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 |
|---|---|---|
| Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves — Of plastics, with an internal diameter of not less than 1 cm and not more than 2.5 cm | 0% | |
| Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors; Other electric conductors, for a voltage not exceeding 1,000 V; Fitted with connectors; Of a kind used for telecommunications, for a voltage exceeding 80 V but not exceeding 1,000 V, other | 0% | |
| Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors; Other electric conductors, for a voltage not exceeding 1,000 V; Fitted with connectors; Of a kind used for telecommunications, for a voltage exceeding 80 V but not exceeding 1,000 V, other | 0% | |
| Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors — Other, insulated with rubber, plastics or paper |
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% |
| 85444239 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors; Other electric conductors, for a voltage not exceeding 1,000 V; Fitted with connectors; Insulated with rubber or plastics; Battery cables, other | 0% |
| 85444219 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors; Other electric conductors, for a voltage not exceeding 1,000 V; Fitted with connectors; Of a kind used for telecommunications, for a voltage not exceeding 80 V, other | 0% |
| 85444219 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors; Other electric conductors, for a voltage not exceeding 1,000 V; Fitted with connectors; Of a kind used for telecommunications, for a voltage not exceeding 80 V, other | 0% |
| 85444911 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors — Submarine telephone cables; submarine telegraph cables; submarine radio relay cables | 0% |
| 85444911 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors — Submarine telephone cables; submarine telegraph cables; submarine radio relay cables | 0% |
| 85444223 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors — Other, insulated with rubber, plastics or paper | 0% |
| 85444299 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors; Other electric conductors, for a voltage not exceeding 1,000 V; Fitted with connectors, other | 0% |
| 85444299 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors; Other electric conductors, for a voltage not exceeding 1,000 V; Fitted with connectors, other | 0% |
| 85444291 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors — Flat data cables having two lines or more, insulated with rubber, plastics or paper | 0% |
| 85444291 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors — Flat data cables having two lines or more, insulated with rubber, plastics or paper | 0% |
| 85443099 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors; Ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships, other | 0% |
| 85443099 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors; Ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships, other | 0% |
| 85444213 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors — Other, insulated with rubber, plastics or paper | 0% |
| 85444213 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors — Other, insulated with rubber, plastics or paper | 0% |
| 85444295 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors — Electric cables insulated with plastics, of which each core having diameter exceeding 5 mm but not exceeding 19.5 mm | 0% |
| 85444295 | Insulated (including enamelled or anodised) wire, cable (including co-axial cable) and other insulated electric conductors, whether or not fitted with connectors; optical fibre cables, made up of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors — Electric cables insulated with plastics, of which each core having diameter exceeding 5 mm but not exceeding 19.5 mm | 0% |
