International Trade
Global Guide 2024 : South Korea
Band 1
Email address
[email protected]Contact number
+ 82 2 3703 1114About
Provided by Kim & Chang
For over 40 years, Kim & Chang’s International Trade & Customs Practice has acquired an unparalleled level of experience in Korea.
The scope of our experience ranges from legal issues arising under the World Trade Organization (“WTO”) Agreement, free trade agreements (“FTA”), the Korean Customs Duties Law, the FTA Implementation Act, and the Foreign Exchange Transactions Law, to other customs- and trade-related treaties, laws and regulations.
Our International Trade & Customs Practice has earned a reputation as the leading Korean law firm assisting companies in developing and executing strategies to ensure market access, and to minimize international trade-related risks. We represent companies in a wide variety of industries on customs and trade matters. In bilateral and multilateral settings, we also provide legal advice to the Korean government in negotiations and dispute resolution proceedings.
Chambers Review
Kim & Chang's leading international trade law team in South Korea is known for handling a large volume of matters including customs, trade remedies, verification of origin and free trade agreements. The firm has a particular strength in anti-dumping matters. It works on behalf of both government entities and private companies, including metals producers, pharmaceutical companies, and oil and gas corporates. The practice is retained by local and international clients on inbound and outbound trade matters and is active advising on trade sanctions and export control issues. The team is well placed to advise on WTO dispute strategy. Its key clients include POSCO, KCC Glass, and Hyundai Electric and Energy Systems.
Work Highlights
- Kim & Chang represented NEXEN and Qingdao NEXEN Tire in an anti-dumping investigation before the US Commerce Department in connection with imported passenger vehicles and light truck tyres, including those from South Korea.
Strengths
Provided by Chambers
"The team are extremely knowledgeable on the matter. We also appreciate that attorneys and non-attorney advisers participate in the matter in order to give a broad perspective not only on the law but on our strategic approach to regulators."
"Kim & Chang shows superior skills and knowledge in solving legal and social problems locally and abroad due to its abundant legal knowledge and manpower infrastructure."
"The team are extremely knowledgeable on the matter. We also appreciate that attorneys and non-attorney advisers participate in the matter in order to give a broad perspective not only on the law but on our strategic approach to regulators."
"Kim & Chang shows superior skills and knowledge in solving legal and social problems locally and abroad due to its abundant legal knowledge and manpower infrastructure."
Notable Practitioners
Kim Juhong maintains a noteworthy practice in the international trade sphere. His practice is mainly focused on advice to high-profile international corporations on customs matters in South Korea, including customs audits and disputes.
"He has done an excellent job leading these matters, communicating the overall strategy and setting up a work plan, and giving us simple and clear guidance on the challenging questions. Kim Juhong has profound knowledge but also excellent communication ability."
Kim Seong Joong draws on his prior experience as a government official at the Ministry of Trade, Industry and Energy in South Korea. He is well placed to handle international trade dispute settlement mandates and represents clients in enforcement actions and investigations.
"Mr Kim is thoroughly versed in, and up to date on, the complicated technical aspects of these critical subjects. He is a problem solver who brings a practical and hands-on approach to pressing matters facing public and private clients. He is knowledgeable in how corporations need to adapt to the shifting global economic security landscape."