Global Trade Alert
Global Trade Alert

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Republic of Korea: Increased foreign ownership limits in the telecom sector

Description

On 13 August 2013, the Telecommunications Business Act was amended. Foreign investors from FTA partners are henceforth allowed to indirectly own up to 100% of Korean facility-based telecommunication b...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

13 Aug 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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