This paper examines the new Korean Romanization system. These basic principles for transcription in the previous Romanization system are explored. The three old principles are: First, Romanization is based on standard Korean pronunciation. Second, no symbols except Roman letters are used. Third, Romanization follows the principle of one letter (or set of letters) per phoneme. Among these three principles, the third one is not included in the new Romanization system. This means the new system may introduce a set of letters per phoneme whenever necessary. Long vowels are not marked in transcription as before. These vowel marks are frequently misused or misunderstood when read by foreigners . The most innovative change from the previous Romanization system is the removing or deleting of apostrophes and other diacritical marks in order to facilitate speedy word processing. The new Romanization system includes some problems that require appropriate consideration. Some recommendations from specialists are presented in order to solve the problems associated with the new system.