DRAFT

DECISION No … OF THE EU-KOREA TRADE COMMITTEE

of

on the establishment of a list of arbitrators referred to in Article 14.18 of the Free Trade Agreement between the European Union and its Member States, of the one part, and the Republic of Korea, of the other part

THE TRADE COMMITTEE,

Having regard to the Free Trade Agreement between the European Union and its Member States, of the one part, and the Republic of Korea, of the other part, signed in Brussels on 6 October 2010 (‘the Parties’ and ‘the Agreement’), and in particular Article 14.18 thereof,

Whereas:

(1) The Agreement provides for a dispute settlement mechanism whereby disputes are solved through recourse to a panel of arbitrators.

(2) In the event of a dispute, the Parties shall consult in order to reach an agreement on the composition of the arbitration panel and, failing this agreement, the panel shall be composed by drawing lots from a list of names.

(3) Such list of names shall be established by the Trade Committee in accordance with Article 14.18 of the Agreement.

(4) The Parties have agreed on a list of 15 names,

HAS ADOPTED THIS DECISION:

Article 1 U.K.

The list of 15 arbitrators is set out in the Annex to this Decision.

Article 2 U.K.

This Decision shall enter into force on the date of its adoption.

Done at …, …

For the Trade Committee

Minister for Trade of the Republic of Korea

Kim Jong-Hoon

Commissioner for Trade of the European Commission

Karel De Gucht

ANNEX U.K. LIST OF ARBITRATORS

Arbitrators proposed by Korea U.K.

• Dukgeun AHN

• Seungwha CHANG

• Sungjoon CHO

• Joongi KIM

• Jaemin LEE

Arbitrators proposed by the EU U.K.

• Jacques BOURGEOIS

• Claus-Dieter EHLERMANN

• Pieter Jan KUIJPER

• Giorgio SACERDOTI

• Ramon TORRENT

Chairpersons U.K.

• William DAVEY (United States)

• Merit JANOW (United States)

• Virachai PLASAI (Thailand)

• Helge SELAND (Norway)

• Florentino FELICIANO (Philippines)