I, Seunghwan Choi, nominated by Republic of Korea, residing in Republic of Korea, a member of the Halons Technical Options Committee, declare as follows:
1) I have read the Conflict of Interest and Disclosure Guidelines for the Technology and Economic Assessment Panel, Its Technical Options Committees and Temporary Subsidiary Bodies (“the COI Guidelines”) as adopted by the Meeting of the Parties in Decision XXIV/8.
2) I am Representative Director working for Hanchang Corporation, a Seoul based Korean company, trading and contracting for fire protection systems and products related to halons. My main activity for Hanchang Corporation is to supervise the overall management issues including trading of halon products. Hanchang Corporation has an interest in the topics of the Montreal Protocol because it trades and uses halons (halon 1301 and 1211) for explosion prevention and fire suppression to the fire protection system companies and customers mainly in Republic of Korea.
3) This declaration constitutes my written agreement, pursuant to paragraph 8 of the COI Guidelines, to comply with the Guidelines. I understand that this written agreement is a condition of my service.
4) My interests, and those of my spouse include the following –
a. Proprietary interests: Neither I nor my spouse, have a proprietary interest in a substance, technology or process (e.g., ownership of a patent) to be considered by the Technology and Economic Assessment Panel or any of its technical options committees or temporary subsidiary bodies.
b. Financial interests: I have 48% shares in a Korean investment company, HJ FNI and, HJ FNI has 16% shareholdings of Hanchang Corporation. My spouse does not own or exercise control over shares or bonds in an entity with an interest in the subject matter of the meeting or work except for shareholdings through general mutual funds where we have no control over the selection of shares.
c. Employment, consultancy, directorship or other positions: Except for my work for Hanchang Corporation, neither I nor my spouse are employed by, do not consult for, do not serve as a director of or hold any other position for any entity which has an interest in the subject matter of the Technology and Economic Assessment Panel.
d. Government advice and other policy development: Neither I nor my spouse provide advice on significant issues to a government with respect to its implementation of the Montreal Protocol or engage in the development of significant policy positions of a government for a Montreal Protocol meeting.
e. Paid research activities, fellowships or grants: Neither I nor my spouse are the recipients of any paid research activities or any fellowships or grants for work related to a proposed use of an ozone-depleting substance or an alternative to a proposed use of an ozone depleting substance.
f. Other interests: Neither I nor my spouse have other interests related to the subject matter of the Technology and Economic Assessment Panel or the Montreal Protocol.
5) The source of funding for my participation in the work of the Halons Technical Options Committee comes mostly from Hanchang Corporation described above. My retirement portfolio contains severance payment based on the period of working with Hanchang Corporation. My travel to HTOC meetings is mostly paid for by UNEP’s Ozone Secretariat under Article 5.
6) Pursuant to paragraph 11 of the COI Guidelines I declare that I have not declined to disclose information falling within paragraph 10 of those Guidelines.
7) I undertake to disclose any material change to any of the above information, pursuant to paragraph 9 of the COI Guidelines, within 30 days of any such change.
8) I undertake to make further declarations of interest annually for so long as I remain a member of the Halons Technical Options Committee.
9) I understand that this DOI will expire no later than one year after I have signed it.
Signed: Seunghwan Choi
Date: 3rd, February, 2020