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Korea

Moon: S. Korea to consider joining CPTPP to expand its free trade network
8-Dec-2020 Yonhap
President Moon Jae-in said that South Korea is considering becoming a member of a major Asia-Pacific free trade agreement, known as the CPTPP.
Asia’s historic trade pact to open oil-supply route to China
8-Dec-2020 Bloomberg Quint
South Korea and Japan look set to be the biggest winners in the Asian oil and chemicals marketplace as the world’s largest regional free-trade agreement paves the way for a gradual reduction in tariffs.
Seoul rejects Lone Star’s out-of-court ISD settlement offer
1-Dec-2020 Pulse
The South Korean government has opted for an international arbitration over its longstanding dispute with Lone Star Funds after it turned down the US fund’s final $870-million out-of-court settlement proposal.
China’s push for FTA with S. Korea, Japan appears aimed at checking US influence
30-Nov-2020 Yonhap
China’s renewed pursuit of a free trade agreement with South Korea and Japan appears aimed at undercutting US influence and shaping regional economic cooperation on terms favorable to it.
South Korean government likely to reject Lone Star’s offer
24-Nov-2020 Business Korea
Lone Star Funds, which is in litigation against the South Korean government at the International Centre for Settlement of Investment Disputes, suggested US$870 million as a concession.
SoKor to step up FTA talks with PH
24-Nov-2020 Malaya Business Insight
South Korea has expressed intention to step up the pace of the negotiations on the proposed Philippines-Korea Free Trade Agreement (FTA), the Department of Finance (DOF) said in a statement.
China-Japan-SK FTA to speed up with RCEP push
19-Nov-2020 Global Times
In the wake of the successful signing of the world’s largest trade deal - RCEP that encompasses a third of the global economy, a higher level trilateral free trade agreement(FTA) among China, Japan and South Korea is likely to be reached sooner than expected.
S. Korea, Cambodia to hold 4th round of FTA talks
17-Nov-2020 Yonhap
South Korea will hold the fourth round of free trade talks with Cambodia this week as part of efforts to diversify its export portfolio in Southeast Asia.
S. Korea to hold 4th round of talks on amending FTA with Chile
16-Nov-2020 Yonhap
The two sides will hold discussions on five categories — goods, intellectual property rights, trade promotion, anti-corruption and cooperation.
Indonesia pursues trade deals with African, Latin American, Middle Eastern countries
10-Nov-2020 The Jakarta Post
The Indonesian government is pursuing a series of trade deals with non-traditional partners in Africa, Latin America and the Middle East in an effort to navigate international trade during and after the COVID-19 pandemic.
S. Korea, Uzbekistan agree to push for launch of trade talks
6-Nov-2020 Korea Herald
South Korea and Uzbekistan agreed to announce the launch of trade talks at an opportune time in an effort to expand bilateral trade, the government said.
China’s Xi says country will speed up trade talks with EU, Japan and South Korea
4-Nov-2020 CNBC
In a major speech on Wednesday, Chinese President Xi Jinping talked up his country’s plans for playing a greater role in global trade, without mentioning ongoing tensions with the US.
S. Korea, Mongolia to lower tariffs starting 2021 under regional trade pact
30-Oct-2020 Yonhap
South Korea and Mongolia will lower tariffs on some products starting next year, as Ulaanbaatar joined a regional trade pact known as the Asia-Pacific Trade Agreement.
Moon’s ’New Deal’ visions and India-South Korea economic ties
29-Oct-2020 The Korea Times
In September this year, India and South Korea resumed renegotiation of their landmark Comprehensive Economic Partnership Agreement (CEPA) that played a key role in spurring trade between the two sides and boosted bilateral ties.
RI-South Korea trade deal sign of things to come
27-Oct-2020 The Jakarta Post
Indonesia is set to sign a trade agreement with South Korea and seeks ensure that a larger deal at the regional level will also be inked, as the country focuses on increasing overseas market access in the hopes of lifting its economy out of the mire of the pandemic.
S. Korea, China to discuss expanding bilateral FTA scope
26-Oct-2020 Yonhap News Agency
South Korea and China on Monday launched the ninth round of talks with China to bolster ties in the service and investment fields as part of their bilateral free trade agreement (FTA), which went into effect five years ago.
Israel-Korea free trade agreement to stress tech cooperation
23-Oct-2020 Globes
The soon to be signed agreement was delayed because of Korean political concerns that have been removed by Israel-UAE normalization.
Republic of Korea asks to join Pacific Alliance trade bloc
22-Oct-2020 Prensa Latina
Korea requested to join the Pacific Alliance trade bloc, which is also made up of Chile, Colombia, Mexico and Peru.
Deputy FM Kim to visit Mexico next week for talks on resumption of FTA talks, economic cooperation
16-Oct-2020 Korea Herald
Korean Deputy Foreign Minister will visit Mexico for talks with his counterpart and other officials over economic cooperation, including the resumption of bilateral free trade talks.
FTA with ROK planned by end of year
5-Oct-2020 Phnom Penh Post
Cambodia and the Republic of Korea (ROK) have pledged to finalise their Free Trade Agreement (FTA) negotiations by the end of the year to increase trade and investment between the two countries.