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Korea

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


S. Korea, Russia hold 5th round of FTA talks on service, investment
South Korea and Russia started another round of negotiations to clinch a free trade agreement (FTA) in the service and investment sectors.
S. Korea, Cambodia move closer to launching FTA talks
South Korea said it has made further progress in fleshing out details for the planned free trade agreement (FTA) with Cambodia, as Seoul seeks to broaden economic ties with Southeast Asian nations and diversify its export portfolio.
S. Korea, China to discuss expanding scope of FTA
South Korea will hold the seventh round of talks with China to discuss expanding the scope of their bilateral free trade agreement to better cover the service and investment sectors.
S. Korea to deepen economic ties with developing economies amid pandemic
South Korea said will expand economic ties with developing nations to overcome the looming protectionism around the globe amid the new coronavirus pandemic.
S. Korea, Indonesia vow to ink FTA amid virus pandemic
South Korea and Indonesia agreed to quickly implement it in a way that helps minimize the economic fallout from the new coronavirus pandemic.
South Korea aims for environmental leadership through green free trade agreements
South Korea has been especially keen to present an image of itself as an environmental leader to the global community.
S. Korea, Uzbekistan discuss launching joint study on bilateral FTA
South Korea held a video conference with Uzbekistan to exchange details on their push to launch a joint study on forging a bilateral free trade agreement.
S. Korea, Uzbekistan discuss launching joint study on bilateral FTA
South Korea held a video conference with Uzbekistan to exchange details on their push to launch a joint study on forging a bilateral free trade agreement.
Seoul, Moscow hold FTA talks for service sector
South Korea launched another round of trade talks with Russia to flesh out details on the two country’s pending free trade agreement (FTA) in the service and investment segments.
S. Korea eyes further economic cooperation with India
Consider India as the key partner of the country’s New Southern policy, South Korea need to further beef up the economic cooperation.