Chile - Korea Free Trade Agreement
Part I General Aspects Back to top!
Chapter 1 Initial Provisions Back to top!
Article 1.1 Establishment of the Free Trade Area  
Article 1.2 Objectives  
Article 1.3 Relation to Other International Agreements  
Article 1.4 Succession of Treaties or International Agreements  
Article 1.5 Extent of Obligations  
Chapter 2 General Definitions Back to top!
Article 2.1 Definitions of General Application  
  Annex 2.1: Country-Specific DefinitionsPDF  
Part II Trade in Goods Back to top!
Chapter 3 National Treatment and Market Access for Goods Back to top!
Section A Definitions and Scope and Coverage Back to top!
Article 3.1 Definitions  
Article 3.2 Scope and Coverage  
Section B National Treatment Back to top!
Article 3.3 National Treatment  
Section C Tariffs Back to top!
Article 3.4 Tariff Elimination  
Article 3.5 Temporary Admission of Goods  
Article 3.6 Duty-Free Entry of Certain Commercial Samples of Negligible Value and Printed Advertising Materials  
Article 3.7 Goods Re-Entered after Repair or Alteration  
Article 3.8 Customs Valuation  
Section D Non-Tariff Measures Back to top!
Article 3.9 Import and Export Restrictions  
Article 3.10 Customs User Fees  
Article 3.11 Export Taxes  
Article 3.12 Emergency Clause for Agricultural Goods  
Article 3.13 Committee on Trade in Goods  
  Annex 3.5: Temporary Admission of Goods PDF  
  Annex 3.9: Import and Export Measures PDF  
Chapter 4 Rules of Origin Back to top!
Article 4.1 Definitions  
Article 4.2 Originating Goods  
Article 4.3 Regional Value Content  
Article 4.4 Intermediate Materials  
Article 4.5 Accumulation  
Article 4.6 De Minimis  
Article 4.7 Fungible Goods and Materials  
Article 4.8 Accessories, Spare Parts and Tools  
Article 4.9 Indirect Materials  
Article 4.10 Packaging Materials and Containers for Retail Sale  
Article 4.11 Packing Materials and Containers for Shipment  
Article 4.12 Transhipment  
Article 4.13 Non-Qualifying Operations  
Article 4.14 Interpretation and Application  
Article 4.15 Consultations and Modifications  
Chapter 5 Customs Procedures Back to top!
Article 5.1 Definitions  
Article 5.2 Certificate and Declaration of Origin  
Article 5.3 Obligations Regarding Importations  
Article 5.4 Obligations Regarding Exportations  
Article 5.5 Exceptions  
Article 5.6 Invoicing by a Non-Party Operator  
Article 5.7 Confidentiality  
Article 5.8 Origin Verifications  
Article 5.9 Advanced Rulings on Determinations of Origin  
Article 5.10 Review and Appeal  
Article 5.11 Penalties  
Article 5.12 Uniform Regulations  
Article 5.13 Cooperation  
Article 5.14 Review  
Chapter 6 Safeguards Measures Back to top!
Article 6.1 Safeguard Measures  
Chapter 7 Anti-Dumping and Countervailing Duty Matters Back to top!
Article 7 Anti-Dumping and Countervailing Duty Matters  
Chapter 8 Sanitary and Phytosanitary Measures Back to top!
Article 8.1 Definitions  
Article 8.2 General Provisions  
Article 8.3 Rights of the Parties  
Article 8.4 Obligations of the Parties  
Article 8.5 International Standards and Harmonization  
Article 8.6 Equivalence  
Article 8.7 Risk Assessment and Determination of Appropriate Sanitary and Phytosanitary Level of Protection  
Article 8.8 Adaptation to Regional Conditions, including Pest- or Disease-Free Areas and Areas of Low Pest or Disease Prevalence  
Article 8.9 Control, Inspection and Approval Procedures  
Article 8.10 Transparency  
Article 8.11 Committee on Sanitary and Phytosanitary Measures  
Chapter 9 Standard-Related Measures Back to top!
Article 9.1 Definitions  
Article 9.2 General Provision  
Article 9.3 Scope and Coverage  
Article 9.4 Basic Rights and Obligations  
Article 9.5 Compatibility  
Article 9.6 Conformity Assessment Procedures  
Article 9.7 Authorization Procedures  
Article 9.8 Transparency  
Article 9.9 Limitations on the Provision of Information  
Article 9.10 Committee on Standards-Related Measures  
Article 9.11 Technical Cooperation  
  Annex 9.10: Members of the Standards-Related Measures CommitteePDF  
Part III Investment, Services and Related Matters Back to top!
Chapter 10 Investment Back to top!
Section A Definitions Back to top!
Article 10.1 Definitions  
Section B Investment Back to top!
Article 10.2 Scope and Coverage  
Article 10.3 National Treatment  
Article 10.4 Most-Favoured-Nation Treatment  
Article 10.5 Minimum Standard of Treatment  
Article 10.6 Losses and Compensation  
Article 10.7 Performance Requirements  
Article 10.8 Senior Management and Boards of Directors  
Article 10.9 Reservations and Exceptions  
Article 10.10 Future Liberalization  
Article 10.11 Transfers  
Article 10.12 Exceptions and Safeguard Measures  
Article 10.13 Expropriation and Compensation  
Article 10.14 Subrogation  
Article 10.15 Special Formalities and Information Requirements  
Article 10.16 Relation to Other Chapters  
Article 10.17 Denial of Benefits  
Article 10.18 Environmental Measures  
Section C Settlement of Disputes between a Party and an Investor of the Other Party Back to top!
Article 10.19 Purpose  
Article 10.20 Claim by an Investor of a Party on Its Own Behalf  
Article 10.21 Claim by an Investor of a Party on Behalf of an Enterprise  
Article 10.22 Settlement of a Claim through Consultation and Negotiation  
Article 10.23 Notice of Intent to Submit a Claim to Arbitration  
Article 10.24 Submission of a Claim to Arbitration  
Article 10.25 Conditions Precedent to Submission of a Claim to Arbitration  
Article 10.26 Consent to Arbitration  
Article 10.27 Number of Arbitrators and Method of Appointment  
Article 10.28 Constitution of a Tribunal When a Party Fails to Appoint an Arbitrator or the Disputing Parties are Unable to Agree on a Presiding Arbitrator  
Article 10.29 Agreement to Appointment of Arbitrators  
Article 10.30 Consolidation  
Article 10.31 Notice  
Article 10.32 Participation by a Party  
Article 10.33 Documents  
Article 10.34 Place of Arbitration  
Article 10.35 Governing Law  
Article 10.36 Interpretation of Annexes  
Article 10.37 Expert Reports  
Article 10.38 Interim Measures of Protection  
Article 10.39 Final Award  
Article 10.40 Finality and Enforcement of an Award  
Article 10.41 General Provision  
Article 10.42 Exclusions  
Section D Investment and Cross-Border Trade in Services Committee Back to top!
Article 10.43 Investment and Cross-Border Trade in Services Committee  

Annex 10.9.6PDF


Annex 10.11PDF


Annex 10.20PDF

  Annex 10.41.2: Service of DocumentsPDF  
  Annex 10.41.4: Publication of an AwardPDF  
  Annex 10.43: Composition of the Investment and Cross-Border Trade in Services CommitteePDF  
Chapter 11 Cross-Border Trade in Services Back to top!
Article 11.1 Definitions  
Article 11.2 Scope and Coverage  
Article 11.3 National Treatment  
Article 11.4 Local Presence  
Article 11.5 Reservations  
Article 11.6 Quantitative Restrictions Back to top!
Article 11.7 Future Liberalization  
Article 11.8 Liberalization of Non-Discriminatory Measures  
Article 11.9 Procedures  
Article 11.10 Licensing and Certification  
Article 11.11 Denial of Benefits  
  Annex 11.10: Professional ServicesPDF  
Chapter 12 Telecommunications Back to top!
Article 12.1 Definitions  
Article 12.2 Scope and Coverage  
Article 12.3 Access to and Use of Public Telecommunications Transport Networks and Services  
Article 12.4 Conditions for the Provision of Enhanced or Value-Added Services  
Article 12.5 Standards-Related Measures  
Article 12.6 Monopolies  
Article 12.7 Transparency  
Article 12.8 Relation to Other Chapters  
Article 12.9 Relation to International Organizations and Agreements  
Article 12.10 Technical Cooperation and Other Consultations  
  Annex 12.1: Conformity Assessment ProceduresPDF  
  Annex 12.5.8: Committee on Telecommunications StandardsPDF  
Chapter 13 Temporary Entry for Business Persons Back to top!
Article 13.1 Definitions  
Article 13.2 General Principles  
Article 13.3 General Obligations  
Article 13.4 Grant of Temporary Entry  
Article 13.5 Provision of Information  
Article 13.6 Working Group  
Article 13.7 Dispute Settlement  
Article 13.8 Relation to Other Chapters  
  Annex 13.4: Temporary Entry for Business Persons PDF  
  Annex 13.4.1PDF  
  Appendix 13.4.I.1: Business Visitors PDF  
  Appendix 13.4.I.3: Existing Immigration MeasuresPDF  
Chapter 14 Competition Back to top!
Article 14.1 Definitions  
Article 14.2 Objectives  
Article 14.3 Notifications  
Article 14.4 Coordination of Enforcement Activities  
Article 14.5 Consultations when the Important Interests of a Party are Adversely Affected in the Territory of the Other Party  
Article 14.6 Exchange of Information and Confidentiality  
Article 14.7 Technical Assistance  
Article 14.8 Public Enterprises and Enterprises Entrusted with Special or Exclusive Rights, including Designated Monopolies  
Article 14.9 Dispute Settlement  
Part IV Government Procurement Back to top!
Chapter 15 Government Procurement Back to top!
Article 15.1 Definitions  
Article 15.2 Scope and Coverage  
Article 15.3 National Treatment and Non-Discrimination  
Article 15.4 Prohibition of Offsets  
Article 15.5 Transparency  
Article 15.6 Tendering Procedures  
Article 15.7 Conditions for Suppliers’ Participation in Procurement  
Article 15.8 Publication of Advance Notices  
Article 15.9 Tender Documentation  
Article 15.10 Time-Limits  
Article 15.11 Technical Specifications  
Article 15.12 Awarding of Contracts  
Article 15.13 Bid Challenges  
Article 15.14 Information Technology and Cooperation  
Article 15.15 Modifications to Coverage  
Article 15.16 Further Negotiations  
Article 15.17 Government Procurement Working Group  
  Annex 15.1: Coverage on Government Procurement  PDF  
  Annex 15.2: Government Procurement ImplementationPDF  
Part V Intellectual Property Rights Back to top!
Chapter 16 Intellectual Property Rights Back to top!
Article 16.1 Obligations  
Article 16.2 More Extensive Protection  
Article 16.3 Protection of Trademarks  
Article 16.4 Protection of Geographical Indications  
Article 16.5 Enforcement  
Article 16.6 Consultative Mechanism  
  Annex 16.4.3: Geographical Indications of KoreaPDF  
  Annex 16.4.4:  Geographical Indications of ChilePDF  
  Annex 16.4.5: Geographical Indications of Wines Originating in ChilePDF  
Part VI Administrative and Institutional Provisions Back to top!
Chapter 17 Transparency Back to top!
Article 17.1 Definitions  
Article 17.2 Contact Points  
Article 17.3 Publication  
Article 17.4 Notification and Provision of Information  
Article 17.5 Exchange of Information on State Aid  
Article 17.6 Administrative Proceedings  
Article 17.7 Review and Appeal  
Chapter 18 Administration of the Agreement Back to top!
Article 18.1 The Free Trade Commission  
Article 18.2 The Secretariat  
  Annex 18.1.1: Officials of the Free Trade CommissionPDF  
  Annex 18.1.2(c): Committees and Working GroupsPDF  
  Annex 18.1.3(c): Implementation of Decisions Adopted by the CommissionPDF  
  Annex 18.2: The SecretariatPDF  
Chapter 19 Dispute Settlement Back to top!
Section A Dispute Settlement Back to top!
Article 19.1 Cooperation  
Article 19.2 Scope of Application  
Article 19.3 Choice of Forum  
Article 19.4 Consultations  
Article 19.5 Good Offices, Conciliation and Mediation  
Article 19.6 Request for an Arbitral Panel  
Article 19.7 Roster  
Article 19.8 Qualifications of Panelists  
Article 19.9 Panel Selection  
Article 19.10 Model Rules of Procedure  
Article 19.11 Information and Technical Advice  
Article 19.12 Initial Report  
Article 19.13 Final Report  
Article 19.14 Implementation of Final Report  
Article 19.15 Non-Implementation - Suspension of Benefits  
Section B Domestic Proceedings and Private Commercial Dispute Settlement Back to top!
Article 19.16 Interpretation of the Agreement before Judicial and Administrative Proceedings  
Article 19.17 Private Rights  
Article 19.18 Alternative Dispute Resolution  
  Annex 19.2: Nullification or ImpairmentPDF  
  Annex 19.7: Code of Conduct for Members of Panels PDF  
  Annex 19.10: Model Rules of ProcedurePDF  
Part VII Other Provisions Back to top!
Chapter 20 Exceptions Back to top!
Article 20.1 General Exceptions  
Article 20.2 National Security  
Article 20.3 Taxation  
Article 20.4 Balance of Payments  
Chapter 21 Final Provisions Back to top!
Article 21.1 Annexes, Appendices and Notes  
Article 21.2 Amendments  
Article 21.3 Entry into Force  
Article 21.4 Termination of the Bilateral Investment Treaty  
Article 21.5 Work Program on Financial Services  
Article 21.6 Duration and Termination:  
Article 21.7 Authentic Texts  
Annexes   Back to top!
  Tariff Elimination Schedules Back to top!
  Annex 3.4: Elimination of Customs Duties  
  Section 1: Customs Duties on Imports Originating in Chile  PDF  
  Section 2: Customs Duties on Imports Originating in Korea  PDF  
  Appendix 1: Tariff Elimination Schedule of Chile PDF  
  Section A: Introductory Note  
  Section B: Schedule of Chile  
  Appendix 2: Tariff Elimination Schedule of Korea PDF  
  Section A: Introductory Note  
  Section B: Tariff Quotas for Products under Category “TQ” referred to in  Paragraph 2 under Section 1 of this Annex  
  Section C: Schedule of Korea  
  Rules of Origin Back to top!
  Annex 4  
  Specific Rules of Origin (The basis for tariff classification in this Specific Rules of Origin is the Harmonized System as amended on January 1, 2007) PDF  
  Specific Rules of OriginPDF  
  Investment and Services Back to top!
  Annex I: Reservations for Existing Measures and Liberalization Commitments (Chapters 10 and 11)  PDF  
  Annex II: Reservations for Future Measures (Chapters 10 and 11) PDF  
  Annex III: Quantitative Restrictions (Chapter 11) PDF  
  Annex IV: Miscellaneous Commitments (Chapter 11) Reserved For Future Use PDF  
Full Text of the Agreement PDF  
Source: Ministry of Foreign Affairs and Trade - Republic of Korea Offsite link!  
    Back to top!



  Spanish version
About the Agreement
  15 February 2003
  Entry into Force
  01 April 2004
Trade Policy Developments

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