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Examples of potential environmental regulation on international trade:
Republic of Korea: promotion of an environmental labeling system and the adoption of ISO 14000 standards
The Republic of Korea has given domestic industries incentives to adopt ISO 14000 standards to meet the rapidly emerging international norms and standards. Moreover, the central and local governments, as well as government financial organizations, are encouraged to purchase products bearing the ISO labels. The Environment Labelling Association, an NGO, was established to authorize the use of environmental labelling and to manage the labelled products. However, these fast responses to external agreements are thought to be the consequence of not only elevated environment awareness but mainly the country's externally oriented economy.