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
At the top of President Recep Tayyip Erdoğan’s agenda during his upcoming visit to South Korea on May 2-3 will be investments and cooperation in the defense industry, South Korean Ambassador to Turkey Choi Hong-ghi has said.
South Korea, China and Japan held a new round of trade talks on Friday in Seoul in the latest push to work out differences for a free trade deal amid rising trade protectionism.
South Korea and the Southern Common Market, also known as Mercosur, will likely begin negotiations to forge a trade pact in the first half of the year.
With Korea and China set to start negotiations to expand the scope of their bilateral trade agreement to services and investment this week, experts say it could be a meaningful opening of the door to China’s $1 trillion services market.
South Korea and China will hold the first round of follow-up negotiations to their free trade agreement(FTA) next week to have the deal include the service and investment sectors.
South Korea and the United States will hold the third round of talks on amending the free trade agreement (FTA) between the two nations in Washington this week, Seoul’s trade ministry said on Wednesday.
South Korea and Israel are set to hold a sixth round of free trade agreement (FTA) talks aimed at boosting bilateral economic exchanges and investment, the government said today.
Le traité commercial a officiellement été signé entre le ministre délégué au Commerce extérieur Kim Hyun-chong et les représentants du Costa Rica, du Salvador, du Honduras, du Nicaragua et du Panama.
The emergence of a number of trade issues involving South Korea and the US – including a plan being mulled over by the US to slap tariffs on South Korean steel and GM Korea’s threat to close a factory in South Korea – is creating uncertainty about the future of the Korea-US Free Trade Agreement (KORUS FTA), just before the third round of negotiations aimed at revising the agreement.
The officials will likely discuss the impact that the trade agreement could have on their economic and business relations.
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.