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Korea


Trump’s threat to free trade brings China, Japan, South Korea closer
Chinese Foreign Minister pressed for an early restart of free trade talks between Japan, China and South Korea. He also reiterated China’s interest in joining the Comprehensive and Progressive Trans-Pacific Partnership Agreement.
S. Korea loses suit against int’l court ruling on compensation to Mason Capital over Samsung merger
South Korea has lost a lawsuit seeking to annul an investor-state dispute settlement (ISDS) ruling that ordered it to pay compensation to US hedge fund Mason Capital over losses from Samsung’s controversial 2015 merger of two units.
Fourth round of Korea-UK FTA enhancement talks slated for March 10-14 in London
The fourth round of enhancement negotiations for the FTA between South Korea and the United Kingdom is scheduled from March 10 to 14 in London. Following the implementation of a bilateral FTA in 2021, the two countries are now working to update the agreement to reflect new trade norms and deepen economic cooperation, focusing on areas such as trade and gender equality, digital trade, and the bioeconomy.
South Korea, EU finalize digital trade agreement to enhance electronic trade
South Korea’s Ministry of Trade, Industry and Energy announced the successful conclusion of negotiations for a Digital Trade Agreement (DTA) with the European Union (EU). Key discussions included market access for Korean beef, French electric vehicle subsidies, and regulations on batteries and steel.
Korea, Thailand hold 4th round of negotiations for Economic Partnership Agreement
The 4th round of EPA negotiations between South Korea and Thailand held in Seoul, focus on 17 areas including trade in goods and services, digital economy, and sustainable development, with the goal of strengthening economic ties in a volatile global trade environment.
Malaysia, RoK resume FTA talks
South Korea and Malaysia are resuming free trade agreement (FTA) negotiations after a five-year pause. The upcoming round of talks will focus on 11 sectors, including goods, services, and investment, as both countries aim to expand trade and strengthen cooperation amidst growing global protectionism.
Korea, Malaysia hold 6th round of free trade talks
Korea has launched the sixth round of negotiations with Malaysia for a bilateral free trade agreement as part of efforts to broaden its trade portfolio and enhance cooperation with the partner country.
Korea, China hold 10th round of FTA talks on investment, service
South Korea and China have resumed talks to expand their existing free trade agreement. The focus of the 10th round of negotiations is to include the service and investment sectors, building upon the initial FTA implemented in 2015.
S. Korea, Pakistan agree to launch economic partnership negotiations
South Korea and Pakistan have agreed to begin negotiations for an Economic Partnership Agreement (EPA) to increase bilateral trade. The EPA, announced during a meeting between trade ministers in Seoul, aims to create a beneficial trade network, focusing on areas like digital technology, IT, and the automobile sector.
BOC, Tariff Commission list articles under PH-Korea free trade agreement
The Philippine Bureau of Customs (BOC) and Tariff Commission (TC) have subsequently released implementing guidelines and updated their online tariff finder to reflect the new tariff schedules. Executive Order No. 80 formalizes the Philippines’ tariff commitments under the FTA, subjecting listed goods from South Korea to the specified import duties upon entry.
Pakistan set to ink economic partnership deal with Korea
Federal Minister for Commerce Jam Kamal Khan is set to embark on an official visit to South Korea to sign the Economic Partnership Agreement, marking a significant step towards enhancing bilateral economic cooperation.
S. Korea, Bahrain sign bilateral investment protection treaty
South Korea and Bahrain have signed a bilateral investment treaty on cementing the legal grounds for mutual investment and economic cooperation, Seoul’s foreign ministry said.
PH-Korea free trade deal takes effect Tuesday, to benefit farmers
The Philippine-Korea Free Trade Agreement is expected to deliver some $189 million in tariff savings for banana exporters within its first five years as the trade deal comes into force, the Board of Investments said.
Thailand, South Korea begin third round of Economic Partnership Agreement talks
Thailand and South Korea on Tuesday kicked off the third round of their talks for an Economic Partnership Agreement (EPA) aimed at broadening trade and investment exchanges, according to the latter’s Ministry of Trade, Industry and Energy.
PH-Korea free trade deal approved by NEDA Board
The Philippine government has approving a free trade agreement with South Korea, a major irrigation project in the northern Philippines, and an accelerated bridge construction program nationwide.
Thailand, South Korea teams to negotiate trade deal, says Pichai
Thailand and South Korea are set to negotiate a new free trade agreement (FTA) to further boost bilateral trade, services, and investment. The proposed Thailand-South Korea Economic Partnership Agreement (EPA) aims to expand market access for goods, services, and investment, building on existing agreements like the ASEAN-South Korea FTA and RCEP.
Korea, China discuss closer bilateral economic ties building on FTA
Korea and China are working to strengthen their economic partnership. The two countries met to review their existing free trade agreement and discuss expanding it to include services and investment. The goal is to further boost bilateral trade and create a more favorable business environment for both countries.
South Korea and Morocco team up to boost trade and unlock investment opportunities
South Korean officials have expressed keen interest in accelerating negotiations for an Economic Partnership Agreement (EPA) with Morocco as the two countries seek to deepen their economic partnership.
S. Korea strikes economic partnership deal with Georgia
South Korea has struck an economic partnership agreement (EPA) with Georgia, while some agricultural products are excluded, the FTA is expected to boost bilateral trade and position South Korea as a gateway to the Caucasus region.
S. Korea, Mongolia to hold fourth round of talks on economic partnership deal
The two nations plan to hold in-depth negotiations on 19 areas including commodities, services, investment and government procurement.