Issuing Circular on rules of origin of goods in AKFTA Agreement

The Ministry of Industry and Trade has just issued Circular No. 49/2025/TT-BCT stipulating the rules of origin of goods in the Trade in Goods Agreement under the Framework Agreement on Comprehensive Economic Cooperation between the Governments of the member countries of the Association of Southeast Asian Nations and the Republic of Korea (AKFTA Agreement).

Export storage yard at Tan Vu port, Hai Phong . Illustrative photo

Specifically, the Circular consists of 4 Chapters, 40 Articles and 4 Appendices inheriting the rules of origin of goods within the framework of the AKFTA Agreement issued in Circular No. 20/2014/TT-BCT dated June 25, 2014 of the Minister of Industry and Trade .

Circular regulating the implementation of Rules of Origin in the ASEAN - Korea Free Trade Agreement (amended and supplemented by Circulars No. 26/2018/TT-BCT dated September 14, 2018, Circular No. 13/2019/TT-BCT dated July 31, 2019 and Circular No. 04/2024/TT-BCT dated March 27, 2024).

Accordingly, the 4 Chapters of the Circular include methods for determining the origin of goods; regulations for some special goods; certification and inspection of the origin of goods and C/O form AK and Supplementary declaration of C/O form AK. The Circular also clearly stipulates the origin of goods under VKFTA such as goods with origin, goods with pure origin, goods with impure origin...; specific rules for goods, regulations for some special goods...; in which, it stipulates that goods with origin are goods imported into the territory of a member country that are considered to have origin and are eligible for tariff preferences if such goods meet one of the regulations on origin.

For example, having purely origin or being produced entirely in the territory of an exporting Member Country as prescribed in Article 6 of Circular 49; having not purely origin or not being produced entirely in the territory of an exporting Member Country provided that the goods satisfy Article 7 or Article 8 or Article 9 or Article 10 of Circular 49. For goods having purely origin, according to the provisions of Point a, Clause 1 of Article 5 of Circular 59, goods are considered to have purely origin or be produced entirely in the territory of a Member Country in cases where crops and products from crops are harvested, picked or gathered after being grown in that Member Country.

In addition, live animals born and raised in that Member State; products processed from live animals referred to in Clause 2 of Article 6. Also products obtained from hunting, trapping, fishing, aquaculture, gathering or capture in that Member State. Minerals and other naturally occurring substances not listed in Clauses 1 to 4 of this Article extracted or exploited from the soil, water, seabed or beneath the seabed of that Member State.

Seafood caught by vessels registered and entitled to fly the flag of that Member State and other marine products taken by that Member State or by a person of that Member State from the waters, seabed or beneath the seabed outside the territorial sea of ​​that Member State. Provided that that Member State has the right to exploit the natural resources from those waters, seabed and beneath the seabed in accordance with international law.

In addition, seafood caught and other marine products exploited from the high seas by vessels registered and authorized to fly the flag of that Member State. Products processed or manufactured on board a processing vessel registered and authorized to fly the flag of that Member State from the products mentioned in Clause 7 of Article 6. In particular, products from outer space exploited by that Member State or individuals of that Member State. Items collected from that Member State but no longer have their original functions or cannot be repaired or restored but are only suitable for waste or partially recovered as raw materials or used for recycling purposes.

Then there are waste and scrap derived from manufacturing processes in that Member State or used products collected in that Member State which are fit only for the recovery of raw materials. Goods obtained or produced in the territory of that exporting Member State solely from the products referred to in paragraphs 1 to 11 above.

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Source: https://baolaocai.vn/ban-hanh-thong-tu-ve-quy-tac-xuat-xu-hang-hoa-trong-hiep-dinh-akfta-post881956.html