NO ANTI-DUMPING TARIFF FREE INTO EU
FTA is an agreement aimed at allowing free flow of goods and services for mutual trade promotion between specified countries. With Korea-US FTA and Korea-EU agreement, the tax-barrier of the US and EU against Korean products be lifted, which leads to the price competitiveness of Korean export. Since tariffs be taken away, Korean products have more prices are competitive and why our customers are chasing our product lineup, which are evolved by our R&D system.
By the regulations in the red box, electric bicycles produced by our company are free from tariffs under the EU-Korea FTA agreement.