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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


Korean govt to enter 3rd trade talks with Mercosur nations this week
The South Korean government will initiate the third trade agreement (TA) talks with four member nations of South American trade bloc Mercosur on Friday (local time) in Montevideo, Uruguay, to seek ways to increase exports to the countries.
S. Korea to hold 2nd round of talks on revising FTA with Chile
South Korea will hold the second round of negotiations with Chile on revising their bilateral free trade agreement that went into effect in 2004.
South Korea and Malaysia to conclude FTA this year
The South Korean and Malaysian governments declared the initiation of bilateral FTA negotiations on June 27 and will be going to complete the negotiations by November this year.
South Korea and Russia initiate FTA talks in service and investment sectors
South Korea and Russia initiated the two sides’ FTA negotiations in service and investment in Moscow on June 20.
PH, SKorea launch FTA talks
mproved economic relation is seen between the Philippines and South Korea as the two countries formally signed on Monday an agreement to begin negotiations on free trade deal.
R. de Corée - Philippines: négociations sur l’accord de libre-échange
La République de Corée a officiellement démarré le 3 juin les négociations sur un accord de libre-échange avec les Philippines
Korea, Chile eye early start of talks on Seoul’s Pacific Alliance membership bid
The leaders of South Korea and Chile agreed to seek the early launch of negotiations on Seoul’s bid to be an associate member of the Pacific Alliance.
Angola, South Korea work on investment protection agreement
An agreement on promotion and reciprocal protection of investment between Angola and South Korea is in the pipeline.
Aborted for-profit hospital
The Jeju provincial government has revoked the business license of a Chinese-owned for-profit hospital. The Chinese group may file a suit against the Korean government, using the investor-state dispute settlement system.
South Korea and the Philippines agree to conclude FTA by November
South Korea and the Philippines agreed to conclude a free trade agreement in November at the latest.