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
South Korea will hold a third round of free trade talks with Malaysia this week with the aim of striking a trade deal before November, Seoul’s trade ministry said Tuesday.
Korea government called for the expansion of trade with Asean states, especially in light of the global rise of protectionist policies and trade wars, not to mention Korea’s recent tensions with Japan.
The Philippines and South Korea are poised to conclude a bilateral free-trade agreement (FTA) one month ahead of the November target, as both parties are making significant progress in market access negotiations.
The Philippines Trade Secretary expects to open up the South Korean market to more Philippine products other than traditional agricultural goods, with the free trade deal which is targeted to be signed this November.
South Korea and Southeast Asian countries agreed to speed up negotiations to upgrade their free trade agreement
La République de Corée et le Vietnam ont paraphé leur accord de libre-échange (ALE), a annoncé dimanche le ministère sud-coréen de l’Industrie, de l’Energie et du Commerce extérieur.
South Korea and Vietnam have initialed their free trade agreement (FTA) that aims to boost bilateral trade by removing tariffs and other barriers, the government said Sunday.
President Park Geun-hye said Thursday that South Korea and Vietnam agreed to make aggressive efforts to conclude a free trade agreement within this year as the two countries seek to further strengthen their ties.
South Korea is considering a free trade agreement (FTA) partnership with Malaysia in order to spur its bilateral relations with the country
South Korea and Vietnam agreed Monday to conclude a bilateral free trade agreement next year and cooperate closely for nuclear power development in the Southeast Asian nation.