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
The free trade agreement with Britain should be completed before the country’s scheduled exit from the European Union, said Korean Ministry of Trade, Industry and Energy.
Nicaragua is the first Central American country to establish a date of entry into force of the Free Trade Agreement (FTA) with South Korea, which is agreed for October 1, 2019.
South Korean government plans to seek a revision of labor laws in a way that will strengthen workers’ right to organize as it pushes for a parliamentary ratification of key international labor standards.
Israel media have revealed that the new South Korea-Israel Free Trade agreement will exclude goods produced in the occupied territories of Jerusalem and West Bank and the Golan Heights.
The presidents of South Korea and Israel agreed to push for an early deal in talks on a bilateral free trade agreement (FTA) during a summit in Seoul.
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.
South Korea will hold the second round of negotiations with Chile on revising their bilateral free trade agreement that went into effect in 2004.
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 initiated the two sides’ FTA negotiations in service and investment in Moscow on June 20.
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.
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.