Deepens the existing AKFTA relationship. Korea committed to 95.54% tariff elimination vs Indonesia's 92.06%, substantially more comprehensive than AKFTA. Covers goods, services, investment, HR development, and technology transfers. Gives traders multiple pathways alongside AKFTA and RCEP.
Korea eliminates up to 95.54% of tariff lines; Indonesia eliminates 92.06%
Steel, auto parts, petrochemicals, fisheries, dried fruits, seaweed, lubricants, textiles, ceramics, technology
RVC of 40% or CTC; build-up or build-down calculation; Product Specific Rules for select goods
Both maintain exclusion lists for sensitive agricultural products. Korea protects rice and certain fishery products.
Sample of HS codes with active preferential rates under this agreement.
| HS Code | Product | Rate |
|---|---|---|
| Parts suitable for use solely or principally with the engines of heading 84.07 or 84.08 — Pistons, with an external diameter of 50 mm or more, but not exceeding 155 mm | 0% | |
| Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28 — For television reception | 0% | |
| Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus — Other, monochrome | 0% | |
| Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus — Other, monochrome | 0% | |
| Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus — Capable of directly connecting to and designed for use with an automatic data processing machine of heading 84.71 |
To qualify for preferential rates under IKCEPA, your shipment needs a valid Certificate of Origin. Kickrate handles the documentation as your Importer of Record.
| 0% |
| 85286200 | Monitors and projectors, not incorporating television reception apparatus; reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus — Capable of directly connecting to and designed for use with an automatic data processing machine of heading 84.71 | 0% |
| 85279990 | Reception apparatus for radio-broadcasting, whether or not combined, in the same housing, with sound recording or reproducing apparatus or a clock, other | 0% |
| 85279990 | Reception apparatus for radio-broadcasting, whether or not combined, in the same housing, with sound recording or reproducing apparatus or a clock, other | 0% |
| 85269200 | Radar apparatus, radio navigational aid apparatus and radio remote control apparatus — Radio remote control apparatus | 0% |
| 85269200 | Radar apparatus, radio navigational aid apparatus and radio remote control apparatus — Radio remote control apparatus | 0% |
| 85291030 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28 — Telescopic, rabbit and dipole antennae for television or radio receivers | 0% |
| 85299020 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28 — Of decoders | 0% |
| 85299020 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28 — Of decoders | 0% |
| 85299099 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28, other | 0% |
| 85299099 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28, other | 0% |
| 85291099 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28; Aerials and aerial reflectors of all kinds; parts suitable for use therewith, other | 0% |
| 85291099 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28; Aerials and aerial reflectors of all kinds; parts suitable for use therewith, other | 0% |
| 85291093 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28 — Of a kind used with transmission apparatus for radio-broadcasting | 0% |
| 85291093 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28 — Of a kind used with transmission apparatus for radio-broadcasting | 0% |
| 85299059 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28; Other printed circuit boards, assembled; For goods of heading 85.28, other | 0% |
