(c)  Collect trade statistics or market surveillance;  
(d)  Protection of patents, trademarks and copyrights, and 
the prevention of deceptive practices;  
                                              
1 It is understood that the notifying Member has also completed its notification obligations under 
Article  1.4(a) and Article 8.2(b) regarding the relevant law/regulation/procedure notified for by filling this form 
in a full and complete manner.  
2 "New licensing regulation/procedure" is understood to refer to  any newly introduced law, regulation or 
procedure, and those which are in force but being notified for the first time to the Committee.  
 G/LIC/N/2/KOR/3  
 
- 2 - 
 
   Category  Notification details  
(e)  Pursue obligations under the UN Charter and other 
international treaties ( i.e. CITES, Basel Convention, 
Rotterdam Convention, UNSC Resolutions etc.)  
(f)  Quota (including TRQ) administration;  
(g)  Regulate imports of arms, ammunition or fissionable 
materials and safeguard national security;  
(h)  Other: ______________ (please specify)  
 
11 Administrative body(ies) for  
submission of applications   
 Ministry/authority and Department: [ ]  
Address: [ ]  
Website: [ ]  
Telephone: [ ]  
E-Mail: [ ]  
12 Contact point for 
information on eligibility  Ministry/authority and Department: [ ]  
Address: [ ]  
Website: [ ]  
Telephone:  [ ]  
E-Mail: [ ]  
 
13 Expected duration of 
licensing procedure   
 
 
14 A summary of the 
notification in one of the 
WTO official languages    
 
 
 
15 In the case of 7(b), please 
indicate the type of new 
change(s)  (a)  Termination  
(b)  Suspension  
(c)  Modification of specific details in existing  
procedures:  
 Product coverage;  
 Administrative purpose;  
 Automatic or Non -automatic;  
 Duration of licensing;  
 Change the nature of quantity/value restriction;  
 Eligibility of applicants;  
 Contact information on eligibility;  
 Administrative body(ies) for submission of application;  
 Documentation requirements (including application form);  
 Period for Application;  
 Administrative body(ies) to issue licence;  
 Processing time for issuing licence;  
 Licence fee/administrative charge;  
 Deposit/advance payment and relevant conditions;  
 Appeal regulations/procedures;  
 Validity of licence;  
 Other conditions of licence (extension, transferability, 
penalty of non -use etc.);  
 Foreign exchange requirements;  
 Other: Modified only the English name of the legislation . 
 
 
16  Please elaborate the 
changes in detail (in one of 
the WTO official languages)  
 Modified to the official English name  disclosed at National Law 
Information :  
Petroleum and Petroleum Alternative Fuel Business Act has been 
changed to Petroleum and Alternative Fuel Business Act . 
 
 
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