A brief overview of the rules of origin calculation under the Chile, Singapore, CAFTA-DR, Peru, Colombia, Korea and Panama free trade agreements. This information is part of "A Basic Guide to Exporting", provided by the U.S. Commercial Service, to assist companies in exporting.
Last Published: 10/20/2016
Chile, Singapore, Australia, CAFTA-DR, Peru, Colombia, Korea, and  Panama FTAs

Apply the buildup rule (the total value of the originating materials must be greater than 35 percent) or the builddown rule (the subtracted value of the non-originating materials must be greater than 45 percent).