- Negotiations
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
26-Jan-2017
Korea Times
The government will speed up talks to reach free trade agreements (FTA) with Japan, Mexico and other countries to cope with increasing protectionism.
16-Dec-2016
The Korea Bizwire
Although exports of Korean products that had their tariffs lowered thanks to the FTA gradually increased over the year, local industries have yet to take full advantage of the deal.
21-Nov-2016
Business Korea
The main pillar of the Chilean economy is mining and Chile mainly imports industrial products, machinery and intermediate goods from South Korea.
17-Nov-2016
Korea Times
South Korea reached an agreement with six Central American countries on a free trade deal, which is expected to pave wider ways for Asia’s fourth-largest economy to tap deeply into the continent.
24-Oct-2016
KBS
South Korea kicks off another round of free trade negotiations with six Central American countries in Seoul.
12-Oct-2016
Yonhap
The leaders of South Korea and Costa Rica agreed Wednesday to strive for an early conclusion of free trade negotiations between the Asian nation and six Central American countries
20-Aug-2016
Yonhap
South Korea and the Democratic Republic of the Congo see the need to sign a bilateral investment treaty "as soon as possible" so that Korean companies can develop mines and seaports in the DRC
8-Aug-2016
Business Korea
South Korea plans to strengthen intellectual property rights and competition laws in order to help its domestic firms push into the Central American markets.
1-Aug-2016
IUF
Korean farmer Baek Nam-gi remains unconscious in a hospital bed in Seoul after he was struck down by police water cannon in the mass demonstration against the government’s promotion of the Trans-Pacific Partnership.
19-Jul-2016
Korea Times
South Korea and Mongolia have agreed to seek a free trade pact to expand bilateral economic cooperation
Links
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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.
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