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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


S. Korea turning to Russia for free trade deal amid pressure from US
South Korea’s trade minister has met with Russian officials in Moscow, in a move to lay the groundwork for a free trade deal with a Russia-led union amid growing U.S. trade pressure.
S. Korea, Central American countries to hold technical meeting for FTA
South Korea and five Central American countries will hold a technical meeting in Seoul for a final review of the full text of a bilateral free trade agreement.
S. Korea, India to hold talks on trade deal improvement
South Korea and India will hold a new round of talks on the improvement of a bilateral trade deal in Seoul this week, the commerce ministry said.
Georgia to start FTA talks with Korea
Working on a free trade agreement with Korea is the No.1 task for Georgia’s newly appointed top envoy Otar Berdzenishvili.
S. Korea, Israel to hold 4th round of FTA talks Wednesday
The upcoming talks will focus on products, services, rules of origin, technical barriers to trade(TBT), sanitary and phytosanitary measures(SPS), intellectual property rights, the environment and dispute settlement.
Seoul, Minsk hold talks on S. Korea-EAEU FTA
South Korea and Belarus have held talks as part of negotiations to sign a free trade agreement between South Korea and the Eurasian Economic Union (EAEU).
S. Korea, Israel to hold 3rd round talks on FTA
South Korea and Israel will hold a third round of Free Trade Agreement(FTA) negotiation in Seoul
S. Korea tentatively signs FTA with 5 Central American countries
South Korea and a group of Central American countries have tentatively signed a free trade agreement.
S. Korea, MERCOSUR to launch trade talks in first half
South Korea and the South American trade block MERCOSUR will launch their official negotiations on a trade pact before the first half of 2017.
Talks for South Korea-GCC FTA to be resumed soon
Three rounds of negotiations for the South Korea-GCC FTA were underway in 2007 to 2009 but the talks came to a halt when the GCC withdrew from the negotiating table in the wake of the global financial crisis at that time.