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Korea, Georgia kick off new round of trade talks
Korea and Georgia kicked off another round of talks for a comprehensive economic partnership on trade and supply chains.
S. Korea ordered to pay Mason Capital 43.8 bln won in investor-state suit
An international tribunal ordered South Korea to pay 43.8 billion won (US$32 million) in compensation to US-based hedge fund Mason Capital in an investor-state suit the company filed over a controversial 2015 merger of two Samsung affiliates
S. Korea, Chile hold talks on improving bilateral FTA
South Korea’s trade ministry it has launched another round of talks with Chile to update their bilateral free trade agreement, aiming to reflect the latest changes in the global supply chain and the digital economy.
PM of South Korea hopes Economic Partnership Agreement with Mongolia to be adopted soon
Prime Minister of the Republic of Korea Han Duk-soo met with his Mongolian colleague Oyun-Erdene Luvsannamsrai in Seoul. Han Duk-soo expressed hope that the two countries will adopt the Economic Partnership Agreement as soon as possible.
Philippines expected to ratify South Korea FTA by midyear
The Philippines could ratify the free trade agreement (FTA) with South Korea by the middle of the year, with no issues expected to arise from the deal, according to the Department of Trade and Industry (DTI).
Thailand and S. Korea to start economic partnership talks this year
Thailand and South Korea are opening negotiations for an economic partnership agreement (EPA) to pave the way for a free trade deal between the two countries by late 2025 or early 2026, Commerce Minister Phumtham Wechayachai said.
Korea, Malaysia to resume free trade talks
Korea’s trade ministry said it has agreed with Malaysia to resume their bilateral free trade agreement talks that have been stalled since 2019.
S. Korea, Bangladesh discuss ways to broaden economic ties
South Korea’s industry ministry said Friday it has discussed ways to broaden the economic ties with Bangladesh, including seeking a bilateral trade and investment promotion framework (TIPF).
Ties with Africa to grow with Korea’s support: Ivory Coast envoy
The upcoming Korea-Africa Summit in Seoul will increase cooperation with Korea and expand support for Africa’s progress, according to Allou Wanyou Eugene Biti, Ivory Coast’s ambassador to South Korea.
S. Korea, Britain to hold new round of talks for upgrading FTA
South Korea was to hold the second round of negotiations with Britain for upgrading the bilateral free trade agreement in response to changing global trade and business circumstances.
South Korean President Yoon Suk Yeol to visit India this year: envoy
South Korea and India are hopeful of concluding ongoing negotiations to upgrade the Comprehensive Economic Partnership Agreement.
India should not cut customs duty on auto sector in any free trade pact: GTRI
The Global Trade Research Initiative (GTRI) said India has not given tariff or duty reductions for cars in its free trade agreements with ASEAN (Association of Southeast Asian Nations), Japan, and Korea.
S. Korea, India to hold new round of talks on upgrading free trade pact
South Korea and India will launch a new round of negotiations to upgrade their bilateral trade pact, Seoul’s trade ministry said.
S. Korea, Britain launch talks to improve bilateral FTA
South Korea has launched the first round of talks with Britain to discuss ways to improve their bilateral free trade agreement.
Thailand forges ahead with free trade pacts to ignite economic growth
Thailand is actively negotiating 11 free trade agreements (FTAs) in a bid to expand trade, attract investment and bolster the country’s revenue streams. Thai government also plans to hold hearings among stakeholders to ensure advantages extend to the Thai population.
Guatemala joins Korea-Central America FTA
Korea’s trade ministry said that Guatemala has formally signed a deal to join Seoul’s free trade agreement with a group of Central American nations.
Indonesia implemented three trade agreements in 2023: Minister
The Indonesian government started implementing three international trade agreements involving the United Arab Emirates, the Association of Southeast Asian Nations, and South Korea in 2023.
GCC inks free trade deal with South Korea
The GCC deepens economic ties with major Asian partners, signing its second FTA this year, highlighting commitment to investment and economic diversification.
S. Korea, EU hold first round of talks on digital trade
South Korea’s trade ministry launched the first round of talks on digital trade with the European Union in line with efforts to seek broader partnerships in online and data industries.
S. Korea, Indonesia discuss ways to improve bilateral free trade deal
South Korea and Indonesia held their first round of talks to discuss measures to improve their bilateral free trade agreement and review its progress.