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Korea-ASEAN

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


S. Korea, Singapore begin talks on digital trade deal
South Korea and Singapore kicked off negotiations toward a digital trade deal, includes provisions for non-discriminatory treatment for electronic transactions, easing of barriers on cross-border data flow and consumer protection.
S. Korea, Cambodia to launch free trade talks in July
South Korea is seeking to launch negotiations for a bilateral free trade agreement with Cambodia next month, hoping to increase its economic influence in Southeast Asia.
PHL-South Korea FTA moves despite virus
The Philippines is pushing on with negotiations to conclude its FTA with South Korea, but the trade deal’s finalization has been moved to November.
Seoul, Manila to hold 5th round of FTA talks
South Korea plans to hold the fifth round of talks with the Philippines on a bilateral free trade agreement this week, with a goal of concluding the deal this year.
South Korea and Indonesia reach final agreement on free trade deal
South Korea and Indonesia on Monday wound up seven and a half years of negotiations on a free trade deal, with an agreement to remove tariffs on steel, autos and beer.
Kingdom, South Korea to study FTA feasibility
Cambodia and South Korea have signed a joint feasibility study agreement on a potential free trade agreement (FTA) aiming to expand bilateral investment volume between the two countries.
PH, South Korea see conclusion of free trade deal by 2020
The Philippines and South Korea are aiming to conclude their free trade negotiations by next year in a bid to finally cure the trade and industry imbalances between the two Asian nations.
South Korea, ASEAN to strengthen economic, strategic partnership
The South Korea Ministry of Trade, Industry and Energy’s strategic goals to facilitate cooperation between South Korea and ASEAN countries include expanding free trade agreement (FTA) networks such as the RCEP.
Banana tariffs a sticking point in South Korea free trade deal
Free Trade Agreement (FTA) negotiations with South Korea are currently stalled because Seoul has not budged on key items sought by the Philippine side, particularly on opening up the market for bananas.
South Korea cites smooth sailing FTA discussions with Philippines
Negotiations between the Philippines and South Korea on the planned free trade agreement (FTA) is “smooth sailing”, South Korean Ambassador to the Association of Southeast Asian Nations (Asean) Lim Sung-nam said Wednesday.