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 |
|---|---|---|
| Other organo-inorganic compounds — N-(phosphonomethyl) glycine | 0% | |
| 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; Parabolic aerial reflector dishes for direct broadcast multi-media systems and parts thereof, other | 0% | |
| Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28 — Feed horns (wave guide) | 0% | |
| Reception apparatus for radio-broadcasting, whether or not combined, in the same housing, with sound recording or reproducing apparatus or a clock — Pocket-size radio cassette-players | 0% | |
| Reception apparatus for radio-broadcasting, whether or not combined, in the same housing, with sound recording or reproducing apparatus or a clock — Pocket-size radio cassette-players | 0% | |
To qualify for preferential rates under IKCEPA, your shipment needs a valid Certificate of Origin. Kickrate handles the documentation as your Importer of Record.
| 85286910 |
| 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 — Having the capability of projecting onto a screen diagonally measuring 300 inches or more |
| 0% |
| 85285200 | 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% |
| 85284200 | 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% |
| 85284200 | 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% |
| 85285200 | 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% |
| 85286910 | 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 — Having the capability of projecting onto a screen diagonally measuring 300 inches or more | 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% |
| 85269110 | Radar apparatus, radio navigational aid apparatus and radio remote control apparatus — Radio navigational aid apparatus, of a kind for use in civil aircraft, or of a kind used solely on sea-going vessels | 0% |
| 85284920 | 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 — Monochrome | 0% |
| 85269110 | Radar apparatus, radio navigational aid apparatus and radio remote control apparatus — Radio navigational aid apparatus, of a kind for use in civil aircraft, or of a kind used solely on sea-going vessels | 0% |
| 85286990 | 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; Projectors, other | 0% |
| 85286990 | 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; Projectors, other | 0% |
| 85291040 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28 — Aerial filters and separators | 0% |
| 85291040 | Parts suitable for use solely or principally with the apparatus of headings 85.24 to 85.28 — Aerial filters and separators | 0% |
| 85279920 | Reception apparatus for radio-broadcasting, whether or not combined, in the same housing, with sound recording or reproducing apparatus or a clock — Mains operated | 0% |
