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India–South Korea CEPA

182 words · 24 sections · 1 data table(s)

In Force 2010 | South Korea

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Agreement Overview

Duty Savings Opportunity

MFN vs FTA preferential rate — calculate per HS code for exact annual saving

Rules of Origin compliance — CTSH, CTH, RVC, or PSR as applicable

Certificate of Origin — correct form required for FTA preference claim

Cumulation provisions — third-country inputs may qualify under accumulation rules

Priority Sectors

Pharmaceuticals & APIs — generic drug preferential access

Engineering Goods & Machinery — staging schedule duty elimination

Textiles & Garments — yarn-forward or fabric-forward RoO compliance

IT & Software Services — Mode 1 delivery and Mode 4 professional mobility

Gems & Jewellery — polished diamonds, coloured stones, gold jewellery zero duty

Mandate Configurations

Unilateral (Sell): Indian exporter uses FTA preference to access partner market

Bilateral: Reciprocal India ↔ partner trade under FTA framework

Trilateral: India → UAE CEPA → partner leveraging dual FTA

Multilateral: Multi-country supply chain using FTA cumulation

AJG Commission-Only Policy

All 273 FTA mandates facilitated commission-only. No retainer. No upfront fee. Both principals active.

allfrontierglobal.com/ftas/india-korea-cepa.php

FieldDetails
Agreement NameIndia–South Korea CEPA
StatusIn Force 2010
PartiesSouth Korea
Key ScopeEngineering, EVs, chemicals. Samsung, Hyundai, LG supply chain India.
AJG ApplicationSell, buy, bilateral, trilateral, multilateral — commission-only

Related guides

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