Colombia - Korea Free Trade Agreement
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Table of Contents  


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Chapter One

Initial Provisions and General Definitions

Section A

Initial Provisions

Article 1.1

Establishment of a Free Trade Area

Article 1.2

Relation to other Agreements

Section B

General Definitions

Article 1.3



Chapter Two

National Treatment and Market Access for Goods

Article 2.1


Section A  

National Treatment

Article 2.2  

National Treatment

Section B  

Elimination of Customs Duties

Article 2.3  

Elimination of Customs Duties

Section C  

Special Regimes

Article 2.4  

Waiver of Customs Duties

Article 2.5  

Temporary Admission of Goods

Article 2.6  

Goods Re-Entered After Repair or Alteration

Article 2.7  

Duty-Free Entry of Commercial Samples of Negligible Value and Printed Advertising Materials

Section D  

Non-Tariff Measures

Article 2.8  

Import and Export Restrictions

Article 2.9  

Import Licensing

Article 2.10  

Administrative Fees and Formalities

Article 2.11  

Export Duties, Taxes, or Other Charges

Article 2.12  

State Trading Enterprises

Section E  

Other Measures

Article 2.13  

Agricultural Safeguard Measures

Article 2.14  

Agricultural Export Subsidies

Article 2.15  

Andean Price Band System

Section F  

Institutional Provisions

Article 2.16  

Committee on Trade in Goods

Section G  


Article 2.17  


  Annex 2-A: Tariff Schedule of Colombia PDF  
  Annex 2-A: Tariff Schedule of Korea PDF  



Chapter Three

Rules of Origin and Origin Procedures

Section A  

Rules of Origin

Article 3.1

Originating Goods

Article 3.2  

Wholly Obtained or Produced Goods

Article 3.3  

Regional Value Content

Article 3.4  

Value of Materials

Article 3.5  

Intermediate Goods

Article 3.6  


Article 3.7  

De Minimis

Article 3.8  

Fungible Goods

Article 3.9  

Accessories, Spare Parts,and Tools

Article 3.10  

Sets of Goods

Article 3.11  

Packaging Materials and Containers for Retail Sale

Article 3.12  

Packing Materials and Containers for Shipment

Article 3.13  

Indirect Materials

Article 3.14  

Non-Qualifying Operation

Article 3.15  

Direct Transport

Article 3.16  

Principle of Territoriality

Article 3.17  

Consultation and Modification

Section B  

Origin Procedures

Article 3.18  

Certificate of Origin

Article 3.19  

Claims for Preferential Tariff Treatment

Article 3.20  

Post-Importation Claims for Preferential Tariff Treatment

Article 3.21  

Waiver of Certificate of Origin

Article 3.22  

Obligations Regarding Exportations

Article 3.23  

Record Keeping Requirements

Article 3.24  

Discrepancies and Formal Errors

Article 3.25  

Origin Verification

Article 3.26  

Denial of Preferential Tariff Treatment

Article 3.27  

Non-Party Invoices

Article 3.28  

Uniform Regulations

Article 3.29  


Article 3.30  




Chapter Four

Customs Administration and Trade Facilitation

Section A  

Trade Facilitation

Article 4.1  

Objectives and Principles

Article 4.2  


Article 4.3  

Harmonization and Facilitation

Article 4.4  

Use of Automated Systems

Article 4.5  

Risk Management

Article 4.6  

Authorized Economic Operator

Article 4.7  

Release of Goods

Article 4.8  

Express Shipments

Article 4.9  

Advance Rulings

Article 4.10  

Review and Appeal

Section B  

Customs Cooperation and Mutual Assistance

Article 4.11  

Customs Cooperation

Article 4.12  

Mutual Administrative Assistance in Customs Matters

Article 4.13  

Form and Substance of Requests for Assistance

Article 4.14  

Execution of Assistance Requests

Article 4.15  

Exceptions to the Obligation to Provide Assistance

Article 4.16  

Information Exchange and Confidentiality

Article 4.17  

Experts and Witnesses

Article 4.18  

Assistance Expenses

Article 4.19  

Bilateral Customs Consultation

Article 4.20  


Article 4.21  

Customs Committee

Article 4.22  


Section C  


Article 4.23  


Chapter Five

Sanitary and Phytosanitary Measures

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Article 5.1


Article 5.2


Article 5.3

Rights and Obligations

Article 5.4  

Risk Assessment

Article 5.5  

Committee on Sanitary and Phytosanitary Measures

Chapter Six

Technical Barriers to Trade

Article 6.1  


Article 6.2  

General Provision

Article 6.3  

Scope of Application

Article 6.4  

International Standards

Article 6.5  

Equivalence of Technical Regulations

Article 6.6  

Conformity Assessment Procedures

Article 6.7  


Article 6.8

Joint Cooperation

Article 6.9  

Committee on Technical Barriers to Trade

Article 6.10  

Information Exchange

Article 6.11  


Article 6.12  

Border Control and Market Surveillance



Chapter Seven

Trade Remedies

Section A  

Safeguard Measures

Article 7.1  

Application of a Safeguard Measure

Article 7.2  

Standards for a Safeguard Measure

Article 7.3  

Provisional Measures

Article 7.4  


Article 7.5  

Global Safeguard Measures

Article 7.6  


Section B  

Anti-Dumping and Countervailing Measures

Article 7.7  

Anti-Dumping and Countervailing Measures

Article 7.8  

Notification and Consultations

Article 7.9  

Dispute Settlement


Chapter Eight


Section A  


Article 8.1  


Article 8.2  

Relation to other Chapters

Article 8.3  

National Treatment

Article 8.4  

Most-Favored-Nation Treatment

Article 8.5  

Minimum Standard of Treatment

Article 8.6  

Losses and Compensation

Article 8.7  

Expropriation and Compensation

Article 8.8  


Article 8.9  

Performance Requirements

Article 8.10  

Senior Management and Boards of Directors

Article 8.11  

Investment and Environment

Article 8.12  

Denial of Benefits

Article 8.13  

Non-Conforming Measures

Article 8.14  

Special Formalities and Information Requirements

Article 8.15  


Section B  

Investor-State Dispute Settlement

Article 8.16  

Settlement of Investment Disputes Between a Party and an Investor of the Other Party

Article 8.17  

Consultation and Negotiation

Article 8.18  

Submission of a Claim

Article 8.19  

Consent of Each Party to Arbitration

Article 8.20  

Conditions and Limitations on Consent of Each Party

Article 8.21  

Constitution of an Arbitral Tribunal

Article 8.22  

Conduct of the Arbitration

Article 8.23  

Governing Law

Article 8.24  

Expert Reports

Article 8.25  


Article 8.26  


Article 8.27  

Service of Documents

Section C  


Article 8.28  




Chapter Nine

Cross-Border Trade in Services

Article 9.1  


Article 9.2  

National Treatment

Article 9.3  

Most-Favored-Nation Treatment

Article 9.4  

Market Access

Article 9.5  

Local Presence

Article 9.6  

Non-Conforming Measures

Article 9.7  

Domestic Regulation

Article 9.8  

Transparency in Developing and Applying Regulations

Article 9.9  


Article 9.10  

Payments and Transfers

Article 9.11  

Denial of Benefits

Article 9.12  

Work program on Financial Services

Article 9.13  



Annex 9-A: Professional Services


Side Letter: Understanding on Gambling Services PDF

  Side Letter: Understanding on CBTS & Investment PDF  

Chapter Ten

Temporary entry for Business Persons

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Article 10.1  

General Principles

Article 10.2  

General Obligations

Article 10.3  

Grant of Temporary Entry

Article 10.4  

Provision of Information

Article 10.5  

Working Group

Article 10.6  

Contact Points

Article 10.7

Dispute Settlement

Article 10.8  

Relation to other Chapters

Article 10.9  

Transparency in Development and Application of Regulations

Article 10.10  



Chapter Eleven


Article 11.1

Scope and Coverage

Section A  

Access to and Use of Public Telecommunications Transport Networks and Services

Article 11.2  

Access to and Use of Public Telecommunications Transport Networks and Services

Section B  

Additional Obligations Relating to Major Suppliers of Public Telecommunications Transport Networks and Services

Article 11.3  

Treatment by Major Suppliers

Article 11.4  

Competitive Safeguards

Article 11.5  


Article 11.6  


Article 11.7  

Unbundling Of Network Elements

Section C  

Other Measures

Article 11.8  

Conditions for the Supply of Value-Added Services

Article 11.9  

Independent Regulatory Bodies

Article 11.10  

Universal Service

Article 11.11  

Licensing Process

Article 11.12  

Allocation and Use of Scarce Resources

Article 11.13  

Resolution of Telecommunications Disputes

Article 11.14  


Article 11.15  

Relationship to Other Chapters

Article 11.16  

Technical Cooperation

Article 11.17  



Chapter Twelve

Electronic Commerce

Article 12.1  

Objectives and Principles

Article 12.2  

Customs Duties

Article 12.3  

Online Personal Data Protection

Article 12.4  

Paperless Trade Administration

Article 12.5  

Consumer Protection

Article 12.6  


Article 12.7  

Relation to Other Chapters

Article 12.8  



Chapter Thirteen

Competition and Consumer Policy

Article 13.1  


Article 13.2  


Article 13.3  


Article 13.4  


Article 13.5  


Article 13.6  

Technical Assistance

Article 13.7  


Article 13.8  

Cooperation on Consumer Protection

Article 13.9  

State Enterprises and Designated Monopolies

Article 13.10  

Dispute Settlement

Article 13.11  



Chapter Fourteen

Government Procurement

Article 14.1  

Scope of Application

Article 14.2  


Article 14.3  

General Principles

Article 14.4  

Information on the Procurement System

Article 14.5  

Publication Of Notices

Article 14.6  

Conditions for Participation

Article 14.7  

Registration and Qualification of Suppliers

Article 14.8  


Article 14.9  

Information on Intended Procurement

Article 14.10  

Limited Tendering

Article 14.11  

Electronic Auctions

Article 14.12  

Treatment of Tenders and Awarding of Contracts

Article 14.13  

Post-Award Information

Article 14.14  

Domestic Review Procedures

Article 14.15  

Rectifications and Modifications to Coverage

Article 14.16  

Micro, Small, and Medium Enterprises’ Participation

Article 14.17  


Article 14.18  

Committee on Government Procurement

Article 14.19  

Further Negotiations

Article 14.20  


  Annex 14-A PDF  

Chapter Fifteen

Intellectual Property Rights

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Article 15.1  


Article 15.2  

Observance of International Obligations

Article 15.3  

More Extensive Protection

Article 15.4  

Basic Principles

Article 15.5  

General Provisions

Article 15.6  


Article 15.7  

Copyright and Related Rights

Article 15.8  


Article 15.9  

Special Requirements Related to Border Measures

Article 15.10  

Technology Transfer and Cooperation


Chapter Sixteen

Trade and Sustainable Development

Article 16.1  

Context and Objectives

Article 16.2  


Section A  


Article 16.3  

General Principles

Article 16.4  

Specific Commitments

Article 16.5  

Biological Diversity

Section B  


Article 16.6  

General Principles

Article 16.7  

Specific Commitments

Section C  

General Provisions

Article 16.8  

Enforcement of Laws

Article 16.9  

Procedural Guarantee

Article 16.10  


Article 16.11  

Council on Sustainable Development

Article 16.12  

Contact Point

Article 16.13  


Section D  


Article 16.14  





Chapter Seventeen


Article 17.1  

Scope and Objectives

Article 17.2  

Methods and Means

Article 17.3  

Agricultural Cooperation

Article 17.4  

Fisheries and Aquaculture Cooperation

Article 17.5  

Forestry Cooperation

Article 17.6  

Maritime Transport Cooperation

Article 17.7  

Information and Communications Technology Cooperation

Article 17.8  

Energy and Mineral Resources Cooperation

Article 17.9  

Small and Medium-Sized Enterprises Cooperation 

Article 17.10  

Industrial and Commercial Cooperation

Article 17.11  

Science and Technology Cooperation

Article 17.12  

Tourism Cooperation

Article 17.13  

Cultural Cooperation

Article 17.14  

Identification, Development, Follow-Up and Monitoring Initiatives of Cooperation


Chapter Eighteen


Article 18.1  


Article 18.2  

Notification and Provision of Information

Article 18.3  

Administrative Proceedings

Article 18.4  

Review and Appeal

Article 18.5  



Chapter Nineteen

Institutional Provisions

Article 19.1  

Joint Commission

Article 19.2  

Contact Points




Chapter Twenty

Dispute Settlement

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Article 20.1  


Article 20.2  

Scope of Application

Article 20.3  

Choice of Forum

Article 20.4  


Article 20.5  

Referral to The Joint Commission

Article 20.6  

Good Offices, Conciliation, or Mediation

Article 20.7  

Establishment of Panel

Article 20.8  

Rules of Procedure

Article 20.9  

Panel Report

Article 20.10  

Implementation of the Final Report

Article 20.11  

Non-Implementation and Suspension of Benefits

Article 20.12  

Compliance Review




Chapter Twenty-One


Article 21.1  

General Exceptions

Article 21.2  

Essential Security

Article 21.3  


Article 21.4  

Disclosure of Information

Chapter Twenty-Two

Final Provisions

Article 22.1

Annexes, Appendices, and Footnotes

Article 22.2


Article 22.3 

Amendement of the WTO Agreement

Article 22.4

Entry into Force

Article 22.5


Article 22.6

Provisional Application

Article 22.7

Authentic Texts

  Annex I  
  Explanatory Notes PDF  
  Schedule of Colombia PDF  
  Schedule of Korea PDF  
  Annex II  
  Explanatory Notes PDF  
  Schedule of Colombia PDF  
  Schedule of Korea PDF  
PDF version of text PDF  
Source: Ministerio de Comercio, Industria y Turismo, República de Colombia Offsite link!  
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About the Agreement
  21 February 2013
  Entry into Force
  15 July 2016
Trade Policy Developments
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Topics Covered in the Agreement