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ASEAN–South Korea FTA – Preference Calculation Beverages | Freight-Academy™

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GlossaryEN1 min readUpdated: Jun 11, 2026

ASEAN–South Korea FTA – Preference Calculation Beverages

Under the ASEAN–South Korea Free Trade Agreement (FTA), beverage manufacturers and importers from the contracting parties can claim reduced tariff rates.

Quick Answer

Under the ASEAN–South Korea Free Trade Agreement (FTA), beverage manufacturers and importers from the contracting parties can claim reduced tariff rates.

The preference calculation involves verifying rules of origin—particularly local value content or processing requirements—to establish whether a beverage product qualifies for preferential duties.

Typically, a minimum threshold (often 40–50 % local value) must be met; the exact criteria depend on the product's HS classification and the FTA's annex schedules.

Last updated: 11 June 2026Published: 22 November 2025

Source: https://www.asean.org/asean-economic-community/free-trade-agreements/

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ASEAN–South Korea FTA – Preference Calculation Beverages

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Definition & Explanation

Under the ASEAN–South Korea Free Trade Agreement (FTA), beverage manufacturers and importers from the contracting parties can claim reduced tariff rates. The preference calculation involves verifying rules of origin—particularly local value content or processing requirements—to establish whether a beverage product qualifies for preferential duties. Typically, a minimum threshold (often 40–50 % local value) must be met; the exact criteria depend on the product's HS classification and the FTA's annex schedules.

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Recommended format: Source: Freight Academy – ASEAN–South Korea FTA – Preference Calculation Beverages (https://www.freight-academy.com/en/glossary/aseansouth-korea-fta-preference-calculation-beverages), accessed 2026-09-17
APA style: Freight Academy Editorial Team. (2025). ASEAN–South Korea FTA – Preference Calculation Beverages. Freight Academy. https://www.freight-academy.com/en/glossary/aseansouth-korea-fta-preference-calculation-beverages
BibTeX: @misc{aseansouthkoreafta2025, title = {ASEAN–South Korea FTA – Preference Calculation Beverages}, author = {{Freight Academy Editorial Team}}, year = {2025}, url = {https://www.freight-academy.com/en/glossary/aseansouth-korea-fta-preference-calculation-beverages}, note = {Freight Academy, accessed 2026-09-17} }

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