Korea Free Trade Agreement (KORUS)

The Korea Free Trade Agreement (KORUS) went into effect on March 15, 2012. Most Korean industrial and consumer goods currently enter the United States free of duty and the merchandise processing fee (MPF) and by 2016 that figure will grow to over 95 percent. Information for U.S. Exporters is available through the Department of Commerce at: https://www.trade.gov/us-korea-free-trade-agreement.

To learn more about how to claim preference on these goods, select the following:

Additional Resources and Regulations

• Korea FTA Frequently Asked Questions: Answers to the most common questions with respect to importing into the U.S. under the Korea FTA.
• Korea FTA Text: The complete text of the agreement.
• Korea FTA Regulations: A current link to the e-CFR website including: Import Requirements, Filing a Claim, Regional Value Content (RVC) Certification, Post-Importation Refunds, Rules of Origin, Origin Verifications, Transshipment, and Penalties.
• USITC Publication 4308: This publication includes the modifications to the HTSUS, the Duty Phase-Out Schedule and other important information.
• Korea FTA Implementation Act: Pub. Law No. 112-41, 125 Stat. 428 and codified at 19 USC 3805 Note
• Presidential Proclamation 8783: This document enacting the Korea FTA was published in the Federal Register on March 9, 2012.