eu korea fta tariff schedule


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PDF EUs new reciprocal preferential trade agreement with South Korea

Other products will be subject to a sliding scale of annual reductions over 3 5 7 10 12 13 or 15 years in the full rate of duty payable The Korean Tariff 

  • What is the import tariff in Korea?

    Korea has a flat 10 percent Value Added Tax (VAT) on all imports and domestically-manufactured goods.
    A special excise tax of 10-20 percent is also levied on the importation of certain luxury items and durable consumer goods.
    Tariffs and taxes must be paid in Korean Won within 15 days after goods have cleared Customs.

  • Panel of experts confirms Republic of Korea is in breach of labour commitments under our trade agreement.
    The panel report published today confirms the EU's concerns that Korea has not acted consistently with its trade and sustainable development obligations under the EU-Korea trade agreement.

Tariffs. The EU-South Korea free trade agreement eliminates 98.7% of tariffs on trade in goods. Here are some of the benefits for EU exporters. machinery and  The agreement at a glance · Rules of origin · Customs clearance documents Autres questions
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