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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
Photo: Joe Mabel / CC BY-SA 3.0


Presidents Ruto, Samia eye trade deals with South Korea
The trip will set the stage for Kenya and South Korea to initiate negotiations for an Economic Partnership Agreement between the two countries.
Georgia-South Korea hold second round of talks for economic partnership agreement
Georgian and South Korean officials held a second round of talks to negotiate an economic partnership agreement, resulting in “positive” evaluations and deals on “key issues”.
Tanzania, S. Korea signs US$2.5bilion deal
Tanzania will engage in discussions leading to an Economic Partnership Agreement with Korea.
S. Korea, UAE forge comprehensive economic partnership pact
South Korea and the United Arab Emirates signed a comprehensive economic partnership agreement freeing up trade between the two countries.
Korea, Georgia kick off new round of trade talks
Korea and Georgia kicked off another round of talks for a comprehensive economic partnership on trade and supply chains.
S. Korea, Chile hold talks on improving bilateral FTA
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.
PM of South Korea hopes Economic Partnership Agreement with Mongolia to be adopted soon
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.
S. Korea, Bangladesh discuss ways to broaden economic ties
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).
S. Korea, Britain to hold new round of talks for upgrading FTA
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.
South Korean President Yoon Suk Yeol to visit India this year: envoy
South Korea and India are hopeful of concluding ongoing negotiations to upgrade the Comprehensive Economic Partnership Agreement.