bilaterals.org logo
bilaterals.org logo

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
Photo: Joe Mabel / CC BY-SA 3.0


Korea pushing to sign free trade pacts with 7 emerging nations
Korea is pushing to sign a bilateral Economic Partnership Agreement (EPA) with Kenya, Tanzania, Morocco, Thailand, Pakistan, Serbia, and the Dominican Republic, and held a public hearing session in Seoul.
S. Korea ready to sign trade deal; PHL working on internal approval
The Department of Trade and Industry (DTI) said South Korea has declared its readiness to sign a free trade agreement (FTA) with the Philippines, which is still working on domestic approval processes which could take two months.
South Korea joins DEPA as first non-founding partner
South Korea has officially acceded to the Digital Economy Partnership Agreement, becoming the first member country outside of its founding partners, Seoul’s Trade Ministry said.
Korea to restart FTA revision talks with Chile after two-year hiatus
The negotiations will cover all areas of the two nations’ FTA, including goods, cooperation, trade facilitation, intellectual property rights, gender equality, labor, and the environment.
S. Korea, Georgia share consensus on seeking economic partnership agreement
South Korea and Georgia shared the consensus on seeking an economic partnership agreement (EPA) to boost bilateral ties, the finance ministry said.
Top diplomats of S. Korea, Mexico discuss resumption of FTA talks, closer ties
The top diplomats of South Korea and Mexico held talks to discuss the resumption of a bilateral free trade agreement negotiation.
S. Korea, Serbia reach tentative deal on bilateral investment treaty
South Korea and Serbia have reached a tentative deal to sign a bilateral investment treaty aimed at promoting mutual investments between the two countries.
S. Korea, Dominican Republic sign bilateral trade promotion agreement
South Korea will make efforts to sign a free trade agreement for a greater market opening and economic cooperation.
Korea, Ecuador begin new round of talks for bilateral trade deal
Korea and Ecuador began their ninth round of talks on the establishment of a bilateral free trade deal.
A free trade agreement between South Korea and the GCC
South Korea is continuing negotiations on a free trade agreement with the Gulf Cooperation Council to enhance its energy security and improve the economics of importing sour crude from the Middle East.