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U.S. considers rules-of-origin changes under Korean free trade agreement

U.S. considers rules-of-origin changes

The U.S. International Trade Commission (ITC) today announced a new investigation to consider possible changes to the rules of origin under the United States-Korea free trade agreement.

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The ITC release includes a request for comments about proposed modifications of the United States-Korea Free Trade Agreement (KORUS) rules of origin. Comments are due by March 29, 2019.

The investigation, U.S.-Korea FTA: Advice on Modifications to Certain Textile and Apparel Rules of Origin, was requested by the U.S. Trade Representative (USTR) in February 2019. The USTR request included an attachment detailing the certain textile and apparel articles affected by the proposed modifications. 

The ITC, as a fact-finding agency, will provide advice on the probable economic effect of the proposed U.S.-Korea free trade agreement rules of origin modifications on U.S. trade under the KORUS, total U.S. trade, and on domestic producers of the affected articles. The ITC is expected to submit its advice to the USTR in June 2019, to be followed by release of a public version of the report.


For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:

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Andy Siciliano
Partner and National Practice Leader
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E: asiciliano@kpmg.com

Luis (Lou) Abad
Principal, Washington National Tax
T: 212-954-3094
E: labad@kpmg.com

Irina Vaysfeld
Principal
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Amie Ahanchian
Managing Director
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Robert Waldrop
Principal
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E: rwaldrop@kpmg.com

Gisele Belotto
Managing Director
T: 305-913-2779
E: gbelotto@kpmg.com

Christopher Young
Principal
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E: christopheryoung@kpmg.com

Andy Doornaert
Managing Director
T: 313-230-3080
E: adoornaert@kpmg.com

George Zaharatos
Principal
T: 404-222-3292
E: gzaharatos@kpmg.com

Jessica Libby
Managing Director
T: 612-305-5533
E: jlibby@kpmg.com

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