- Negotiations
The government of South Korea has concluded, or is pursuing negotiations for, a number of bilateral free trade and investment agreements. Korean social movements have been mobilizing in opposition to these ever since the Korea-Chile FTA was proposed. So far, South Korea has signed deals with Chile (2004), EFTA (2004), Singapore (2005), ASEAN (2007) the US (2007, ratified in 2011), Peru (2011) and Turkey (2012). Talks are under way with Canada, China, Mexico, India, the EU and, technically speaking, Japan. Negotiations with Colombia have stalled over Colombia’s demands for access for better terms for its fruit and flower exports than what Korea gives Chile and Peru. Seoul is also looking to open discussions with Mercosur, Malaysia, Mexico and possibly Israel.
last update: May 2012
Photo: Joe Mabel / CC BY-SA 3.0
29-Feb-2024
The Hindu
South Korea and India are hopeful of concluding ongoing negotiations to upgrade the Comprehensive Economic Partnership Agreement.
30-Jan-2024
Yonhap News Agency
South Korea and India will launch a new round of negotiations to upgrade their bilateral trade pact, Seoul’s trade ministry said.
23-Jan-2024
Yonhap
South Korea has launched the first round of talks with Britain to discuss ways to improve their bilateral free trade agreement.
9-Jan-2024
The Korea Times
Korea’s trade ministry said that Guatemala has formally signed a deal to join Seoul’s free trade agreement with a group of Central American nations.
11-Dec-2023
Yonhap
South Korea plans to hold talks with the six member states of the Gulf Cooperation Council this week in Saudi Arabia in the latest effort to work out differences to forge a free trade agreement, the industry ministry said.
4-Dec-2023
Yonhap News Agency
South Korea and Britain will begin negotiations for upgrading the bilateral free trade agreement (FTA) next month in response to changing global business circumstances.
21-Nov-2023
Reuters
Britain and South Korea will launch negotiations on a new free trade agreement (FTA) and sign a new diplomatic accord during a state visit by South Korean President Yoon Suk Yeol this week.
20-Nov-2023
Bangkok Post
Talks are underway for South Korea’s Ministry of Trade, Industry, and Energy to enter an Economic Partnership Agreement (EPA) with Thailand.
14-Nov-2023
Korea Times
Korea’s trade ministry said it has agreed with Georgia to officially launch negotiations for a comprehensive economic partnership on trade and supply chains.
24-Oct-2023
Yonhap News Agency
South Korea struck a free trade agreement with Ecuador and plan to officially sign the deal in the first half of next year following due domestic procedures. Under the deal, South Korea will remove tariffs on 96.4 percent of all items and Ecuador will lift tariffs on 92.8 percent of all products traded.
Links
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KoPA is a coalition of around 50 NGOs, social movement organizations, political parties, peasant organizations and trade unions working, among other things, to stop bilateral and regional free trade agreements and the WTO.
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