Since 2011, the EU-South Korea trade agreement has abolished tariffs on almost all products. In addition, many other barriers to exporting EU products such as automotive, medicines, electronics and chemicals have been removed. Many services between the EU and South Korea have also been opened to investors and businesses. You must follow these rules so that your products can be evaluated to comply with the required technical standards. In early January 2018, the two countries held the first round of discussions on possible changes to the auto trade and the continued opening of the Korean agricultural market11. Just one week after Trump announced protective tariffs that would affect Korean washing machines and solar panels.12 During this tense second round.12 During this tense second round.12 During this tense second round.12 During this tense second round.12 During this tense second round.1 2 During this tense second round.12 During this tense second round.12 During this tense second round.12 This tense second round.12 During this tense second round.12 During this tense second round.12 During this tense second round.12 During this tense second round, the United States continued to insist on changes to the sale of cars in Korea. In the meantime, Korea has submitted detailed proposals to reform the Investor-State Dispute Settlement Mechanism (ISDR) and has expressed concerns about protective tariffs on washing machines and solar panels13. to use non-original materials worth up to 10% of the factory starting price, which are normally prohibited by Rule A of the tariff removal rule, a type of rule of origin used in KORUS Schedule 6-A. If the specific product rule in Schedule 6-A is a tariff transfer rule for your product, non-Korean or U.S.

inputs must be substantially redeveloped to qualify for the preferential tariff rate negotiated by the ESTV. These subsidy rules apply to all products, with the exception of agriculture and fishing. The U.S.-Korea Free Trade Agreement (KORUS) came into force on March 15, 2012. On the day of its implementation, nearly 80% of U.S. exports of industrial goods to Korea were exempt from tariffs, including aerospace equipment, agricultural equipment, auto parts, construction products, chemicals, consumer products, electrical equipment, travel goods, paper products, scientific equipment and transportation and transportation equipment. Other benefits of the free trade agreement include strengthening the protection and enforcement of intellectual property rights in Korea and increasing access to the $580 billion market for highly competitive U.S. companies. NOTE: On the USITC link, select the “General Notes” option; General rules of interpretation; General Statistical Notes,” link followed by “General Notes 33. 9 Steve Holland, “Trump Hints on Withdrawal from U.S.-South Korea Free Trade Deal,” Reuters, September 2, 2017.

At this time, North Korea announced a successful test of a nuclear weapon that could be loaded onto a long-range missile, which could have influenced the views of the United States and South Korea on trade issues. “North Korea Nuclear Test: Hydrogen Bomb `Missile` Ready,” British Broadcasting Corporation (BBC) News, 3 September 2017. Rules of origin (ROC) are used to determine which products may benefit from preferential rights under a trade agreement. These rules differ depending on trade agreements and products. In principle, the onus is on the importer to request preferential treatment from the customs authority of the importing country. The chemicals covered by the agreement can be read here: Appendix 2-E Chemicals . The product-specific provisions are contained in the HS code in Schedule 6-A of the agreement or in Annex 4-A (textiles and clothing). If your product is manufactured in the United States or Korea and does not contain non-native inputs (non-American or non-Korean content, including content of unknown origin), you will