DECISION No 2 OF THE EU-KOREA TRADE COMMITTEE

of 23 December 2011

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

(2013/111/EU)

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 (1), 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:

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

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

Done on 23 December 2011.

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

(1)

OJ L 127, 14.5.2011, p. 6

ANNEX

LIST OF ARBITRATORS

Arbitrators proposed by Korea

Dukgeun AHN

Seungwha CHANG

Sungjoon CHO

Joongi KIM

Jaemin LEE

Arbitrators proposed by the EU

Jacques BOURGEOIS

Claus-Dieter EHLERMANN

Pieter Jan KUIJPER

Giorgio SACERDOTI

Ramon TORRENT

Chairpersons

William DAVEY (US)

Merit JANOW (US)

Virachai PLASAI (Thailand)

Helge SELAND (Norway)

Florentino FELICIANO (Philippines)