This paper overviews the current conditions of trade related policies and institutions in Korea with an emphasis on sectoral approach, suggesting directions for improvement.

This paper covers a wide range of issues: trade related policies and institutions, trade and surrogate business, the import and export approval system, the import and export management system, state trade, liaison trade, tariffs, rules of origin, technical barriers to trade, government procurement, safeguard, subsidies and countervailing measures, export support system, industrial support system, the import and export exchange rate system, trade related investment system and intellectual property rights.