Ministry of Justice to Establish International Legal Affairs Bureau on the 8th to Strengthen ISDS Response

The Ministry of Justice's International Legal Affairs Bureau, dedicated to responding to international legal issues, will be established on the 8th.

On the 1st, the Ministry of Justice announced that the "Partial Amendment to the Organization Decree of the Ministry of Justice and Its Affiliated Agencies" was approved at the Cabinet meeting and will be promulgated and enforced on the 8th.

The Ministry of Justice emphasized, "We will support South Korea's leap to becoming an international arbitration hub and actively recruit external talent with international expertise and practical experience to enhance the nation's international business capabilities."

The International Legal Affairs Bureau will consist of three divisions: the International Legal Policy Division, the International Legal Support Division, and the International Investment Disputes Division. Including the director, 25 staff members will work there. It plans to provide accurate and effective legal support to each government ministry, prevent the increasing number of international investment disputes (ISDS), and improve related systems to strengthen response capabilities.

It also plans to promote policies to provide systematic legal services to overseas-expanding companies and to revitalize the international arbitration industry, including attracting the Permanent Court of Arbitration (PCA) and the International Council for Commercial Arbitration (ICCA) general assemblies.

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