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Korea Brussels
EU-Korea Free Trade Agreement online
The Free Trade Agreement (FTA) between the EU and the Republic of Korea is the first of the new generation of FTAs launched in 2007. It has been initialled in Brussels on 15th October 2009.
The agreement consists of 15 Chapters, 3 protocols, several annexes and appendixes, a number of understandings and a joint declaration.
This text is provided exclusively for information purposes. The text provided here is the text after the completion of negotiations and is not binding as a matter of international law. The authentic text will be published in the Official Journal of the European Union upon the completion of the necessary ratification procedures.
Reading guide
Chapters, annexes and appendixes
Preamble
Chapter 1 Objectives and general definitions
Chapter 2 National treatment and market access for goods
- Annex 2-A Elimination of customs duties
- Appendix 2-A-1 [TRQs]
- Appendix 2-A-2 [Entry price system]
- Annex 2-B Electronics
- Appendix 2-B-1 [coverage]
- Appendix 2-B-2 [positive assurance of conformity]
- Appendix 2-B-3 [list of electronic items]
- Appendix 2-B-4 [definitions]
- Annex 2-C Motor vehicles and parts
- Appendix 2-C-1 [exclusions from coverage]
- Appendix 2-C-2 [tables referred to in Art. 3(a)(i),(iii) of Annex 2-C]
- Appendix 2-C-3 [tables referred to in Art. 3(a)(ii),(iii) of Annex 2-C]
- Annex 2-D Pharmaceutical products and medical devices
- Annex 2-E Chemicals
Chapter 3 Trade remedies
- Annex 3 Agricultural safeguard measures
Chapter 4 Technical Barriers to Trade
- Annex 4 TBT coordinator
Chapter 5 Sanitary and Phytosanitary Measures
Chapter 6 Customs and Trade Facilitation
Chapter 7 Trade in services, establishment and e-commerce
- Annex 7-A List of commitments
- Annex 7-A-1 [EC – Cross-Border Supply of Services]
- Annex 7-A-2 [EC - Establishment]
- Annex 7-A-3 [EC – Key Personnel and Graduate Trainees and Business Services Sellers]
- Annex 7-A-4 [Korea - Commitments]
- Annex 7-B Most-favoured-nation treatment exemption
- Annex 7-C List of MFN exemptions
- Annex 7-D Annex on the additional commitment on financial services
Chapter 8 Payments and capital movements
Chapter 9 Government procurement
- Annex 9 Bot contracts/public works concessions
Chapter 10 Intellectual Property
- Annex 10-A Geographical indications for agricultural products and foodstuffs
- Annex 10-B Geographical indications for wines, aromated wines and spirits
Chapter 11 Competition
Chapter 12 Transparency
Chapter 13 Trade and Sustainable Development
- Annex 13 Co-operation on trade and sustainable development
Chapter 14 Dispute settlement
- Annex 14-A Mediation mechanism for non-tariff measures
- Annex 14-B Rules of procedure for arbitration
- Annex 14-C Code of conduct for members of arbitration panels and mediators
Chapter 15 Institutional, general and final provisions
Protocols
Protocol 1 Rules of Origin
Protocol 2 Mutual administrative assistance in customs matters
Protocol 3 Cultural cooperation
Understandings
Understanding on the cross-border supply of insurance services as committed in the lists of commitments in Annex 7-A (List of Commitments)
Understanding on the Korean postal reform plan
Understanding concerning specific commitments on telecommunications services
Understanding on regulations relating to zoning, urban planning and environmental protection
Joint declaration
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