INTIEAKorea · Act on the Control of Transboundary Movement of Hazardous Wastes and Their DisposalPolicyIn force

Act on the Control of Transboundary Movement of Hazardous Wastes and Their Disposal

Enacted in 1992 and amended most recently in 2021, The Act on the Control of Transboundary Movement of Hazardous Wastes and Their Disposal seeks to prevent environmental pollution caused by the transboundary movement of wastes and implement the Basel Convention on the Control of…

Last changed 10 months ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Korea · Year: 2021 · Status: In force · Level: National · Type: Voluntary

Enacted in 1992 and amended most recently in 2021, The Act on the Control of Transboundary Movement of Hazardous Wastes and Their Disposal seeks to prevent environmental pollution caused by the transboundary movement of wastes and implement the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes and Their Disposal.

Under its provisions, ‘wastes subject to export or import restrictions’ include wastes provided for in the Annexures of the Basel Convention and those stipulated in an agreement under Article 11 thereof. The export, import and transit of such wastes is prohibited unless prior written approval is obtained from a competent authority. Prior to obtaining such approval, an importer or exporter is also required to deposit security money and purchase an insurance policy.

The Act also empowers the Ministry of Environment to limit or ban the export and import of specific wastes if necessary for the protection of human health and environment.

In addition, in terms of the Enforcement Decree of the Act on the Control of Transboundary Movement of Hazardous Wastes, wastes are prohibited from being exported to any nation, with the exception of member nations of the OECD, the European Union, and Liechtenstein and signatories to bilateral, multilateral, or regional agreements or arrangements under Article 11 of the Basel Convention.

Key amendments made in 2021:

1. Qualification Flexibility:

The Minister of Environment gained new authority to determine and publicly notify alternative qualifications for exporters and importers

This applies specifically to wastes deemed to have lower risk and less likelihood of causing environmental pollution

2. Inspection Expenses:

Added new provisions regarding inspection costs in bonded areas:  Generally, inspection expenses must be borne by the business entity being inspected

Special provision for small and medium entrepreneurs:  If their waste inspections comply with relevant laws

The State may subsidise their inspection expenses

Subsidies are subject to budget availability

Specific subsidy amounts are determined by the Minister of Environment

3. Administrative Fine of KRW 2 million maximum

Official source: https://elaw.klri.re.kr/eng_mobile/viewer.do?hseq=56444&type=part&key=39#:~:text=The%20purpose%20of%20this%20Act,Convention%20on%20the%20Control%20of

Source

https://www.iea.org/policies/25117

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45284NewsIn force

Brazil’s New Oil Frontier Could Keep Its Boom Alive For Decades

Brazilian President Luiz Inácio Lula da Silva has hailed a new offshore oil discovery by Petrobras (NYSE: PBR) near the mouth of the Amazon River as a "passport to the country's future", continuing his support for controversial oil and gas drilling in Amazon's ecologically sensitive regions. Last week, the state-run Oil & Gas giant announced it has found oil at the Morpho-1 well (Block FZA-M-59) in the mouth of the Amazon roughly 180 kilometres (112 miles) off the coast of Amapa state, “All of our studies indicate substantial potential.…

12 hours ago
INTEnergy Newsoilprice:oilprice-article-45283NewsIn force

Houthis Move to Gain Complete Control Over Crucial Bab el-Mandeb Oil Chokepoint

The Yemeni Houthis are planning to seize land along the Yemeni coast in the Bab el-Mandeb Strait, tightening their control of the chokepoint. The information comes from the minister of information in the government that the Houthis are fighting in Yemen and suggests further disruption to marine traffic on one of the world’s busiest trade routes. “The Houthi militia... is working to create the conditions for seizing control of the Bab al-Mandab Strait by expanding its presence along the western coast and attempting to control strategic…

13 hours ago
INTEnergy Newsoilprice:oilprice-article-45282NewsIn force

Hormuz Oil Crisis Accelerates Global EV Sales

Global electric vehicle sales have surged this year following the oil supply disruption in the Middle East and the second oil price shock in four years. The accelerating EV adoption that began with the spike in oil and fuel prices earlier this year is set to remain a trend in the global markets and could push the share of EVs in the passenger fleet above earlier expectations, analysts at Wood Mackenzie say. Challenges to accelerated adoption still remain, including the need for billions of U.S. dollars in investments in critical battery minerals…

14 hours ago
INTEnergy Newsoilprice:oilprice-news-45284NewsIn force

Washington Eases Gasoline Rules as Iran Pressure Campaign Jolts Fuel Costs

Washington is tightening the screws on Iran and loosening the rules on gasoline at the same time as Americans are paying more than $4 a gallon. The Environmental Protection Agency on Thursday authorized an early switch to cheaper winter-grade gasoline, allowing sales of gasoline blended with 10% ethanol beginning September 1 rather than waiting for the normal mid-September seasonal transition. The administration says ending summer-blend requirements early could add hundreds of thousands of barrels per day to domestic gasoline supply and provide…

14 hours ago
INTEnergy Newsoilprice:oilprice-article-45270NewsIn force

How Solar Panel Prices Fell 90 Percent In 15 Years

Solar power is far and away the world’s fastest-growing form of energy production, beating out every other form of energy on Earth in 2025. Despite a recent political pivot away from renewable energies in the world’s largest economy, solar power additions continue to shatter its own records year over year as the sector has long since outgrown any need for subsidies. Solar power has simply become too cheap to fail. “We have a plentiful and cheap source of electricity that can be built quickly, almost anywhere in the world,”…

15 hours ago