The Republic of Korea (RoK) will spare no efforts to help conclude the RCEP by the end of this year by forging deeper ties with the ASEAN, as the country strives to revitalise its ailing exports
Countries like China, South Korea and Japan may boast of low tariffs but they have erected huge non-tariff barriers (NTBs), most of which are tailored to mask the ferocity of trade protectionism, in a bid to control the imports they deem undesirable.
South Korea has secured 16 free trade partners — 12 countries and four trade blocs — around the globe since it started pursuing bilateral free trade agreements two decades ago.
The leaders of South Korea and China to expedite talks on supplementing a bilateral free trade agreement, Cheong Wa Dae said.
Top trade officials from South Korea, China and Japan agreed to accelerate their trilateral free trade talks and ramp up efforts to conclude a mega Asia-Pacific trade deal.
South Korea said it plans to expand its global network of free-trade agreements in 2020 by establishing deeper ties with emerging countries.
A news report on the current cooperation of China, Japan and the ROK in tackling the issue of unbalanced regional development.
Among the FTAs which have affected Indian domestic industry adversely, the India-Korea CEPA, signed in 2009, has been significant.
South Korean state owned power utility Kowepo has begun international arbitration proceedings against India in Singapore for not honouring a fuel supply commitment to its Maharashtra power plant.
Moon Jae-in, president of the Republic of Korea (ROK), hailed China’s important role in regional stability, security and development, vowing to deepen cooperation with China in areas such as RCEP and China-ROK-Japan free trade agreement (FTA) negotiations.
President Moon Jae-in pledged to expand South Korea‘s global free trade agreement network to boost its economic growth and fend off protectionism.
The two Asian powerhouses have recently been locked in a trade dispute but tensions “have de-escalated compared to what the situation was in summer,”
South Korea and Indonesia on Monday wound up seven and a half years of negotiations on a free trade deal, with an agreement to remove tariffs on steel, autos and beer.
China, South Korea and Japan will hold a new round of negotiations on the trilateral free trade agreement (FTA) this week in Seoul.
Cambodia and South Korea have signed a joint feasibility study agreement on a potential free trade agreement (FTA) aiming to expand bilateral investment volume between the two countries.
The Philippines and South Korea are aiming to conclude their free trade negotiations by next year in a bid to finally cure the trade and industry imbalances between the two Asian nations.
The South Korea Ministry of Trade, Industry and Energy’s strategic goals to facilitate cooperation between South Korea and ASEAN countries include expanding free trade agreement (FTA) networks such as the RCEP.
South Korea’s trade ministry said it plans to strike free trade agreements (FTAs) with 12 more countries by 2022
South Korea’s National Assembly ratified the free trade agreement between Seoul and London in a move to brace for Britain’s exit from the European Union.
Free Trade Agreement (FTA) negotiations with South Korea are currently stalled because Seoul has not budged on key items sought by the Philippine side, particularly on opening up the market for bananas.