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- 18 / 08 / 2019 -
New regulations on the implementation of the Rules of Origin in the ASEAN Free Trade Area Agreement – Korea

On 31/07/2019, the Ministry of Industry and Trade has just officially issued Circular No. 13/2019 / TT-BCT to replace Circular 04/2015/TT-BCT and amend some articles of the Circular 20/2014/TT-BCT regulating the implementation of Rules of Origin in the ASEAN Free Trade Area Agreement – Korea.
Accordingly, from September 13, 2019, the time of Circular 13/2019/TT-BCT officially takes effect, Procedures for granting and checking C/O – certificate of origin according to Vietnamese A/K form Men will be implemented in accordance with Decree No. 31/2018/ND-CP dated March 8, 2018. At the same time, Appendix II on the specific rules of goods is also adjusted to conform with the Decision through the list of goods conversion for specific rules of goods in Appendix 2 of Annex 3 of the Rule origin of the Trade in Goods Agreement under the Government Agreement on Comprehensive Economic Cooperation between Member States of the Association of Southeast Asian Nations and the Government of the Republic of Korea implemented by the Commission The 17th ASEAN-Korea Free Trade Agreement (AKFTA-IC) was issued in February 2019 in Seoul, South Korea. From September 1, 2019 to the end of December 31, 2019, the HS code shown on C/O will follow the 2017 HS version and show the corresponding 2012 HS code in brackets.
Thus, with the issuance of the Circular No. 13/2019/TT-BCT recently, the Government of Vietnam has taken another step in implementing commitments in the Agreement on Trade in Goods between ASEAN member countries and Korea and contribute to trade in goods within ASEAN as well as between Vietnam and Korea.