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

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

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EU-Korea FTA - HS 28

EU-South Korea Free Trade Agreement

1 rulesTolerance: 10%2011

2800-2899Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radio active elements or of isotopes;

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

OR - alternative rule

MaxNOM

Manufacture in which the value of all the materials used does not exceed 50% of the ex-works price of the product.

50% ex-works

General chapter rule

2800-2899Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radio active elements or of isotopes;

MaxNOM

20% ex-works

OR - alternative rule

MaxNOM

Manufacture in which the value of all the materials used does not exceed 50% of the ex-works price of the product.

2800-2899Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radio active elements or of isotopes;

MaxNOM

20% ex-works

OR - alternative rule

MaxNOM

Manufacture in which the value of all the materials used does not exceed 50% of the ex-works price of the product.

50% ex-works

General chapter rule

2800-2899Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radio active elements or of isotopes;

MaxNOM

20% ex-works

OR - alternative rule

MaxNOM

Manufacture in which the value of all the materials used does not exceed 50% of the ex-works price of the product.

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