ECCK calls for easing EV regulation, predictability in defense trade

The European Chamber of Commerce in Korea (ECCK) has urged Korean authorities to relax regulations surrounding electric vehicles (EVs) and to enhance predictability within the defense offset system, as outlined in their annual white paper released on Wednesday. The ECCK, which regularly engages in discussions about regulatory matters with the Korean government through its industry committees, compiles and publishes its white paper each year to share concerns and recommendations from its member companies.

This year, the paper features 82 recommendations from 15 committees and three forums. Speaking at a press conference to introduce the paper, Kim Hong-joong, Chair of the ECCK Passenger Vehicle Committee, called for Korea to align its EV regulations more closely with international standards. "We propose enhancements to electric vehicle certification and evaluation processes, along with increased harmonization and mutual recognition of international standards for cutting-edge automotive technologies," Kim stated.

"If Korea and Europe align their regulatory frameworks and reduce superfluous discrepancies in line with the principles of the free trade agreement and international standards, it would be beneficial."