WTO | Regional trade agreements

Korea, Republic of - Australia

Basic InformationWTO Consideration ProcessRTA ProvisionsTrade-related data

Agreement name:	Korea, Republic of - Australia
Coverage:	Goods & Services	Type:	Free Trade Agreement & Economic Integration Agreement
Status:	In Force	Notification under:	GATT Art. XXIV & GATS Art. V
Date of signature:	08-Apr-2014	Date of notification:	22-Dec-2014
Date of entry into force:	12-Dec-2014	End of implementation period:	2033
Current signatories:	Australia; Korea, Republic of
Original signatories:	Australia; Korea, Republic of
RTA Composition:	Bilateral
Region:	Oceania; East Asia
All Parties WTO members?	Yes	Cross-Regional:	Yes

Official Web Address

Republic of Korea, Ministry of Foreign Affairs
Australia, Department of Foreign Affairs and Trade

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):	27-Jun-2016	Date of Consideration (S):	27-Jun-2016

Related documents

Document series: WT/REG359

Document type	Symbol	Language
Notification (G)	WT/REG359/N/1	E F S
Notification (S)	S/C/N/786	E F S
Factual Presentation (G&S)	WT/REG359/1/Rev.1	E F S
Questions and Replies	WT/REG359/2	E F S
Questions and Replies	WT/REG359/2/Add.1	E F S
Questions and Replies	WT/REG359/3	E F S
Note on the Meeting of the CRTA	WT/REG359/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: 01/12/2017

Topics
	All tariffs eliminated at end of implementation by at least one Party
	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
	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)
		Dispute Settlement not applicable (TBT)
	Safeguard Mechanisms (Goods)
		Specifically reaffirms or incorporates WTO Safeguard Agreement
		Exclusion of an RTA party in global safeguard action
		RTA-specific safeguard measures always permitted
		Special safeguard in Agriculture
	Anti-Dumping measures
		Specifically reaffirms or incorporates WTO Agreement on Anti-Dumping
	Countervailing measures
		Specifically reaffirms or incorporates WTO Agreement on Subsidies and Countervailing measures
	Denial of benefits
	Services
		Hybrid structure (Services)
		Standstill provision (Services)
		Ratchet provision (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
	Other Investment Provisions
		Investment Protection
		Investor to State Dispute Settlement (ISDS) included


	Provisions on capital transfers
	Domestic Regulation
	Mutual Recognition
	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
	Intellectual property rights
		Specifically reaffirms or incorporates WTO TRIPS Agreement
		Copyrights and neighbouring rights
		Patent
		Trademarks
		Traditional Knowledge
		Enforcement
	Competition
		Adopts or maintains competition law
		Dispute Settlement not applicable (Competition)
	Provisions on designated monopolies or State Owned Enterprises (SOEs)
	Environment
		No relaxation of environmental laws
		Dispute Settlement not applicable (Environment)
	Labour
		No relaxation of labour laws
		Dispute Settlement not applicable (Labour)
	E-Commerce
		Customs duty exemption for Digital Products Transmitted Electronically
		Consumer protection provisions
		Paperless trading or e-signatures

Document title
Rep. of Korea
Australia
Rep. of Korea - Australia (Services)

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