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Korea

South Korea preparing to join Digital Economy Partnership Agreement
8-Sep-2021 Business Korea
South Korean Trade Minister saying that South Korea would make an official announcement this month on its accession to the Digital Economy Partnership Agreement.
Korea eyes resumption of new FTA with group of Arab nations
6-Sep-2021 The Korea Times
South Korea’s trade ministry said Monday it aims to resume talks for a new free trade agreement with the Gulf Cooperation Council (GCC) to forge deeper economic ties with the Middle East after a hiatus of more than 10 years.
Free trade agreement with South Korea may be signed next month
4-Sep-2021 Khmer Times
A long-awaited trade deal with South Korea may be signed next month, according to the country’s ambassador to Cambodia.
S. Korea kicks off 7th round of free trade talks with Mercosur
30-Aug-2021 Yonhap News Agency
South Korea said it has launched a new round of negotiations to clinch a free trade agreement with Mercosur, South America’s leading trading bloc, as it aims to further expand its export portfolio.
Kenya eyes duty-free access to South Korea market
26-Aug-2021 The Star
Kenya is engaging South Korea for a trade deal that will see reduction or complete removal of duty on exports to the Asian country, mainly on coffee and agricultural produces.
S. Korea seeks to resume FTA negotiations with Mexico
26-Aug-2021 Yonhap News Agency
South Korea’s trade ministry said it wishes to resume free trade agreement (FTA) negotiations with Mexico in the near future as it aims to forge closer ties with the top economic partner in Central America.
South Korea/Mercosur round of trade talks at the end of the month
12-Aug-2021 Merco Press
South Korea wants to advance with trade negotiations with Mercosur. Discussions started back in 2018 and at the end of the month, a seventh-round is slated to take place.
S. Korea, Uzbekistan eye closer economic ties
29-Jul-2021 Yonhap News Agency
South Korea’s trade ministry said Thursday it plans to expand economic ties with Uzbekistan by launching new projects in a wide array of areas from ICT to the medical sector, as the COVID-19 pandemic has recently weighed down bilateral business cooperation.
S. Korea, ASEAN to upgrade their FTA
27-Jul-2021 Korea Herald
South Korea’s trade ministry it has launched talks with ASEAN to update their free trade agreement (FTA) and further lower trade barriers.
Chilean foreign minister proposes to upgrade FTA
26-Jul-2021 The Korea Times
Chilean Foreign Affairs Minister Andres Allamand visited Korea to discuss upgrading the Korea-Chile free trade agreement as well as other cooperative measures ahead of the 60th anniversary of the establishment of diplomatic ties in April 2022.
Kenya is gateway to African market: cabinet secretary
25-Jul-2021 The Korea Herald
Korean companies will archive market access through regional integration in Africa and East African region if Kenya is made base, according to Betty Maina, Kenya’s cabinet secretary for industrialization, trade and enterprise development.
S. Korea to lift tariffs on imports from Indonesia, Israel under trade deals
21-Jul-2021 The Korea Herald
South Korea will gradually lift or lower tariffs on more than 95 percent of its imported products from Indonesia and Israel as it has clinched trade deals with the two nations, the finance ministry said Tuesday.
Egypt, South Korea aim to explore feasibility of economic partnership: Ambassador Hong
15-Jul-2021 Daily News Egypt
South Korea’s Ambassador to Egypt has said that there are ongoing discussions between Egypt and his country, to initiate a feasibility study on an economic partnership agreement between the two countries.
Korea expresses desire to sign FTA with Pakistan
8-Jul-2021 Daily Times
Republic of Korea Suh Sangpyo has expressed his desire to sign a Free Trade Agreement (FTA) with Pakistan, saying that a FTA is essential for the promotion of bilateral trade.
S. Korea, Mercosur bloc hold 6th round of FTA talks
4-Jun-2021 The Korea Herald
South Korea on Tuesday held the sixth round of free trade talks with a group of South American countries, after around a year of hiatus amid the COVID-19 pandemic.
US-China tech war: why a digital trade deal with Japan and South Korea is key to gaining the upper hand
3-Jun-2021 South China Morning Post
In this competition over standards, whichever nation first strikes a trilateral deal with technology leaders Japan and South Korea will secure a strategic chokepoint in the digital architecture of Asia.
In memory of Heesob Nam, a patent attorney who fought against vaccine inequality until the end
31-May-2021 Kyunghyang
Heesob Nam, a patent attorney who dedicated his life to preventing the monopoly of ’intellectual property’ by a few, passed away on May 10th.
South Korea becomes first Asian country to sign free trade agreement with Israel
21-May-2021 i24 News
Israel and South Korea signed a free trade agreement (FTA) earlier this week, which is expected to increase trade between the countries to more than $3 billion.
S. Korea seeks to join DEPA, promote digital trade
18-May-2021 Yonhap
South Korea held a public hearing on its bid to join a global pact on the digital trade sector that covers a wider array of issues beyond conventional free trade agreements.
S. Korea, Israel ink FTA; cars, auto parts among major beneficiaries
14-May-2021 Yonhap
South Korea is the first Asian country to have a free trade pact with Israel, which is expected to help Asia’s No. 4 economy enjoy advantages over other neighbors, including China and Japan.