Global Trade Alert
Global Trade Alert

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

Announcement

13 Aug 2013

In August 2013, the government of Republic of Korea announced changed rules for foreign investors.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

13 Aug 2013

Revocation date:

No revocation date

Updated: 13 Aug 2013
FDI: Entry and ownership rule In force

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 telecommuni...

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