|Name of Program
||Deposit Refund System|
|Date Implemented||1985, current version implemented in 2003 ACT ON THE PROMOTION OF SAVING AND RECYCLING OF RESOURCES|
|Containers Covered||Refillable glass bottles|
Soju, Beer, soft drink and etc.
|Deposit and Handling Fees
|Fees and Taxes||
Government regulates only Deposits & Handling fees
The producers are paid on unredeemed deposit KOVRA(Korea Vessel Recirculation Association), and it uses that financial resource for specified business in accordance with applicable laws.
|Program Success||On average, about 5.5 billion bottles are sold annually. More than 95% of them are recovered and more than 85% will be reused.|