NAFTA, Chile, Singapore, Australia, CAFTA-DR, Colombia, Panama, Korea, and Peru FTAs - Determining rules of originRules of Origin under FTAs
North America Free Trade Agreement, Chile, Singapore, Australia, Central America Free Trade Agreement-Domican Republic, Colombia, Panama, Korea, and Peru Free Trade Agreements
All apply TS- and/or RVC-based rules of origin. The TS-based rules vary among FTAs, but the principle of the tariff classification change test remains the same.
However, the applicable RVC-based rules may be net cost–, transaction value–, builddown-, or buildup-based, depending on a particular FTA and the particular product.
For example, to qualify a product for NAFTA, an exporter may need to apply either the net cost–based RVC rule (requires minimum 50 percent FTA-origin content) or transaction value–based ROO (requires minimum of 60 percent FTA-origin content).
All apply TS- and/or RVC-based rules of origin. The TS-based rules vary among FTAs, but the principle of the tariff classification change test remains the same.
However, the applicable RVC-based rules may be net cost–, transaction value–, builddown-, or buildup-based, depending on a particular FTA and the particular product.
For example, to qualify a product for NAFTA, an exporter may need to apply either the net cost–based RVC rule (requires minimum 50 percent FTA-origin content) or transaction value–based ROO (requires minimum of 60 percent FTA-origin content).