South Korea’s Ministry of Climate, Energy and Environment announced on the 28th that it will open a public consultation on a partial amendment to the Enforcement Decree of the Act on the Transboundary Movement of Waste and Its Disposal through February 2 next year.
The import guarantee system requires waste importers to purchase insurance or deposit treatment costs to cover potential disposal or remediation in cases where imported waste is abandoned, illegally dumped, or causes environmental pollution. Under the amendment, electric vehicle waste batteries have been added to the list of ten waste categories exempt from the import guarantee requirement, alongside scrap copper and scrap aluminum.
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