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Showing posts with the label Peru FTA

제목 : [FTA HONG] Summary of the Korea-Peru FTA (FTA utilization rate, FTA utilization by industry, and summary of highlights)

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  The Korea-Peru FTA agreement, which is expected to play an important role as a bridgehead into the resource-rich and geopolitically important Latin American market, came into effect on August 1, 2011.   In the case of the Korea-Peru FTA, the method of issuing certificates of origin changed in 2016, the fifth year of the agreement, from allowing both Authority - Issued and Self - Issued to allowing only Self – Issued.   Accordingly, the Korea-Peru FTA Certificate of Origin should not use APPENDIX 4A-1 CERTIFICATE OF ORIGIN or APPENDIX 4A-2 ORIGIN DECLARATION, but should use ANNEX 4B CERTIFICATE OF ORIGIN.   CHAPTER FOUR (ORIGIN PROCEDURES)   ARTICLE 4.1: CERTIFICATE OF ORIGIN 3. A Certificate of Origin which certifies that a good being exported from the territory of  a Party into the territory of the other Party qualifies as originating shall: (a) be in a printed or electronic format; and (b) be completed in English in conformity with the ...