Exports and imports of goods and the subsequent collection and payment of their costs shall be free in general, but, as an exception, approval of the Minister of Commerce, Industry and Energy is required for the goods necessary for carrying out the duties under treaties and the generally accepted international laws and regulations and for preserving biological resources.
A person who intends to export/import the goods with regard to which the Minister of Commerce, Industry and Energy has given a public notice as requiring marks of their places of origin so as to promote a fair trade order shall indicate the place of origin on those goods.
Trade in the Republic of Korea shall be based on the principle of free and fair trade in accordance with the treaties concerning trade which are concluded and promulgated under the Constitution and the generally accepted international rules.
When there is an application from a person who intends to export industrial equipment, the Minister of Commerce, Industry and Energy may approve the export of the industrial equipment in question.