Korea made a significant progress towards the OAA(Osaka Action Agenda) objectives and Bogor goals through the implementation of IAPs(Individual Action Plan) 1996 to 1998. Korea removed its barriers to trade and investment in various areas, enhanced transparency, took policy reforms, and amended the laws and regulations to achieve the OAA Objectives and Bogor Goals. Korea's performances in non-tariff measures and investment are outstanding.
Performances in Services, Standard and Conformance, Government Procurement, and Mobility of Business People are also noteworthy. However, Korea needs to do better in the areas of Intellectual Property Rights, Deregulation, and Rules of Origin.

Executive Summary

A. General Review

B. Review by Issue Area

Ⅰ. Tariffs / In-Kyo Cheong
Ⅱ. Non-Tariff Measures / Hyungdo Ahn
Ⅲ. Services / Keuk-Je Sung
Ⅳ. Investment / Hongyul Han
Ⅴ. Standards and Conformance / Hyo-Sung Yim
Ⅵ. Customs Procedures / Kyung Hee LeeㅗIn-Kyo Cheong
Ⅶ. Intellectual Property Rights / Ae-Ri Kim
Ⅷ. Competition Policy / Mikyung Yun
Ⅸ. Government Procurement / Jun-Sok Yang
Ⅹ. Deregulation / June-Mo Jeon
XI. Rules of Origin / Hongyul Han
XII. Dispute Mediation / Wook Chae
XIII. Mobility of Business People / Hyungdo Ahn
XIV. Uruguay Round Implementation / Keuk-Je Sung