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TURKEY-KOREA
Turkey-Korea FTA
 Interactive trade indicators

Technical notes for performance indicators
Performance Indicators :
Member Countries

Korea, Rep.of Turkey

Agreement on Trade in Goods between the Republic of Turkey and the Republic of Korea

Status : Signed in 2012 .  In force since 2013
Scope : Bilateral
Type : Free Trade Agreement
WTO Notification : No Notification 
Agreement text : 
http://www.economy.gov.tr/upload//0B283590-EAC1-CC5F-4096273E0E1508E4/Agreement_On_Trade_In_Goods_Korea.doc
Other links : 
http://www.invest.gov.tr/en-US/infocenter/news/Pages/020513-turkey-south-korea-fta-takes-effect.aspx
WTO consideration process : 
GOODS
Tariffs


Rules of Origin


Contingency Measures
   Anti - Dumping : 
   Countervailing Duties : 
   Safeguards : 

Standards : 
Notes:
1 August 2012 - signed Agreement on Trade in Goods after completing 3 years of negotiations. Tariffs on all industrial products will be eliminated within seven years after the FTA takes effect. Korean exporters of autos, auto parts, petrochemicals, steel and textiles are expected to benefit most in the long term. Turkey-Korea FTA is currently constituted by Framework Agreement and Agreement on Trade in Goods. The entry into force of the Agreement on Trade in Goods is expected for 2013.
SERVICES
WTO Notification (GATS Art. V)
       Date of notification

       Consideration Process : 


Liberalization Approach

Modes Covered

Specific Chapters on

Specific Sectors Excluded

Public Sectors carve-out :

Most Favoured Nation :

National Treatment :

Market Access :

Domestic Regulation :

Subsidies covered by services disciplines :

Denial of benefits for commercial presence :
          


Notes :
          


Link to schedules :
INVESTMENT
Scheduling Approach

Definition of investment

Most Favoured Nation :
                           
National Treatment :
                           
Fair and Equitable Treatment :
                           
Expropriation :
                           
Board of Directors and executive personnel :

Invester - State arbitration :

Denial of Benefits :
          


Additional BIT exists between the parties :
          BIT list I :
                    Status:
          BIT list II :
                    Status:

Notes :
          


Link to schedules :
TRADE FACILITATION
Customs procedures : No
Customs valuation : No
Trade regulations publication and administration (transparency) : No
E-Commerce / Paperless trade : No
Cooperation in trade facilitation : No
OTHER AREAS
Government Procurement : No
Investment : No
Competition Policy : No
Intellectual Property : No
Dispute Settlement : No
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : No
Notes:
RULES OF ORIGIN
Cumulation
Specific Process
Heading Change
De Minimis
Minimum Content
Drawback
Http Link
Notes
TURKEY-KOREA
Turkey-Korea FTA

Member Countries
Korea, Rep.of
Turkey
Total: 2 countries

Agreement on Trade in Goods between the Republic of Turkey and the Republic of Korea

Status : Signed in 2012 .  In force since 2013
Scope : Bilateral
Type : Free Trade Agreement
WTO Notification : No Notification 
Agreement text : 
http://www.economy.gov.tr/upload//0B283590-EAC1-CC5F-4096273E0E1508E4/Agreement_On_Trade_In_Goods_Korea.doc

Other links : 
http://www.invest.gov.tr/en-US/infocenter/news/Pages/020513-turkey-south-korea-fta-takes-effect.aspx

WTO consideration process : 
GOODS
Tariffs



Rules of Origin



Contingency Measures
Anti - Dumping : 
Countervailing Duties : 
Safeguards : 

Standards : 

Notes:
1 August 2012 - signed Agreement on Trade in Goods after completing 3 years of negotiations. Tariffs on all industrial products will be eliminated within seven years after the FTA takes effect. Korean exporters of autos, auto parts, petrochemicals, steel and textiles are expected to benefit most in the long term. Turkey-Korea FTA is currently constituted by Framework Agreement and Agreement on Trade in Goods. The entry into force of the Agreement on Trade in Goods is expected for 2013.


SERVICES
WTO Notification (GATS Art. V)
Date of notification :
Consideration Process :

Liberalization Approach

Modes Covered

Specific Chapters on
Specific Sectors Excluded
Public Sectors carve-out :

Most Favoured Nation :

National Treatment :

Market Access :

Domestic Regulation :

Subsidies covered by services disciplines :

Denial of benefits for commercial presence :


Notes:

Link to schedules :

INVESTMENT
Scheduling Approach

Definition of investment

Most Favoured Nation :

National Treatment :


Fair and Equitable Treatment :


Expropriation :


Board of Directors and executive personnel :

Invester - State arbitration : No

Denial of Benefits :


Additional BIT exists between the parties :No

BIT list I :
Status:
BIT list II :
Status:

Notes :


Link to schedules :

TRADE FACILITATION
Customs procedures : No
Customs valuation : No
Trade regulations publication and administration : No
Use of ICT : No
Mobility of business people : No
Freedom of transit : No
Transport and logistics : No
Trade finance : No

OTHER AREAS
Government Procurement : No
Investment : No
Competition Policy : No
Intellectual Property : No
Dispute Settlement : No
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : No

Notes:


RULES OF ORIGIN
Cumulation

Specific Process

Heading Change

De Minimis

Minimum Content

Drawback

Http Link

Notes

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