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Paragraph 3 Issuance and validity of a recommendation

Original text. Later amendments are not shown.

(1)

Recommending Agencies will issue a Korea-EU FTA TRQs Import Recommendation (hereinafter referred to as ‘Recommendation’) following an auction or a licence application.

(2)

Recommendations to the applicants shall be issued within two calendar days provided the submitted TRQs Recommendation application meets the Recommendation requirements.

(3)

A Recommendation for TRQs import will be valid for 90 days. The validity period may be extended for another 30 days, but cannot exceed the last day of the execution year referred to in Annex 2-A, point 5 of the Korea-EU Free Trade Agreement.