What is the tolerance threshold under the EU-Korea FTA?

The general tolerance is 10% of the ex-works value of the finished product.

EU-Korea FTA - HS 31

EU-South Korea Free Trade Agreement

3 RegelnToleranz: 10%2011

3101-3104Fertilisers

MaxNOM

Manufacture from materials of any heading, except that of the product. However, materials of the same heading as the product may be used, provided that their total value does not exceed 20% of the ex-works price of the product.

20% ex-works

ODER - alternative Regel

MaxNOM

Manufacture in which the value of all the materials used does not exceed 40% of the ex-works price of the product.

40% ex-works

EU-Korea FTA - HS 31

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