On September 20, 2016, 7th FTA Commerce & Strategy Seminar Series, which is the 1st seminar of this semester, was held and Jung Ki Hong from the Ministry of Health & Welfare, gave a lecture to the students of the FTA Commerce and Strategy program under the topic, “Commerce Issues in Health and Welfare Sector.” Mr. Hong explained several commerce-related health issues like price setting of the new drug in FTA negotiations, intellectual property right / patent of new drug and even the labeling issues of the cosmetics. Lastly, he explained how important it is to set the legal criteria in health and welfare sector by showing KORUS FTA and Korea-EU FTA.
