South Korea has proposed to a top global standardization body that it designate six South Korean next-generation technologies as international standards.

The Ministry of Commerce, Industry and Energy said it had made the proposal at a general meeting of the International Electrotechnical Commission (IEC) in Seoul last week.

Officials say that in the event the international commission adopts the South Korean technologies as global standards, it would bring the nation some 400-million dollars in royalties and an additional 4-billion dollars in sales annually.

The IEC is the leading organization that prepares and publishes international standards for all electrical, electronic and related technologies.

These serve as a basis for national standardization and as references when drafting international tenders and contracts.