Trade and Investment Minister Andrew Robb has announced that Australia’s Free Trade Agreement with South Korea will enter into force on 12 December 2014.

The Korea-Australia Free Trade Agreement (KAFTA) was signed in Seoul, South Korea, on 8 April 2014.

KAFTA will enter into force when both Korea and Australia have completed their domestic legal procedures.

The full text of the KAFTA is available on the Department of Foreign Affairs and Trade website.

Entry into Force

Trade and Investment Minister Andrew Robb has announced that Australia’s Free Trade Agreement with South Korea will enter into force on 12 December 2014.

Legislation

• Customs Amendment (Korea – Australia Free Trade Agreement Implementation) Act 2014
• Customs Tariff Amendment (Korea – Australia Free Trade Agreement Implementation) Act 2014
• Customs (Korean Rules of Origin) Regulation 2014

Practice Statement and Instructions and Guidelines

• Practice Statement NO. 2009/13 – Rules of Origin
• Instruction and Guideline – Korea-Australia Free Trade Agreement

http://www.customs.gov.au/site/Korea-Australia-free-trade-agreement.asp