- 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
15-Apr-2024
The Korea Times
Korea and Georgia kicked off another round of talks for a comprehensive economic partnership on trade and supply chains.
3-Apr-2024
Yonhap
South Korea’s trade ministry it has launched another round of talks with Chile to update their bilateral free trade agreement, aiming to reflect the latest changes in the global supply chain and the digital economy.
3-Apr-2024
AKIpress
Prime Minister of the Republic of Korea Han Duk-soo met with his Mongolian colleague Oyun-Erdene Luvsannamsrai in Seoul. Han Duk-soo expressed hope that the two countries will adopt the Economic Partnership Agreement as soon as possible.
22-Mar-2024
Yonhap News Agency
South Korea’s industry ministry said Friday it has discussed ways to broaden the economic ties with Bangladesh, including seeking a bilateral trade and investment promotion framework (TIPF).
19-Mar-2024
Yonhap
South Korea was to hold the second round of negotiations with Britain for upgrading the bilateral free trade agreement in response to changing global trade and business circumstances.
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.
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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