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Report on Investment and Trade Policies of the Republic of Korea
According to the government of the Republic of Korea (ROK), the negative lists of access management for foreign investment include two forms, restrictive ones and prohibitive ones. Relevant lists are issued by Ministry of Trade, Industry and Energy of Korea (MOTIE) in the form of announcements. The lists are made in accordance with basic laws, including “Foreign Investment Promotion Act” and its relevant rules and regulations for implementation, relevant regulations on foreign investment and technology introduction, as well as regulations on tax incentives for foreign investment. Other ordinances include Foreign Exchange Transaction Act, act on designation and operation of free trade zones, etc.
April02,2020
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