- 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
10-Oct-2022
Korea Herald
South Korea has spent nearly 68.5 billion won ($48.1 million) in total to fight and settle investor-state dispute settlements since 2013,#including its battle with US-based private equity firm Lone Star, data showed.
5-Oct-2022
Khmer Times
The Embassy of the Republic of Korea confirmed on Sunday that the Cambodia-Korea Free Trade Agreement will enter into force on December 1, 2022.
28-Sep-2022
The Korea Times
Korea’s National Assembly on Tuesday ratified a respective free trade agreement with Israel and Cambodia, wrapping up the final domestic procedure needed for their implementation.
27-Sep-2022
Korea Times
Korea’s National Assembly ratified a respective free trade agreement (FTA) with Israel and Cambodia, wrapping up the final domestic procedure needed for their implementation.
20-Sep-2022
Yonhap News Agency
South Korea and Ecuador began a seventh round of talks on the formation of a bilateral free trade deal, the trade ministry here said.
5-Sep-2022
The Korea Times
The total amount of claims asked by claimants against the Korean government exceeds $1.2 billion.
11-Jul-2022
The Korea Herald
South Korea and Ecuador will resume official talks on the formation of a bilateral free trade deal Monday after a six-year hiatus, Seoul’s trade ministry said.
24-Jun-2022
Phnom Penh Post
Phnom Penh has asked Seoul to complete its internal procedures as soon as possible for the bilateral Cambodia-Korea Free Trade Agreement to enter into force, which will stimulate trade between the two countries to “another level”, according to a commerce ministry spokesman.
15-Jun-2022
The Korea Times
Korea seeks stronger presence in the region as tensions between Israel and Arab countries thaw.
14-Jun-2022
Yonhap News Agency
South Korea asked Indonesia to quickly ratify their trade deal as they seek to strengthen cooperation on supply chains and other economic issues.
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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