United States Korea Free Trade Agreement Certificate Of Origin

You can also request a prejudicial referral for the HTS classification and other matters relating to your import products. www.cbp.gov/trade/rulings For products that are not fully purchased, you must follow the product`s original rule, usually due to a tariff lag or regional value. Learn more about how to read and enforce FREI trade agreements. The rules of origin are contained in the final text of the free trade agreement. A specific rule of origin can sometimes be revised. You`ll find the latest version of ROC in the U.S. Harmonized Tariff Plan, General Notes — General Note 33. Following an exchange of letters between Ambassador Froman and the Korean Minister of Trade, Mr. Yoon, as well as between Ambassador Froman and Ambassador Ahn of Korea, the United States and Korea agreed on a conversion of rules of origin specific to the products of the U.S.-Korea Free Trade Agreement (Annex 4-A, Annex 6-A and Appendix 6-A-1 of the Free Trade Agreement). The agreement came into force on January 1, 2014. The specific new rules of origin can be found here [Annex 4-A; Appendix 6-A; Appendix 6-A-1] and in the full text of the agreement on the USTR website. This amendment aligns these specific rules of origin with the nomenclature of the most current 2012 harmonized tariff plan (HTS). This transition was necessary since the free trade agreement between the United States and Korea was negotiated, while the HTS was in place in 2002, and therefore used the now obsolete nomenclature.

Until now, exporters and importers applying for preferential duties under KORUS had to determine the HTS code for their product, in accordance with the 2002 nomenclature, in order to determine the correct rule of origin. This conversion eliminates this step and streamlines the process for U.S. and Korean dealers. 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. Open-form certification can be used by Korean manufacturers and exporters and U.S. importers as an alternative to original certification when they invoke compliance with the Korea Free Trade Agreement. The ESTV uses an original “knowledge-based” certification system.

This means that an exporter, producer or importer can provide a certificate certifying that a product is from the ESTV to support an importer`s request for preferential tariff treatment. A right may also be based on an importer`s own knowledge that goods are a base of origin. 6. the information that describes and shows how the product is produced; Another opportunity to examine tariffs under the free trade agreement is to examine the final text of the agreement. On the USTR website, you will find under the heading “Final Text” two tariff plans, one for products going to Korea and the other for products arriving in the United States. www.ustr.gov/trade-agreements/free-trade-agreements/korus-fta/final-text In addition to the rules of origin mentioned above, there may be other ways to qualify your product: For information on customs procedures for importing from Korea, CBP has created a website and email address: www.cbp.gov/trade/free-trade-agreements/korea and fta@dhs.gov. Although there is no form required for the certificate of origin, there are basic data elements that must be