ASEAN – Republic of Korea Free Trade Area

A. Agreements

1. Joint Declaration on Comprehensive Cooperation Partnership between the Association of Southeast Asian Nations and the Republic of Korea, Vientiane, Lao PDR, 30 November 2004
   • Annex on Core Elements of the Framework Agreement for ASEAN-Korea Free Trade Area
2. Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea, Kuala Lumpur, 13 December 2005
   • Annex on Economic Cooperation
3. Agreement on Dispute Settlement Mechanism under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea, Kuala Lumpur, 13 December 2005
4. Agreement on Trade in Goods Under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea, Kuala Lumpur, Malaysia, 24 August 2006.
   • Annex 1. Modality for Tariff Reduction and Elimination for Tariff Lines Place in the Normal Track
   • Annex 2. Modality for Tariff Reduction and Elimination for Tariff Lines Place in the Sensitive Track
   • Annex 3. Rules of Origin
     • Appendix 1 to Annex 3. Operational Certification Procedures for the Rules of Origin
       • Attachment. CO Form AK and Overleaf Note
     • Appendix 2 to Annex 3. Product Specific Rules
     • Appendix 3 to Annex 3. Explanatory Notes to Annex 3
   • Letter of Understanding among the Parties to the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea on the Tariff Rate Quota
   • Letter of Understanding among the Parties to the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea on the Back-to-Back Certificate of Origin
   • Letter of Understanding for the Amendment of the Product Specific Rules set out in Appendix 2 of Annex 3 of the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea, Bangkok, Thailand, 15 August 2009
   • Protocol on the Accession of the Kingdom of Thailand to the Agreement on Trade in Goods Under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the ASEAN and the Republic of Korea, Cha-am, Phetchaburi Province, Thailand, 27 February 200
   • Annexes to the Protocol on the Accession of the Kingdom of Thailand to the Agreement on Trade in Goods Under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the ASEAN and the Republic of Korea
   • Protocol to Amend the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation Among Governments of Member Countries of ASEAN and Republic of Korea, Bangkok, Thailand, 30 November 2010
   • Second Protocol to Amend the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea, Bali, Indonesia, 17 November 2011
   • Third Protocol to Amend the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea, Kuala Lumpur, Malaysia, 22 November 2015
5. Agreement on Trade in Services under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea, Singapore, 21 November 2007
   • Schedule of Specific Commitments for the First Package of Services Commitments under the ASEAN-Korea Agreement on Trade in Services
   • Annex on Financial Services
   • Letter of Understanding among the Parties to the Agreement on Trade in Services under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the ASEAN and the RoK, Singapore, 21 November 2007
   • Protocol on the Accession of the Kingdom of Thailand to the Agreement on Trade in Services Under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the ASEAN and the Republic of Korea, Cha-am, Phetchaburi Province, Thailand, 27 February 2009
     • Annexes to the Protocol on the Accession of the Kingdom of Thailand to the Agreement on Trade in Services Under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the ASEAN and the ROK
6. Agreement on Investment Under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea, Jeju-Do, Republic of Korea, 2 June 2009

B. Tariff Reduction Schedule

• Brunei Darussalam (HS 2007)
• Cambodia (HS 2007)
• Indonesia (HS 2007)
• Lao PDR (HS 2007)
• Malaysia (HS 2007)
• Myanmar (HS 2007)
• Philippines (HS 2007)
• Thailand (HS 2012)
• Vietnam (HS 2012)
• Korea (HS 2012)

 C. Media Statements

• 12th AEM-ROK Consultations, Kuala Lumpur, Malaysia, 23 August 2015
• 11th AEM-ROK Consultations, Nay Pyi Taw, Myanmar, 26 August 2014
• 10th AEM-ROK Consultations, Bandar Seri Begawan, Brunei Darussalam, 20 August 2013
• 9th AEM-ROK Consultations, Siem Reap, Cambodia, 29 August 2012
• 8th AEM-ROK Consultations, Manado, Indonesia, 12 August 2011
• 7th AEM-ROK Consultations, Da Nang, Viet Nam, 26 August 2010
• 6th AEM-ROK Consultations, Bangkok, Thailand, 15 August 2009
• 5th AEM-ROK Consultations, Singapore, 28 August 2008

D. AKFTA Website

For further information on AKFTA, click here.

E. Contact Us

For further information, please contact:
External Economic Relations Division at eerd@asean.org