GCA | Korea KC Mark Certification

Proposed Ordinance to Amend Part of the Enforcement Rules of the Electrical Appliances and Household Products Safety Management Act   Portable ethanol stoves are currently not included in the safety management items regulated under the existing Electrical Appliances and Household Products Safety Management Act, meaning they are distributed without specific safety standards applied. Given the product's susceptibility to fire accidents and the ongoing safety incidents, there are plans to establish safety standards for these products to ensure consumer safety.   The "portable ethanol stove" item will be added to the list of household products that must comply with safety standards.   Comments can be submitted to the relevant authorities until August 14, 2024. 👉 Contact GCA Tel. +82-31-360-8180 Email: forest.lee@gca-kr.com GCA Global Website

  Pharmaceutical Approval and Review The Ministry of Food and Drug Safety announced the pilot operation of a new "Pharmaceutical Approval and Review Coordination Committee," which allows applicants to request adjustments when supplementary documentation is required during the pharmaceutical approval and review process. Documents eligible for coordination requests are those related to safety and efficacy review, quality review, and data protection status. The Ministry of Food and Drug Safety will select the agenda items for the coordination committee meetings after a preliminary review. However, cases where regulations are clear or where advice from the Central Pharmaceutical Affairs Council has been sought or deemed necessary are excluded from the preliminary review process. This coordination committee has been newly established to ensure greater transparency in the pharmaceutical product approval and review process. After a one-year trial period, a decision will be made on w

The 12th Korea-European Union Free Trade Agreement Goods Trade Committee was held   On June 12, the Ministry of Trade, Industry and Energy, and the Ministry of Food and Drug Safety of South Korea held a meeting with the European Union in Brussels to discuss the Free Trade Agreement. The Goods Trade Committee discussed tariff and non-tariff issues, reviewed the Korea-EU Free Trade Agreement's implementation, and explored solutions for market entry challenges faced by businesses from both regions.   At the meeting, South Korea highlighted the difficulties faced by Korean companies due to the EU's stringent environmental regulations, including the Battery Directive, Carbon Border Adjustment Mechanism, and Forest Conversion Prevention Law. This refers to regulations and laws designed to prevent the . The South Korean side emphasized the need for clearer regulations, recognition of diverse carbon reduction efforts, and improvements to reporting systems. They also discussed the EU

  South Korea and Nigeria signed a MOU The Ministry of Food and Drug Safety announced that, on the occasion of the Korea-Africa Summit, the Korea Ministry of Food and Drug Safety and the Nigerian Food and Drug Administration have signed a Memorandum of Understanding (MOU) to strengthen mutual cooperation in the field of medical products on the 7th. This Memorandum of Understanding (MOU) was established to promote cooperation and the exchange of technical knowledge regarding the safety of medical products. Both sides have agreed to promote the exchange of information on laws, regulatory systems, knowledge, and regulatory experiences in the field of medical products. They will also conduct regular meetings and exchange visits, provide education and consultation for regulatory agencies and industry, and cooperate to simplify the approval procedures for Korean medical products. 👉 Contact GCA Tel. +82-31-360-8180 Email: forest.lee@gca-kr.com GCA Global Website

South Korea is set to build its first 8-inch power semiconductor fab   South Korea's first 8-inch power semiconductor fab will be constructed in Busan, marking the initial investment following April's announcement of specialized support measures. This new 8-inch fab will increase productivity by approximately 1.8 times compared to the existing 6-inch versions.   On June 5th, Kang Kyung-sung, the First Vice Minister of Trade, Industry, and Energy, attended the groundbreaking ceremony for IQ Lab's new facility in the Busan Power Semiconductor Specialized Complex. IQ Lab is investing 100 billion won to build an 8-inch semiconductor factory for electric vehicles and plans to relocate its headquarters from the Seoul metropolitan area to Busan, aiming to become a comprehensive power semiconductor company.   Since its designation in July 2023, the Busan specialized complex for 8-inch factories has seen its total investment grow to 1.2 trillion won due to new commitment

  Circular Resource Utilization Product Labeling The "Circular Resource Utilization Product Labeling System" is a system that allows products using a certain percentage of quality-certified circular resources to be labeled as circular resource utilization products. Only products that have been confirmed to use 10% or more of quality-certified circular resources, based on the weight of the raw materials used in the manufacturing process per product, can be labeled as circular resource utilization products. Products that have been certified as circular resource utilization products can display the label "Circular Resource Utilization Product, Ministry of Environment" on their packaging or containers. This allows consumers to easily identify products that contribute to resource circulation, and it is expected to help companies promote their products. Korea Certification - EcoAS (K-RoHS | Recycling | K-WEEE) 👉 Contact GCA Tel. +82-31-360-8180 Email: forest.lee@gca-kr.c

  Korea-Indonesia MRA Signing The Ministry of Science and ICT announced on May 27, 2024, that it had signed Phase 1 of the Mutual Recognition Agreement (MRA) for Electromagnetic Compatibility (EMC) evaluation with Indonesia. This MRA was signed to alleviate the inconveniences and cost burdens faced by Korean ICT companies when exporting. With this agreement, companies can use the conformity assessment test reports obtained domestically to receive certification from the Indonesian government, enabling them to export immediately. This will shorten the product launch period and reduce testing costs by approximately 65%, thereby enhancing global competitiveness. Currently, Korea has signed Phase 1 MRAs with 31 countries, including the United States, Vietnam, Chile, the United Kingdom, and the EU (27 countries). Additionally, Korea has signed a Phase 2 MRA with Canada. ※ Mutual Recognition of KC Certification and CE, FCC Certification 👉 Contact GCA Tel. +82-31-360-8180 Email: forest.lee@gc