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South Korea Will Start Lifting Tariffs On Shoes And Clothing In Kampuchea In November.

2008/10/31 0:00:00 10275

The Republic Of Korea

Starting next month on the 1 day, more than 10000 brands of T-shirts and shoes imported from Kampuchea will be revoked.

31, South Korea's Ministry of Finance said: "Kampuchea's FTA agreement on trade between South Korea and ASEAN has been adopted."

It also said, "the agreement will be implemented on the 1 day of next month."

In this agreement, we have withdrawn tariffs on 10 thousand and 658 products imported from Kampuchea, including T-shirts, shoes and other garments.

After the entry into force of the commodity trade agreement with Kampuchea, from November 1st, the certificate of origin will be exported to Korea and the relevant preferential tax treatment will be given.

In June last year, the Sino Korean ASEAN trade agreement was used for imports and exports with 9 countries including Singapore, Indonesia, Malaysia, Vietnam, Laos and Burma, such as Philippines and Brunei.

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