OAS
 
 
Colombia - Korea Free Trade Agreement
(This Agreement has been marked up by SICE. A PDF version can be found here.)
Table of Contents  
 

Preamble

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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

Definitions

 
     

Chapter Two

National Treatment and Market Access for Goods

 
Article 2.1

Scope

 
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  

Definitions

 
Article 2.17  

Definitions

 
  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  

Accumulation

 
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  

Penalties

 
Article 3.30  

Definitions

 
 

 

 
Chapter Four

Customs Administration and Trade Facilitation

 
Section A  

Trade Facilitation

 
Article 4.1  

Objectives and Principles

 
Article 4.2  

Transparency

 
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  

Confidentiality

 
Article 4.21  

Customs Committee

 
Article 4.22  

Implementation

 
Section C  

Definitions

 
Article 4.23  

Definitions

 
     
Chapter Five

Sanitary and Phytosanitary Measures

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Article 5.1

Objective

 
Article 5.2

Scope

 
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  

Objectives

 
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  

Transparency

 
Article 6.8

Joint Cooperation

 
Article 6.9  

Committee on Technical Barriers to Trade

 
Article 6.10  

Information Exchange

 
Article 6.11  

Definitions

 
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  

Compensation

 
Article 7.5  

Global Safeguard Measures

 
Article 7.6  

Definitions

 
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

Investment

 
Section A  

Investment

 
Article 8.1  

Scope

 
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  

Transfers

 
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  

Subrogation

 
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  

Consolidation

 
Article 8.26  

Awards

 
Article 8.27  

Service of Documents

 
Section C  

Definitions

 
Article 8.28  

Definitions

 
 

 

 
Chapter Nine

Cross-Border Trade in Services

 
Article 9.1  

Scope

 
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  

Recognition

 
Article 9.10  

Payments and Transfers

 
Article 9.11  

Denial of Benefits

 
Article 9.12  

Work program on Financial Services

 
Article 9.13  

Definitions

 
 

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  

Definitions

 
     

Chapter Eleven

Telecommunications

 
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  

Interconnection

 
Article 11.6  

Resale

 
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  

Transparency

 
Article 11.15  

Relationship to Other Chapters

 
Article 11.16  

Technical Cooperation

 
Article 11.17  

Definitions

 
     

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  

Cooperation

 
Article 12.7  

Relation to Other Chapters

 
Article 12.8  

Definitions

 
     

Chapter Thirteen

Competition and Consumer Policy

 
Article 13.1  

Objectives

 
Article 13.2  

Implementation

 
Article 13.3  

Cooperation

 
Article 13.4  

Notifications

 
Article 13.5  

Consultations

 
Article 13.6  

Technical Assistance

 
Article 13.7  

Confidentiality

 
Article 13.8  

Cooperation on Consumer Protection

 
Article 13.9  

State Enterprises and Designated Monopolies

 
Article 13.10  

Dispute Settlement

 
Article 13.11  

Definitions

 
     

Chapter Fourteen

Government Procurement

 
Article 14.1  

Scope of Application

 
Article 14.2  

Exceptions

 
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  

Time-Period

 
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  

Cooperation

 
Article 14.18  

Committee on Government Procurement

 
Article 14.19  

Further Negotiations

 
Article 14.20  

Definitions

 
  Annex 14-A PDF  
     

Chapter Fifteen

Intellectual Property Rights

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Article 15.1  

Objectives

 
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  

Trademarks

 
Article 15.7  

Copyright and Related Rights

 
Article 15.8  

Enforcement

 
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  

Scope

 
Section A  

Environment

 
Article 16.3  

General Principles

 
Article 16.4  

Specific Commitments

 
Article 16.5  

Biological Diversity

 
Section B  

Labor

 
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  

Transparency

 
Article 16.11  

Council on Sustainable Development

 
Article 16.12  

Contact Point

 
Article 16.13  

Consultations

 
Section D  

Cooperation

 
Article 16.14  

Cooperation

 
 

 

 

Chapter Seventeen

Cooperation

 
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

Transparency

 
Article 18.1  

Publication

 
Article 18.2  

Notification and Provision of Information

 
Article 18.3  

Administrative Proceedings

 
Article 18.4  

Review and Appeal

 
Article 18.5  

Definitions

 
     

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  

Cooperation

 
Article 20.2  

Scope of Application

 
Article 20.3  

Choice of Forum

 
Article 20.4  

Consultations

 
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

Exceptions

 
Article 21.1  

General Exceptions

 
Article 21.2  

Essential Security

 
Article 21.3  

Taxation

 
Article 21.4  

Disclosure of Information

 
     
Chapter Twenty-Two

Final Provisions

 
Article 22.1

Annexes, Appendices, and Footnotes

 
Article 22.2

Amendments

 
Article 22.3 

Amendement of the WTO Agreement

 
Article 22.4

Entry into Force

 
Article 22.5

Termination

 
Article 22.6

Provisional Application

 
Article 22.7

Authentic Texts

 
     
Annexes    
  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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Spanish
About the Agreement
  Signature
  21 February 2013
  Entry into Force
  15 July 2016
Trade Policy Developments
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