2006 Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea

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Additional Annexes	2006-AKFTA-TIG-Annex-1.pdf 2006-AKFTA-TIG-Annex-2.zip 2006-AKFTA-TIG-Annex-3.zip
Full Title	2006 Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea
Short Title / Abbreviations	2006 AKFTA TIG / AKTIG
CIL Subject Classification	ASEAN Documents ASEAN External Relations Republic of Korea
Date of Adoption	24/08/2006
Place of Adoption	Kuala Lumpur, Malaysia, 4th Consultations between the ASEAN Economic Ministers and the Minister for Trade of the Republic of Korea
Issued/Adopted by	Economic Ministers of ASEAN and the Republic of Korea
Dispute settlement provisions	Article 19: Dispute Settlement “Unless otherwise provided in this Agreement, any dispute concerning the interpretation, implementation or application of this Agreement shall be resolved through the procedures and mechanism as set out in the Agreement on Dispute Settlement Mechanism under the Framework Agreement.”
Depository	Secretary-General of ASEAN
Annexes	Annex 1: Modalities for Tariff Reduction and Elimination for Tariff Lines Placed in the Normal Track Annex 2: Modalities for Tariff Reduction and Elimination for Tariff Lines Placed in the Sensitive Track Annex 3: Rules of Origin Appendix 1: Operational Certification Procedures for the Rules of Origin Appendix 2: Product Specific Rules Appendix 3: Explanatory Notes of Annex 3 Note: Annex 2 was amended by the 2010 Protocol to Amend the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea. All three annexes were amended by the 2015 Third Protocol to Amend the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea.
Entry Into Force Status	In Force
Source	Treaty Room of the Ministry of Foreign Affairs of Indonesia
Date of Entry into Force	01/06/2007
Entry into Force / Termination Provisions	Article 21: Entry into Force “1. This Agreement shall enter into force on 1 July 2006, provided that at least one ASEAN Member Country and Korea are among the Signatory Countries that have by then notified all the other Parties in writing of the completion of their internal procedures. In the event this Agreement does not enter into force on 1 July 2006, it shall enter into force on the first day of the second month following the latter date on which at least one ASEAN Member Country and Korea have notified all the other Parties in writing of the completion of their internal procedures. 2. A Party shall, upon the completion of its internal procedures for the entry into force of this Agreement, notify all the other Parties in writing. 3. Where a Party is unable to complete its internal procedures for the entry into force of this Agreement by the date as set out in paragraph 1, this Agreement shall come into force for that Party upon the date of notification of the completion of its internal procedures. The Party concerned, however, shall be bound by the same terms and conditions of this Agreement, including any further commitments that may have been undertaken by the other Parties under this Agreement by the time of such notification, as if it had notified all the other Parties in writing of the completion of its internal procedures before the date of entry into force of this Agreement.”
Status
ASEAN States	(Source: ASEAN-Korea FTA Website as of 19/10/2022 and Treaty Room of the Ministry of Foreign Affairs of Indonesia as of 12/03/2024)
Brunei Darussalam	Signature 24/08/2006 Entry into Force 01/01/2008
Cambodia	Signature 24/08/2006 Notification 06/02/2008
Indonesia	Signature 24/08/2006 Notification 04/05/2007
Lao PDR	Signature 24/08/2006 Acceptance 31/05/2007
Malaysia	Signature 24/08/2006 Notification 25/08/2011
Myanmar	Signature 24/08/2006 Notification 02/12/2006
Philippines	Signature 24/08/2006
Singapore	Signature 24/08/2006
Thailand	Accession 27/02/2009 Notification 30/09/2009 Entry into Force 01/10/2009
Vietnam	Signature 24/08/2006 Notification 20/11/2006
Other Country	Republic of Korea Signature 24/08/2006 Notification 31/12/2007 Entry into Force 01/01/2008
Related Instruments
Protocols / Amendments to this instrument	2006 Letter of Understanding among the Parties to the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea on the Back-to-Back Certificate of Origin 2006 Letter of Understanding among the Parties to the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea on the Tariff Rate Quota 2009 Letter of Understanding for the Amendment of the Product Specific Rules set out in Appendix 2 of Annex 3 of the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of ASEAN and the Republic of Korea 2009 Protocol on the Accession of the Kingdom of Thailand to the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea 2010 Protocol to Amend the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea 2011 Second Protocol to Amend the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea 2015 Third Protocol to Amend the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea
Related Instruments	2004 Joint Declaration on Comprehensive Cooperation Partnership between the Association of Southeast Asian Nations and the Republic of Korea 2005 Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea 2005 Agreement on Dispute Settlement Mechanism Under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea 2007 Agreement on Trade in Services under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea 2009 Agreement on Investment under the Framework Agreement on Comprehensive Economic Cooperation Among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea This instrument incorporates provisions of the 1994 General Agreement on Trade and Tariffs
External Links	ASEAN accessed on 12/03/2024
Additional Information	The instrument was adopted following negotiations based on Articles 1.3 and 2.1 of the 2005 Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea. The date of entry into force listed above is taken from the Treaty Room of the Ministry of Foreign Affairs of Indonesia. The ASEAN-Korea Free Trade Area website also states that this Trade in Goods Agreement entered into force in June 2007 (exact day unspecified). Ratificaton/notification dates were not available from the ASEAN Secretariat website or ASEAN-Korea FTA website as of the date of update. The ratification/notification dates provided above for the Republic of Korea and Thailand were last accessed on the ASEAN-Korea FTA website maintained by the ASEAN Secretariat on the date indicated. The remaining dates were obtained from the Treaty Room of the Ministry of Foreign Affairs of Indonesia; however the dates of receipt by the depository are not available in this collection and the dates of transmission or adoption of the instruments have been provided instead. Thailand acceded to the 2006 Agreement on Trade in Goods and its letters of understanding via the 2009 Protocol on the Accession of the Kingdom of Thailand to the Agreement on Trade in Goods under the Framework Agreement on Comprehensive Economic Cooperation among the Governments of the Member Countries of the Association of Southeast Asian Nations and the Republic of Korea.