Paragraph 4 Publishing information on TRQ administration

The guidelines of the Ministry of Agriculture, Food and Rural Affairs of Korea (hereinafter referred to as ‘MAFRA’) and specific guidelines of Recommending Agencies will be published on their respective websites.

The Recommending Agencies will publish on a regular basis on their websites information that includes public notice for licence applications and auctions, license allocation and auction periods, allocated quantities, remaining quantities available for each TRQ and the planned date of the next auction/licensing period.

The basic criteria for auctions including eligibility, payment and return of deposit, auction dates, auction code and information will be contained in the specific guidelines by the Korea Agro-Fisheries & Food Trade Corporation or in the general instructions to bidders for each auction.