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 |
|---|---|---|
| Original engravings, prints and lithographs — Of an age exceeding 100 years | 0% | |
| Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this Chapter — Microwave amplifiers; digital flight-data recorders; portable battery operated electronic reader for recording and reproducing text, still image or audio file | 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 — Of a kind used for vehicles of heading 87.02, 87.03, 87.04 or 87.11 | 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 — Of a kind used for vehicles of heading 87.02, 87.03, 87.04 or 87.11 | 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.
| 85437010 |
| Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this Chapter — Electric fence energisers |
| 0% |
| 85437010 | Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this Chapter — Electric fence energisers | 0% |
| 85442031 | 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 — Insulated with rubber or plastics | 0% |
| 85443013 | 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; Wiring harnesses for motor vehicles; Insulated with rubber or plastics, other | 0% |
| 85437090 | Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this Chapter; Other machines and apparatus, other | 0% |
| 85437090 | Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this Chapter; Other machines and apparatus, other | 0% |
| 85441120 | 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 — With an outer coating or covering of paper, textiles or poly(vinyl chloride) | 0% |
| 85443012 | 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 — Of a kind used for vehicles of heading 87.02, 87.03, 87.04 or 87.11 | 0% |
| 85442029 | 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; Co-axial cable and other co-axial electric conductors; Insulated cables not fitted with connectors, for a voltage not exceeding 66 kV, other | 0% |
| 85444296 | 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 cables insulated with plastics | 0% |
| 85444234 | 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 — For vehicles of heading 87.02, 87.03, 87.04 or 87.11 | 0% |
| 85444292 | 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, other | 0% |
| 85444292 | 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, other | 0% |
| 85444233 | 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% |
| 85444233 | 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% |
| 85444221 | 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% |
