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SUNJIN NEWSLETTER
 
Subject : 77_Korean FTAs 2016_EN
Date : 2016-01-25
Janurary 2016, Newsletter no.77
Published by Sung-Ho Lee
 
 
     
  Korean FTAs  
     
   
 
     
  SUNJIN Chemical can
provide certificate of
origin promptly.
 
     
   
   
 
     
 
   Korea has FTAs(Free Trade Agreement) effective
   with 51 countries including the world’s three largest
   markets, USA & EU & CHINA.

 
FTAs effective
 
  Korea - USA
Korea - EU
Korea - Asean
Korea - India
Korea - EFTA
Korea - Australia
Korea - New Zealand
  Korea - China
Korea - Chile
Korea - Singapore
Korea - Peru
Korea - Canada
Korea - Turkey
 
 
     
 
   FTAs effective with
   Europe
     
 
Korea - EU(including UK)   2011.7.1
 
 
Korea - EFTA   2006.9.1
 
 
 
 
     
 
   FTAs effective with
   Asian countries
     
 
2007.6.1
 
Korea - India   2010.1.1
 
 
Korea - Singapore   2006.3.2
 
Korea - China   2015.12.20
 
 
 
 
     
 
   FTAs effective with
   Turkey & Australia
     
 
Korea - Turkey   2013.5.1
 
 
Korea - Australia   2014.12.12
 
 
     
 
 
Korea - New Zealand   2015.12.20
 
 
 
 
 
     
 
   FTAs effective with
   American countries
 
Korea - Chile   2004.4.1
 
 
Korea - USA   2012.3.15
 
     
Korea - Peru   2011.8.1
 
 
Korea - Canada   2015.1.1
 
 
 
 
     
 
   How will FTAs affect my business?
 
Lower Duties!
 
 
 
     
 
       
 
FTA will lower Import Duties, EU   *2011.7.1~  
 
  Korean Origin Approved
 
Products Tax
(Before)
Tax
(2016)
Trade Name
   Pure Silica 4.6 0.0    SUNSIL-20, SUNSIL-130, SUNSIL-150H
   Pure Zinc Oxide 5.5 0.0    SUNZNO
   Titanium Dioxide 6.5 0.0    T-80 Series,SUNTITAN60, …
   Surface Treated ZnO 6.5 0.0    SUNZNO-SA, SUNZNO, SUNZNO-NCO, …
   Polymer Bead 6.5 0.0    EPU-40, EPU-2X, …
   PMMA 6.5 0.0    SUNPMMA-S, SUNPMMA-P, SUNPMMA-COCO130, …
   Cationic Surfactant 4.0 0.0    SUNQAT-TE90, SUNQAT-PEQ90, …
 
 
 
     
 
       
 
FTA will lower Import Duties, USA   *2012.3.15~  
 
  Korean Origin Approved
 
Products Tax
(Before)
Tax
(2016)
Trade Name
   Silica
3.7 0.0    SUNSIL-20, SUNSIL-130, SH219, …
   Zinc Oxide 0.0 0.0    SUNZNO
   Titanium Dioxide 5.0 0.0    T-80 Series, SUNTITAN-Series, …
   Surface Treated ZnO 5.0 0.0    SUNZNO-SA, SUNZNO-AS, SUNZNO-NCO, …
   Surface Treated Silica 5.0 0.0    SUNSIL-130SC, SUNSIL-130AS, SUNSIL-150HSC, …
   TiO2 Encapsulated Silica 5.0 0.0    SH219AS, SUNSIL-Tin50, SUNSIL-Tin50AS, …
   Urethane contained Beads 5.0 0.0    EPU-40 PLUS, EPU-2X, ...
   Marshmallow Powder 5.0 0.0    Marshmallow Powder
   Solid PMMA 6.3 0.0    SUNPMMA-S, SUNPMMA-Plus
   Porous PMMA 6.3 0.0    SUNPMMA-COCO130, SUNPMMA-P, …
   Cationic Surfactant 4.0 0.0    SUNQAT-TE90, SUNQAT-PEQ90, …
 
 
 
 
  : Tax is free from 2016
 
 
 
     
 
       
 
FTA will lower Import Duties, China   *2015.12.20~  
 
  Korean Origin Approved
 
Products Tax
(Before)
Tax
(2016)
Trade Name
   Silica 5.5 3.3
   SUNSIL-20, SUNSIL-130, SH219, …
   Zinc Oxide 5.5 3.3    SUNZNO
   Titanium Dioxide 6.5 5.6    T-80 Series, SUNTITAN-Series, …
   Surface Treated ZnO 6.5 5.6    SUNZNO-SA, SUNZNO-AS, SUNZNO-NCO, …
   Surface Treated Silica 6.5 5.6    SUNSIL-130SC, SUNSIL-130AS, SUNSIL-150HSC, …
   TiO2 Encapsulated Silica 6.5 5.6    SH219AS, SUNSIL-Tin50, SUNSIL-Tin50AS, …
   Urethane contained Beads 6.5 5.6    EPU-40 PLUS, EPU-2X, ...
   Marshmallow Powder 6.5 5.6    Marshmallow Powder
   Solid PMMA 6.5 6.2    SUNPMMA-S, SUNPMMA-Plus
   Porous PMMA 6.5 6.2    SUNPMMA-COCO130, SUNPMMA-P, …
   Cationic Surfactant 6.5 5.5    SUNQAT-TE90, SUNQAT-PEQ90, …
 
 
 
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