- 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
19-Dec-2019
Korea Herald
South Korea said it plans to expand its global network of free-trade agreements in 2020 by establishing deeper ties with emerging countries.
9-Dec-2019
The Investor
President Moon Jae-in pledged to expand South Korea‘s global free trade agreement network to boost its economic growth and fend off protectionism.
25-Nov-2019
Yonhap News
South Korea’s trade ministry said it plans to strike free trade agreements (FTAs) with 12 more countries by 2022
28-Oct-2019
Korea Herald
South Korea’s National Assembly ratified the free trade agreement between Seoul and London in a move to brace for Britain’s exit from the European Union.
17-Oct-2019
Korea Herald
South Korea has become the first Asian country to sign a free trade agreement with a Central American trade bloc, composed of five countries — Honduras, Nicaragua, El Salvador, Costa Rica and Panama.
12-Oct-2019
Yonhap News
The chief of a major Korean business lobby said he has asked the United States to exempt South Korea from any future tariffs on autos.
2-Oct-2019
MercoPress
South Korea plans to hold the fourth round of trade talks with Mercosur as Seoul aims to expand its trade network with emerging countries and revitalize its ailing exports.
2-Oct-2019
Pulse News
South Korea’s free trade agreement with five Central American countries becomes partially effective on 1 Oct, putting the country on path to enjoy near tariff-free access to markets across the Latin and South American map.
30-Sep-2019
Yonhap News
South Korea’s trade ministry said Monday it plans to hold the second round of FTA negotiations with Russia in the service and investment segments, in line with the government’s efforts to deepen bilateral economic ties.
25-Sep-2019
Live Mint
India is expected to open its market for US farm, pharmaceutical and communication technology products. The US would in return restore partially benefits accorded to Indian exporters under the Generalized System of Preferences.
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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