The rules of origin are laid down in the Protocol concerning the definition of the concept of `originating products` and the method of administrative cooperation to the EU-South Korea Free Trade Agreement (OJ L 347, 24.12.2006, p. 1). OJ L 127, 14.5.2011, p. 1,344). The Free Trade Agreement covers all important areas of trade relations, including trade in goods, trade in services, government procurement, competition and intellectual property. A Joint Committee shall be set up to monitor the Agreement and a chapter shall provide for dispute settlement procedures. In addition, the EFTA States and Korea have concluded bilateral agreements on basic agricultural products. An investment agreement has been concluded between Korea, of the one part, and Iceland, Liechtenstein and Switzerland, of the other part. In addition, the trade agreement requires that subsidies be transparent. If the EU or South Korea use subsidies, they must report annually the total quantity, nature and supply of subsidies. A public electronic database containing registrations and registrations is at your disposal to verify trademarks.

The database also contains rights to registered and unregistered designs. Most industrial products, including fish and other seafood products, will have duty-free access to their markets from the entry into force of the agreement. For certain products imported into Korea, customs duties are to be abolished after a transitional period or after joint verification by the Parties (Annex V and Annex VI). The EU-South Korea trade agreement reduces the differences between the requirements for European and South Korean products by adopting the same international standards. You can benefit from a more open South Korean services market under the trade agreement. The EU-South Korea Free Trade Agreement promotes the enforcement of intellectual property rights by customs authorities and complements the minimum standards of the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). . . .

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