bilaterals.org logo
bilaterals.org logo

Korea


Chinese premier calls for quick progress in follow-up FTA talks with Korea
Chinese Premier Li Keqiang called for quick progress in follow-up free trade agreement (FTA) negotiations with Korea as he described the two countries as "inseparable" neighbors that should work together to defend supply chain stability.
Korea calls for digital pact with ASEAN under FTA framework
Korea suggested a new agreement on digital technology and systems with the Association of Southeast Asian Nations (ASEAN) countries under their free trade pact in a move to further bolster bilateral economic ties, Seoul’s trade ministry said.
China, S Korea made substantial progress for 2nd phase FTA talk: MOFCOM
China’s Ministry of Commerce (MOFCOM) said on Thursday that China and South Korea have made substantial progress in second-phase China-South Korea FTA talks.
S. Korea, Ecuador to resume official talks for trade deal in 6 years
South Korea and Ecuador will resume official talks on the formation of a bilateral free trade deal Monday after a six-year hiatus, Seoul’s trade ministry said.
Trade Minister discusses RCEP bill, IK-CEPA with House
Indonesia Trade Minister discussed the bill of the Ratification of the RCEP and the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) with the House of Representatives (DPR RI).
PH ready to sign free trade pact with S.Korea
The Philippines’ free trade agreement (FTA) with South Korea is inching closer to formalization with the initial signing of the economic pact seen within the next two weeks.
IPEF negotiations expected to start in August
The US and South Korean governments are expected to initiate negotiations on the framework proposed by US President Joe Biden in August (2022).
Trade Ministry expects IK-CEPA ratification in July
The Indonesia Trade Ministry expects the House of Representatives (DPR) to ratify the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) next month.
Kingdom calls on South Korea to hurry with FTA procedures
Phnom Penh has asked Seoul to complete its internal procedures as soon as possible for the bilateral Cambodia-Korea Free Trade Agreement to enter into force, which will stimulate trade between the two countries to “another level”, according to a commerce ministry spokesman.
Korea pushes for trade pacts with Middle East amid geopolitical shift
Korea seeks stronger presence in the region as tensions between Israel and Arab countries thaw.
S. Korea calls for quick ratification of trade deal with Indonesia
South Korea asked Indonesia to quickly ratify their trade deal as they seek to strengthen cooperation on supply chains and other economic issues.
Mexico wants a trade agreement with South Korea
The Mexican government is advancing its foreign trade agenda and will also negotiate a trade agreement with Korea because currently, 80% of Korean products enter Mexico without paying tariffs, while Mexican agricultural products pay up to 800% tariffs to enter the Korean market.
US-led Asia trade pact eyes clean energy, supply chains
US President Joe Biden has announced a new economic framework deal for Asia-Pacific designed to boost investment in clean energy infrastructure, drive decarbonisation efforts and strengthen regional supply chains.
What consequences will joining Biden’s IPEF have for S. Korea?
The US-led economic framework is designed to reorganize supply chains around the US — possibly sowing the seeds of conflict with China.
South Korea’s incoming government considers joining US economic pact
South Korea is "positively considering" joining an Indo-Pacific economic pact planned by the United States, a government official said.
Israel ratifies free trade agreement with South Korea
Israel is accelerating efforts to sign free trade agreements with East Asian economic powers and Israel’s vehicle market is likely to benefit from this over the coming months.
S. Korea presses US to ratify key international labor conventions
With the Korean government last year having ratified three conventions, including one prohibiting the use of forced labor, it has now ratified seven of eight core ILO conventions. Meanwhile, the US has ratified only two.
S. Korea decides to join CPTPP trade agreement
South Korea decided to join a mega free trade agreement involving 11 Asia-Pacific nations as the country seeks to diversify its export portfolio amid heightened economic uncertainty.
S. Korea, Australia discuss US-proposed economic framework, supply chains
Top trade officials of South Korea and Australia vowed to boost cooperation on the US-led economic initiative in the Indo-Pacific region and other trade issue.
South Korean farmers rally against free trade
Hundreds of South Korean farmers and fishers protested in the country’s financial and political center, Yeouido, demanding the government reconsider its intention to enter into yet another free trade agreement.