o The business types which exclude the foreign investment are 63 such as public administration, foreign affairs, defense, etc. out of 1,121 business types in accordance with the Korean Standard Industrial Classification (the detailed classification: 5 units). And 1,058 business types excluding them are available to the foreign investment, which means the liberalization ratio for the foreign investment amount to 99.8% and is the level of OECD advanced countries’ openness.

– Fully open business types: 1,030

– Partially open business types: 26 (foreign investment available when * the allowance criteria are met)
– Not-open business types: 2 (as of December, 2007: radio broadcasting and television broadcasting)

o Notification in “Regulations on foreign investment and technology adoption“