- Negotiations
The government of South Korea and nine members of the Association of South-East Asian Nations (Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, and Vietnam) signed an FTA together in May 2006, which took effect in July 2006.
Due to concerns about agriculture, particularly the deal’s provisions on rice and livestock, Thailand negotiated separate arrangements with the Korean government to join the pact in early 2009. Korea is also interested in a separate, higher level FTA with Malaysia.
last update: May 2012
Photo: Joe Mabel / CC BY-SA 3.0
21-Nov-2007
Korea Times
The deal is the third part of a four-step process to reach a "full" Korea-ASEAN FTA by next year.
8-Oct-2007
Yonhap
South Korea and Southeast Asian nations have reached a free trade deal on services, raising the possibility of finalizing free trade talks by the end of this year.
23-Aug-2007
IHT
Thailand has found a way to settle a dispute over rice with South Korea, allowing it to eventually join a free-trade deal between fellow Southeast Asian countries and Seoul, officials said Thursday.
31-Jul-2007
PDI
Korean investors want more liberal trade between South Korea and the Philippines through a regional free trade agreement with the Association of Southeast Asian Nations as a meeting among economic ministers in the region approaches.
8-Jun-2007
The Ministry of Finance has issued new tariffs imposed on goods imported from the Republic of Korea (RoK) following the ASEAN-RoK Free Trade Agreement (AKFTA) coming into effect on June 1.
5-Jun-2007
Malaysia has placed 412 tariff lines under the sensitive track in the tariff liberalisation programme of the Asean-Korea Free Trade (AKFTA), which took effect from this month.
5-Jun-2007
Bangkok Post
Thailand and South Korea will continue to work toward a bilateral free-trade agreement, according to Nitya Pibulsonggram, the minister of foreign affairs. Trade talks between the two countries were now focused on cutting tariffs for rice and fruit, two key Thai exports.
4-Jun-2007
Republic of Korea (RoK)’s firms are set to invest further into Viet Nam’s booming economy after a free trade agreement (FTA) between the two nations comes into effect on June 1, according to a report issued by the Korea Trade Investment Promotion Agency (KOTRA).
30-May-2007
A merchandise free trade agreement between South Korea and five member countries of the Association of Southeast Asian Nations (ASEAN) will take effect on June 1, officials said Wednesday.
30-May-2007
Bilateral trade between Malaysia and South Korea is expected to increase further with the completion of the Free Trade Agreement (FTA) between Asean and South Korea this year.