These Regulations are enacted pursuant to Paragraph 2 of Article 15 of the Foreign Trade Act (hereinafter referred to as "the Act").

Regarding these regulations of the competent authority of the Ministry of Economic Affairs (hereinafter referred to as MOEA), such affairs shall be implemented by the International Trade Administration (hereafter referred to as TITA), MOEA.

The term "licensing" as used herein means issuance of import permits by TITA or any organization authorized by it. The term "exemption of licensing" as used herein means exemption of an import permit.

The term "a firm" as used herein means an exporter/importer duly registered with TITA under the "Regulations Governing Registration of Exporters and Importers".

In respect to intellectual property rights affiliated with commodities, rules governing import of trademarks rights, patent rights, copyrights, and any other intellectual property rights protected by the laws enacted and the scope of such commodities shall be published by TITA after consultation with the relevant authorities.