Common use of Committee on Trade in Goods Clause in Contracts

Committee on Trade in Goods. 1. The Parties hereby establish a Committee on Trade in Goods comprising officials of each Party. The meetings of the Committee and any ad-hoc working group shall be coordinated by the Ministry of Foreign Affairs and Trade of Korea and the Ministry of Foreign Trade and Tourism of Peru, or their respective successors. 2. The Committee shall meet upon request of a Party or the Joint Commission to consider matters arising under this Chapter, Chapter Three (Rules of Origin), Four (Origin Procedures) or Five (Customs Administration and Trade Facilitation). 3. The Committee's functions shall include, inter alia: (a) promoting trade in goods between the Parties, including through consultations on accelerating, or broadening the scope of, tariff elimination under this Agreement and other issues as appropriate; (b) addressing barriers to trade in goods between the Parties, especially those related to the application of non-tariff measures, and, if appropriate, referring such matters to the Joint Commission for its consideration; 3 Korea confirms that no subsidized agricultural goods is or will be exported to Peru. (c) reviewing the future amendments to the HS to ensure that each Party's obligations under this Agreement are not altered, and consulting to resolve any conflicts between: (i) subsequent amendments to HS 2007 and Annex 2B; or (ii) Annex 2B and national nomenclatures; (d) consulting on and endeavoring to resolve any difference that may arise between the Parties on matters related to the classification of goods under the HS; (e) consulting on matters related to this Chapter in coordination with other committees, working groups or any other bodies established under this Agreement; and (f) establishing ad-hoc working groups with specific commands. 4. The Committee shall meet at least once a year unless otherwise agreed by the Parties. When special circumstances arise, the Committee shall meet at any time upon request of a Party. 5. The Parties hereby establish an ad-hoc Working Group on Trade in Agricultural and Fishery Goods. In order to solve any obstacle to the trade of agricultural and fishery goods between the Parties, the ad-hoc Working Group shall meet upon request of a Party. The ad-hoc Working Group shall report to the Committee on Trade in Goods.

Committee on Trade in Goods. 1. The Parties hereby establish a Committee on Trade in Goods Goods, comprising officials representatives of each Party. The meetings of the Committee and any ad-hoc working group shall be coordinated by the Ministry of Foreign Affairs and Trade of Korea and the Ministry of Foreign Trade and Tourism of Peru, or their respective successors. 2. The Committee shall meet upon on request of a Party or the Joint Commission to consider matters arising under this Chapter, Chapter Three and Chapter 7 (Rules of Origin), Four (Origin Procedures) or Five (Customs Administration and Trade FacilitationRemedies). 3. The Committee's functions shall include, inter alia: (a) promoting trade in goods between the Parties, including through consultations on accelerating, or broadening the scope of, tariff accelerating elimination of customs duties under this Agreement and other issues as appropriate; (b) addressing barriers to trade in goods between the Parties, especially those related to the application of non-non- tariff measures, and, if appropriate, referring such matters to the Joint Commission for its consideration; 3 Korea confirms that no subsidized agricultural goods is or will be exported to Peru. (c) reviewing the future amendments to the HS Harmonized System to ensure that each Party's obligations under this Agreement are not altered, and consulting to resolve any conflicts between: (i) subsequent such amendments to HS 2007 the Harmonized System and Annex 2B2-A; or (ii) Annex 2B 2-A and national nomenclatures; and (d) consulting on and endeavoring to resolve any difference that may arise between among the Parties on matters related to the classification of goods under the HS; (e) consulting on matters related to this Chapter in coordination with other committees, working groups or any other bodies established under this Agreement; and (f) establishing ad-hoc working groups with specific commandsHarmonized System. 4. The Committee shall meet at least once a year unless otherwise agreed by the Parties. When special circumstances arise, the Committee shall meet at any time upon request of a Party. 5. The Parties hereby establish an ad-hoc Working Group on Trade in Agricultural and Fishery Goods. In order to solve address any obstacle to the trade of agricultural and fishery goods between the Parties, 1 The Parties confirm that no subsidized agricultural goods are exported to the other Party. The Parties will consult with a view to resolving issues related to agricultural export subsidies upon request of a Party. the ad-hoc Working Group shall meet upon request of a Party. The ad-hoc Working Group shall report to the Committee on Trade in Goods.