Korean Trade Law encompasses the legal framework governing international trade in the Republic of Korea. It includes regulations on tariffs, import and export controls, and trade agreements, ensuring compliance with both domestic and international standards. The law aims to promote fair trade practices and protect local industries while facilitating global commerce. Key components of Korean Trade Law involve the Korea Customs Service and the Ministry of Trade, Industry and Energy, which oversee trade regulations and enforcement. Additionally, Korea is a member of various international organizations, such as the World Trade Organization, which influences its trade policies and practices.