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http://www.scirp.org/journal/PaperInformation.aspx?PaperID=52517#.VJpSKcCAM4
Author(s)
Although the “tariff only” principle was adopted in
the Uruguay Round (UR) negotiations on agricultural products, Korea was
able to apply special treatment to its rice and postpone tariffication
of rice imports. After two decades of delay, the Korean government
officially announced its decision to open its rice market beginning in
2015. This paper examines whether it would be legally possible for the
Korean government to postpone the tariffication of rice imports beyond
2014. In order to address the question, this paper outlines the status
of Korean rice in the WTO for the last twenty years. Then, it analyzes
the arguments of those who are against tarifficating rice and of those
who are in support of it. Based on the analysis, it concludes that Korea
cannot postpone tariffication under Annex 5 of the Agreement on
Agriculture. While it may request for a waiver under Article IX of the
WTO Agreement, a careful and thorough examination is required to decide
whether to postpone the tariffication beyond 2014.
KEYWORDS
Cite this paper
Cho, Y. (2014). To Open or Not to Open: Korean Rice Market. Beijing Law Review, 5, 253-259. doi: 10.4236/blr.2014.54023.
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