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
Chile’s official recently visited South Korea, with the intention of resuming the negotiations to update the FTA between both countries that were interrupted by the pandemic.
South Korea said Thursday it will hold a public hearing on the envisioned free trade pact with Uzbekistan, as the country aims to boost exports in the face of the new coronavirus pandemic.
South Korea and China will hold a new round of negotiations on their free trade agreement(FTA) regarding the service and investment sectors this week.
South Korea and Russia started another round of negotiations to clinch a free trade agreement (FTA) in the service and investment sectors.
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.
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.
South Korea said will expand economic ties with developing nations to overcome the looming protectionism around the globe amid the new coronavirus 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 has been especially keen to present an image of itself as an environmental leader to the global community.
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.
KoPA is a coalition of around 50 NGOs, social movement organizations, political parties, peasant organizations and trade unions working, among other things, to stop bilateral and regional free trade agreements and the WTO.