Ministry of Knowledge Economy Notification No. 2008 -85 
 
Foreign trade management regulations shall be amended and announced as follows:  
 
                                                                         _(day) _(month)  2008  
                                                                         Minister of Knowledge Economy  
 
                               Foreign Trade Management Regulations  
 
1. Amendment Reason  
 
Foreign trade management regulations shall be amended to complete the regulations and 
the application committed by the Foreign Trade Act and Enforcement Ordinance of the 
same Act including the expansion of the category of the services of which the export 
record is approved, the new designation or cancellation of the products obligated for t he 
indication of origin committed by the Foreign Trade Act and other modifications in terms.  
 
2. Summary  
 
A. Expansion of the category of the services approved by the Foreign Trade Management 
Act 
 
 -The export record approval for the service industry and t he support for trade finance 
shall be expanded by adding the electricity and communication industry, finance and 
insurance business, rental service, adverti sing business, business site management and 
maintenance service, the education service and health se rvice to the currently approved 
services (business management, law, accounting and taxation, engineering, design, 
computer design and consulting, the culture industry, the transportation industry and 
tourism) in accordance with Article 3 of the Foreign Tra de Act Enforcement Ordinance 
(Article 3.3)  
 
B. Introduction of additional designation of industry facility export encouragement 
organizations  
 
-The Korea Plant Industry Association shall be added to the Korea Machine Industry 
Promotion Society (Article 72)  
 
C. Amendment related to the indication of origin  
 
-A fire hose shall be added to the product list obligated for the indication of origin in 
order to prevent the export and the distribution of poor -quality fire hoses. (Chart 8 related 
to Article 75.1)  
-Chemical fertilizer ingredients (nitrogen, phosphoric acid, potassium) and mixed 
fertilizer, which meet the standard and regulation of fair trade order and consumer 
protection through the observance of international standard and the complete management of pr oduct quality and distribution, shall be exempted from the obligation of 
the indication of origin. (Chart 8 related to Article 75.1)  
-If there is little possibility to misunderstand the origin of the product judging from the 
appearance and the product obta ins the approval of both the Commissioner of Korea 
Customs Service and the Minister of Knowledge of Economy, the indication of the origin 
of the product may be shown on the minimum packing or the container. (Article 75.2)  
-Country names generally known and  accepted shall be used for the indication of origin. 
(Article 76.6)  
-Different text of the regulations related to the indication of the origin of the products 
produced in Korea using imported raw materials shall be combined. (Article 86.5)  
-In case of a s et of products, if the origins of the individual products are same and the 
products are purchased as a set by a final purchaser, the obligation of the indication of 
origin for the individual products shall be exempted. (Article 79.1)  
-If the manufacturing and processing procedure of raw materials affects the natural 
character of the raw materials, the actual modification of the character of the raw 
materials shall be examined even if there is no change in HS code (based on HS level 6).  
(Article 85.3)  
-The t ext of the regulations that is repetitive or contradictory to the aforementioned 
regulation, e.g. “the processing procedure that does not result in the change in HS level 6 
after manufacturing and processing shall be classified as a simple processing proce dure”, 
shall be deleted. (Article 85.8.4)  
 
D. Deletion of the field requiring ID number  
 
-In order to prevent ID theft, the field requiring ID number shall be deleted from a form 
in which ID number information is not practically necessary. (Format 1, 2 and  29 in the 
Attachment)  
 
E. Introduction of department name change in accordance with the reorganization of 
government organizations and other modifications in terms  
 
For the entire text of the Notification, please go to “Notification and Announcement” on 
the website of the Ministry of Knowledge Economy  (www.mke.go.kr).