WTO | Regional trade agreements

United Kingdom - Korea, Republic of

Basic InformationWTO Consideration ProcessRTA ProvisionsTrade-related data

Agreement name:	United Kingdom - Korea, Republic of
Coverage:	Goods & Services	Type:	Free Trade Agreement & Economic Integration Agreement
Status:	In Force	Notification under:	GATT Art. XXIV & GATS Art. V
Date of signature:	22-Aug-2019	Date of notification:	31-Dec-2020
Date of entry into force:	01-Jan-2021	End of implementation period:	2031
Current signatories:	Korea, Republic of; United Kingdom
Original signatories:	Korea, Republic of; United Kingdom
RTA Composition:	Bilateral
Region:	East Asia; Europe
All Parties WTO members?	Yes	Cross-Regional:	Yes

Related agreements

EU - Korea, Republic of

Official Web Address

United Kingdom, Department for International Trade
Republic of Korea, Ministry of Foreign Affairs

Text of the agreement

Text of the agreement	E

Annexes & related documents

Annexes	E

Consideration status (G):	Factual Presentation issued	Consideration status (S):	Factual Presentation issued
Date of Consideration (G):	22-Sep-2022	Date of Consideration (S):	22-Sep-2022

Related documents

Document series: WT/REG431

Document type	Symbol	Language
Notification (G)	WT/REG431/N/1	E F S
Notification (S)	S/C/N/1029	E F S
Factual Presentation (G&S)	WT/REG431/1/Rev.1	E F S
Questions and Replies (G&S)	WT/REG431/2	E F S
Note on the Meeting of the CRTA	WT/REG431/M/1	E F S

Document type	Language
Factual Presentation (G & S)	E F S

RTA Provisions Glossary

For details on these provisions, please consult the Glossary.

Last modified on: 05/03/2021

Topics
	Tariff Rate Quotas (TRQ)
	All quantitative import restrictions prohibited
	Rules of Origin (RoO)
		Change of Tariff Classification Criteria (CTC)
		Regional Value Content Criteria (RVC)
		Other Criteria(s)
		De minimis rules
		Outward-processing allowed
		Cumulation among Parties
		Cumulation with non-Parties permitted
	All Export Duties and Charges prohibited
	All Export restrictions, including quantitative restrictions, prohibited
	Sanitary and Phytosanitary measures (SPS)
		Specifically reaffirms or incorporates WTO SPS Agreement
		Transparency obligations (SPS)
		Dispute Settlement not applicable (SPS)
	Technical regulations, standards, technical barriers to trade (TBT)
		Specifically reaffirms or incorporates WTO TBT Agreement
		Transparency obligations (TBT)
		Mandatory recognition of conformity assessment results
		Mandatory recognition of technical regulations
	Safeguard Mechanisms (Goods)
		Specifically reaffirms or incorporates WTO Safeguard Agreement
		RTA-specific safeguard measures permitted in the transition period or shortly thereafter
		RTA-specific safeguard measures always permitted
		Special safeguard in Agriculture
	Balance-of-payments measures (Goods)
	Anti-Dumping measures
		Specifically reaffirms or incorporates WTO Agreement on Anti-Dumping
		Dispute Settlement not applicable (Anti-Dumping measures)
	Countervailing measures
		Specifically reaffirms or incorporates WTO Agreement on Subsidies and Countervailing measures
		Dispute Settlement not applicable (Countervailing measures)
	Subsidies (Goods)
	MFN Clause/Preferences extended from other RTAs (Goods)
	Sector-specific chapter/section or other legal instrument (Goods)
	Denial of benefits
	Services
		Positive list (Services)
		MFN provision (Services)
	Rendez-Vous/Review/Evolutionary clause (services)
	Investment Liberalization Provisions
		MFN provision (Investment)
		National Treatment with regard to the entry of investment (establishment)
		Investment liberalization
	Rendez-Vous clause (Investment)
	Provisions on capital transfers


	Domestic Regulation
	Mutual Recognition
	Safeguard Mechanisms (Services)
	Balance-of-payments measures (Services)
	Subsidies (Services)
	Movement of Natural Persons
	Sector-specific chapter/section or other legal instrument (Services)
	General Exceptions
	Security Exceptions
	Dispute Settlement (DS)
		Ad hoc Adjudicative Process
		Choice of forum
		Exclusive use of forum chosen
	Government procurement
	All Parties are party to the WTO Agreement on Government Procurement (GPA) at entry into force
	Intellectual property rights
		Specifically reaffirms or incorporates WTO TRIPS Agreement
		Copyrights and neighbouring rights
		Patent
		Trademarks
		Industrial Designs
		Layout-Designs (topographies) of integrated circuits
		Geographical Indications (GIs)
		Traditional Knowledge
		Enforcement
	Competition
		Dispute Settlement not applicable (Competition)
	Provisions on designated monopolies or State Owned Enterprises (SOEs)
	Environment
		No relaxation of environmental laws
		Public participation / consultations provisions
		Dispute Settlement not applicable (Environment)
	Labour
		No relaxation of labour laws
		Dispute Settlement not applicable (Labour)
	Small and Medium-Sized Enterprises (SMEs)
	E-Commerce
		Customs duty exemption for Digital Products Transmitted Electronically
		Consumer protection provisions
		Paperless trading or e-signatures
	Gender
		International commitments
		Cooperation between the Parties
		Dispute Settlement not applicable (Gender)

Document title
United Kingdom
Republic of Korea
United Kingdom-Republic of Korea (Services)

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