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Korea - United Arab Emirates CEPA (2024)
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Article Article 17.1: Joint Committee

The Parties hereby establish a Joint Committee.

The Joint Committee:

shall be composed of representatives of the UAE and Korea; and

may establish standing or ad hoc committees or working groups and assign any of its powers thereto.

The Joint Committee shall meet within one year from the entry into force of this Agreement. Thereafter, it shall meet every two years unless the Parties agree otherwise, to consider any matter relating to this Agreement. The regular sessions of the Joint Committee shall be held alternately in the territories of the Parties.

The Joint Committee shall also hold special sessions without undue delay from the date of a request thereof from either Party.

The functions of the Joint Committee shall be as follows:

to review and assess the results and overall operation of this Agreement in the light of the experience gained during its application and its objectives;

to consider any amendments to this Agreement that may be proposed by either Party, including the modification of concessions made under this Agreement;

to endeavor to amicably resolve disputes between the Parties arising from the interpretation or application of this Agreement;

to supervise and coordinate the work of all committees and working groups established under this Agreement;

to consider any other matter that may affect the operation of this Agreement;

if requested by either Party, to propose a mutually agreed interpretation to be given to the provisions of this Agreement;

to adopt decisions or make recommendations as envisaged by this Agreement; and

to carry out any other functions as may be agreed by the Parties.

The Joint Committee shall establish its own rules of working procedures.

Meetings of the Joint Committee and of any standing or ad hoc committees or working groups may be conducted in person or by any other means as determined by the Parties.

The Joint Committee shall take decisions and make recommendations by mutual agreement.

Article Article 17.2: Communications

Each Party shall designate a contact point to receive and facilitate official communications between the Parties on any matter relating to this Agreement.

All official communications in relation to this Agreement shall be in the English language.

Chapter CHAPTER EIGHTEEN FINAL PROVISIONS

Article Article 18.1: Annexes, Appendices, Side Letters, and Footnotes

The Annexes, Appendices, Side letters, and footnotes to this Agreement constitute an integral part of this Agreement.

Article Article 18.2: Amendments

Either Party may submit proposals for amendments to this Agreement to the Joint Committee for consideration and recommendation.

Amendments to this Agreement shall, after recommendation by the Joint Committee, be submitted to the Parties for ratification, acceptance, or approval in accordance with the constitutional requirements or legal procedures of each Party.

Amendments to this Agreement shall enter into force in the same manner as provided for in Article 18.5, unless otherwise agreed by the Parties.

Article Article 18.3: Accessions

Any country or group of countries may accede to this Agreement subject to such terms and conditions as may be agreed between the country or group of countries and the Parties and following approval in accordance with the applicable legal requirements and procedures of each Party and acceding country.

Article Article 18.4: Duration and Termination

This Agreement shall be valid for an indefinite period.

Either Party may terminate this Agreement by written notification to the other Party, and such termination shall take effect six months after the date of the notification.

Article Article 18.5: Entry Into Force

The Parties shall ratify this Agreement in accordance with their domestic legal procedures.

When a Party has ratified this Agreement in accordance with its domestic legal procedures, that Party shall notify the other Party of such ratification, approval, or acceptance in writing, through diplomatic channels, within a period of 60 days from such ratification.

Unless the Parties agree otherwise, where both Parties have notified each other of such ratification, approval, or acceptance, this Agreement shall enter into force on the first day of the second month following the date of receipt of the last written notification.

Article Article 18.6: Authentic Texts

This Agreement is done in duplicate in the Korean, Arabic, and English languages. All texts shall be equally authentic. In case of any divergence, the English text shall prevail.

IN WITNESS WHEREOF, the undersigned, being duly authorized by their respective Governments, have signed this Agreement.

DONE at [ ], on the [ ] day of [ ], in duplicate, in the Korean, Arabic and English languages.

For the Government of the Republic of Korea

For the Government of the United Arab Emirates

Previous page Page 16
  • Chapter   ONE INITIAL PROVISIONS AND GENERAL DEFINITIONS 1
  • Article   1.1 General Definitions 1
  • Article   1.2 Establishment of the Free Trade Area 1
  • Article   1.3 Objectives 1
  • Article   1.4 Geographical Scope 1
  • Article   1.5 Relation to other Agreements 1
  • Article   1.6 Regional and Local Government 1
  • Article   1.7 Transparency 1
  • Article   1.8 Confidential Information 1
  • Chapter   TWO TRADE IN GOODS 1
  • Article   2.1 Definitions 1
  • Article   2.2 Scope and Coverage 1
  • Article   2.3 National Treatment on Internal Taxation and Regulation 1
  • Article   2.4 Reduction or Elimination of Customs Duties 1
  • Article   2.5 Acceleration or Broadening of Tariff Commitments 1
  • Article   2.6 Classification of Goods and Transposition of Schedules 1
  • Article   2.7 Import and Export Restrictions 1
  • Article   2.8 Import Licensing 1
  • Article   2.9 Customs Valuation 1
  • Article   2.10 Export Subsidies 1
  • Article   2.11 Measures to Safeguard the Balance-of-Payments 1
  • Article   2.12 Administrative Fees and Formalities 1
  • Article   2.13 Non-Tariff Measures 1
  • Article   2.14 State Trading Enterprises 1
  • Article   2.15 Temporary Admission of Goods (2) 1
  • Article   2.16 Goods Re-Entered after Repair or Alteration 1
  • Article   2.17 Duty-Free Entry of Commercial Samples of Negligible Value and Printed Advertising Materials (4) 1
  • Article   2.18 Committee on Trade In Goods 1
  • Chapter   THREE RULES OF ORIGIN 2
  • Article   Article 3.1: Definitions 2
  • Article   Article 3.2: Originating Goods 2
  • Article   Article 3.3: Wholly Obtained Goods 2
  • Article   Article 3.4: Sufficient Working or Processing 2
  • Article   Article 3.5: Intermediate Goods 2
  • Article   Article 3.6: Accumulation 2
  • Article   Article 3.7: Tolerance 2
  • Article   Article 3.8: Insufficient Working or Processing 2
  • Article   Article 3.9: Indirect Materials 2
  • Article   Article 3.10: Accessories, Spare Parts, Tools 2
  • Article   Article 3.11: Packaging Materials and Containers for Retail Sale 2
  • Article   Article 3.12: Unit of Qualification 2
  • Article   Article 3.13: Packaging Materials and Containers for Transportation and Shipment 2
  • Article   Article 3.14: Fungible Goods and Materials 2
  • Article   Article 3.15: Sets of Goods 2
  • Article   Article 3.16: Principle of Territoriality 2
  • Article   Article 3.17: Transit and Transshipment 2
  • Article   Article 3.18: Free Zones 3
  • Article   Article 3.19: Proof of Origin 3
  • Article   Article 3.20: Certificate of Origin 3
  • Article   Article 3.21: Electronic Origin Data Exchange System 3
  • Article   Article 3.22: Origin Declaration 3
  • Article   Article 3.23: Claim for Preferential Tariff Treatment 3
  • Article   Article 3.24: Post-Importation Claims for Preferential Tariff Treatment 3
  • Article   Article 3.25: Denial of Preferential Tariff Treatment 3
  • Article   Article 3.26: Verification 3
  • Article   Article 3.27: Third Party Invoicing 3
  • Article   Article 3.28: Record Keeping Requirement 3
  • Article   Article 3.29: Confidentiality 3
  • Article   Article 3.30: Contact Points 3
  • Article   Article 3.31: Mutual Assistance 3
  • Article   Article 3.32: Consultation and Modifications 3
  • Chapter   FOUR CUSTOMS PROCEDURES AND TRADE FACILITATION 3
  • Article   Article 4.1: Definitions 3
  • Article   Article 4.2: Scope 3
  • Article   Article 4.3: General Provisions 3
  • Article   Article 4.4: Publication and Availability of Information 3
  • Article   Article 4.5: Risk Management 3
  • Article   Article 4.6: Paperless Communications 3
  • Article   Article 4.7: Advance Rulings 3
  • Article   Article 4.8: Penalties 4
  • Article   Article 4.9: Release of Goods 4
  • Article   Article 4.10: Authorized Economic Operators 4
  • Article   Article 4.11: Border Agency Cooperation 4
  • Article   Article 4.12: Express Shipments 4
  • Article   Article 4.13: Post-clearance Audit 4
  • Article   Article 4.14: Review and Appeal 4
  • Article   Article 4.15: Customs Cooperation 4
  • Article   Article 4.16: Confidentiality 4
  • Article   Article 4.17: Committee on Origin and Customs Procedures 4
  • Chapter   FIVE SANITARY AND PHYTOSANITARY MEASURES 4
  • Article   5.1 Definitions 4
  • Article   5.2 Objectives 4
  • Article   5.3 Scope 4
  • Article   5.4 General Provisions 4
  • Article   5.5 Contact Points and Competent Authorities 4
  • Chapter   SIX TECHNICAL BARRIERS TO TRADE 4
  • Article   6.1 Definitions 4
  • Article   6.2 Objectives 4
  • Article   6.3 Scope 4
  • Article   6.4 Affirmation of the TBT Agreement 4
  • Article   6.5 International Standards 4
  • Article   6.6 Technical Regulations 4
  • Article   6.7 Conformity Assessment Procedures 4
  • Article   6.8 Cooperation 4
  • Article   6.9 Transparency 4
  • Article   6.10 Committee on TBT 4
  • Article   6.11 Information Exchange and Technical Discussions 5
  • Chapter   SEVEN TRADE REMEDIES 5
  • Article   Article 7.1: Scope 5
  • Article   Article 7.2: General Provisions 5
  • Article   Article 7.3: Notification and Consultation 5
  • Article   Article 7.4: Lesser Duty Rule 5
  • Article   Article 7.5: Non-Application of Dispute Settlement 5
  • Article   Article 7.6: Definitions 5
  • Article   Article 7.7: Application of Bilateral Safeguard Measures 5
  • Article   Article 7.8: Notification and Consultation 5
  • Article   Article 7.9: Conditions and Limitations 5
  • Article   Article 7.10: Provisional Measures 5
  • Article   Article 7.11: Compensation 5
  • Article   Article 7.12: Global Safeguard Measures 5
  • Article   Article 7.13: Non-Application of Dispute Settlement 5
  • Article   Article 7.14: Cooperation on Trade Remedies 5
  • Chapter   EIGHT TRADE IN SERVICES 5
  • Article   8.1 Definitions 5
  • Article   8.2 Scope and Coverage 5
  • Article   8.3 Market Access 6
  • Article   8.4 National Treatment 6
  • Article   8.5 Additional Commitments 6
  • Article   8.6 Schedules of Specific Commitments 6
  • Article   8.7 Most-Favored Nation Treatment 6
  • Article   8.8 Modification of Schedules 6
  • Article   8.9 Domestic Regulation 6
  • Article   8.10 Recognition 6
  • Article   8.11 Payments and Transfers 6
  • Article   8.12 Restrictions to Safeguard the Balance-of-Payments 6
  • Article   8.13 Monopolies and Exclusive Service Suppliers 6
  • Article   8.14 Business Practices 6
  • Article   8.15 Denial of Benefits 6
  • Article   8.16 Review 7
  • Article   8.17 Committee on Trade In Services 7
  • Annex 8-A  Financial Services (1) 7
  • Annex 8-B  Telecommunications  (1) 7
  • ANNEX X-C  Movement of Natural Persons Supplying Services (1) 8
  • Chapter   NINE DIGITAL TRADE 8
  • Article   9.1 Definitions 8
  • Article   9.2 Objectives 8
  • Article   9.3 Scope and General Provisions 8
  • Article   9.4 Customs Duties 8
  • Article   9.5 Non-discriminatory Treatment of Digital Products 8
  • Article   9.6 Domestic Electronic Transactions Framework 8
  • Article   9.7 Electronic Authentication and Electronic Signatures 8
  • Article   9.8 Paperless Trading 8
  • Article   9.9 Online Consumer Protection 8
  • Article   9.10 Personal Data Protection 8
  • Article   9.11 Principles on Access to and Use of the Internet for Digital Trade 8
  • Article   9.12 Unsolicited Commercial Electronic Messages 8
  • Article   9.13 Article 9.13: Cross-Border Flow of Information  (6) 8
  • Article   9.14 Location of Computing Facilities  (7) 9
  • Article   9.15 Open Government Data 9
  • Article   9.16 Digital Government 9
  • Article   9.17 Electronic Invoicing 9
  • Article   9.18 Electronic Payments 9
  • Article   9.19 Digital Identities 9
  • Article   9.20 Cooperation 9
  • Article   9.21 Cybersecurity 9
  • Article   9.22 FinTech Cooperation 9
  • Article   9.23 Artificial Intelligence 9
  • Chapter   TEN INTELLECTUAL PROPERTY 9
  • Article   Article 10.1: Definitions 9
  • Article   Article 10.11: Cooperation Activities and Initiatives 9
  • Article   Article 10:12 Types of Signs Registrable as Trademarks 9
  • Article   Article 6 Bis of the Paris Convention Shall Apply, Mutatis Mutandis, to Goods or Services That Are Not Identical or Similar to Those Identified by a Well-known Trademark,2 Whether Registered or Not, Provided That Use of That Trademark In Relation to Those Goods or Services Would Indicate a Connection between Those Goods or Services and the Owner of the Trademark, and Provided That the Interests of the Owner of the Trademark Are Likely to Be Damaged by such Use. 10
  • Article   Article 10.25: Protection of Geographical Indications 10
  • Article   Article 10.28: Patentable Subject Matter 10
  • Article   Article 10.33: Protection of Undisclosed Test or other Data for Pharmaceutical Products 10
  • Article   Article 10.34: Industrial Design Protection 10
  • Article   Article 10.39: Protection of Copyright and Related Rights 10
  • Article   Articles 1 Through 22 of the Rome Convention; 10
  • Article   Articles 1 Through 18 of the Berne Convention; 10
  • Article   Articles 1 Through 14 of the WCT; and 10
  • Article   Articles 1 Through 23 of the WPPT. 10
  • Article   Article 10.46: General Obligation In Enforcement 10
  • Chapter   ELEVEN GOVERNMENT PROCUREMENT 10
  • Chapter   TWELVE COOPERATION ON INVESTMENT FACILITATION 12
  • Article   12.1 Objectives 12
  • Article   12.2 Cooperation Activities 12
  • Article   12.3 Committee on Investment Facilitation 13
  • Article   12.4 Non-application of Chapter Fifteen (Dispute Settlement) 13
  • Chapter   THIRTEEN ECONOMIC COOPERATION 13
  • Article   Article 13.1: Objectives 13
  • Chapter   FOURTEEN SMALL AND MEDIUM-SIZED ENTERPRISES 13
  • Article   14.1 General Principles 13
  • Article   14.2 Cooperation to Increase Trade and Investment Opportunities for SMEs 13
  • Article   14.3 Information Sharing 13
  • Article   14.4 Committee on SME Issues 14
  • Article   14.5 Non-Application of Chapter Fifteen (Dispute Settlement) 14
  • Chapter   FIFTEEN DISPUTE SETTLEMENT 14
  • Article   Article 15.1: Objective 14
  • Article   Article 15.2: Cooperation 14
  • Article   Article 15.3: Scope of Application 14
  • Article   Article 15.4: Contact Points 14
  • Article   Article 15.5: Request for Information 14
  • Article   Article 15.6: Consultations 14
  • Article   Article 15.7: Good Offices, Conciliation, or Mediation 14
  • Article   Article 15.8: Establishment of a Panel 14
  • Article   Article 15.9: Composition of a Panel 14
  • Article   Article 15.10: Decision on Urgency 14
  • Article   Article 15.11: Requirements for Panelists 14
  • Article   Article 15.12: Replacement of Panelists 14
  • Article   Article 15.13: Functions of the Panel 14
  • Article   Article 15.14: Terms of Reference 14
  • Article   Article 15.15: Rules of Interpretation 14
  • Article   Article 15.16: Procedures of the Panel 14
  • Article   Article 15.17: Receipt of Information 14
  • Article   Article 15.18: Interim Report 14
  • Article   Article 15.19: Final Report 14
  • Article   Article 15.20: Implementation of the Final Report 14
  • Article   Article 15.21: Reasonable Period of Time for Compliance 14
  • Article   Article 15.22: Compliance Review 14
  • Article   Article 15.23: Temporary Remedies In Case of Non-Compliance 15
  • Article   Article 15.24: Review of Any Measure Taken to Comply after the Adoption of Temporary Remedies 15
  • Article   Article 15.25: Suspension and Termination of Proceedings 15
  • Article   Article 15.26: Choice of Forum 15
  • Article   Article 15.27: Costs 15
  • Article   Article 15.28: Mutually Agreed Solution 15
  • Article   Article 15.29: Time Periods 15
  • Article   Article 15.30: Annexes 15
  • Chapter   CHAPTER SIXTEEN EXCEPTIONS 15
  • Article   Article 16.1: General Exceptions 15
  • Article   Article 16.2: Security Exceptions 15
  • Article   Article 16.3: Taxation 15
  • Chapter   CHAPTER SEVENTEEN ADMINISTRATION OF THE AGREEMENT 16
  • Article   Article 17.1: Joint Committee 16
  • Article   Article 17.2: Communications 16
  • Chapter   CHAPTER EIGHTEEN FINAL PROVISIONS 16
  • Article   Article 18.1: Annexes, Appendices, Side Letters, and Footnotes 16
  • Article   Article 18.2: Amendments 16
  • Article   Article 18.3: Accessions 16
  • Article   Article 18.4: Duration and Termination 16
  • Article   Article 18.5: Entry Into Force 16
  • Article   Article 18.6: Authentic Texts 16
    • Name
    Korea - United Arab Emirates CEPA (2024)
    PDF Link
    Korea - United Arab Emirates CEPA (2024)
    Signed date
    29 / May / 2024
    Treaty type
    Other International Investment Agreements
    Origin language
    en,ko
    Party ISO codes
    ARE,KOR
    Relationship with other documents
    Type Agreements Date of signature Date of entry in force
    IT_OVERLAP Korea, Republic of - United Arab Emirates BIT (2002) 09 / Jun / 2002 15 / Jun / 2004
    IT_OVERLAP Investment Facilitation for Development (2024)
    PDF
    PDF
    Original PDF
    Original PDF