- Negotiations
The government of South Korea has concluded, or is pursuing negotiations for, a number of bilateral free trade and investment agreements. Korean social movements have been mobilizing in opposition to these ever since the Korea-Chile FTA was proposed. So far, South Korea has signed deals with Chile (2004), EFTA (2004), Singapore (2005), ASEAN (2007) the US (2007, ratified in 2011), Peru (2011) and Turkey (2012). Talks are under way with Canada, China, Mexico, India, the EU and, technically speaking, Japan. Negotiations with Colombia have stalled over Colombia’s demands for access for better terms for its fruit and flower exports than what Korea gives Chile and Peru. Seoul is also looking to open discussions with Mercosur, Malaysia, Mexico and possibly Israel.
last update: May 2012
Photo: Joe Mabel / CC BY-SA 3.0
16-Jan-2025
Korea Times
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.
9-Jan-2025
Korea Herald
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.
3-Dec-2024
Hespress English
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.
29-Nov-2024
Yonhap News Agency
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.
26-Nov-2024
KBS
The two nations plan to hold in-depth negotiations on 19 areas including commodities, services, investment and government procurement.
15-Nov-2024
Korea Herald
South Korea plans to proactively address global trade changes, especially those related to the new US administration. The country aims to upgrade existing trade pacts, diversify its trade portfolio, and secure new FTAs.
12-Nov-2024
The Korea Times
Korea and Britain kicked off the third round of negotiations to upgrade their bilateral free trade agreement in response to changing global trade and business circumstances, the trade ministry said.
26-Sep-2024
Korea.net
The Ministry of Trade, Industry and Energy has begun negotiations on an economic partnership agreement, a type of free trade deal, with the country’s first Balkan partner country Serbia.
11-Sep-2024
Korea Times
Korea and Mongolia are actively negotiating a comprehensive economic partnership to strengthen bilateral ties. The third round of talks, held in Ulaanbaatar, focused on expanding trade, investment, and supply chain cooperation. Korea aims to diversify its markets and stabilize supply chains through this partnership.
10-Sep-2024
Agenda.ge
Georgian and South Korean officials held the final round of talks for an economic partnership agreement, resulting in agreement on “key areas” including trade in goods and services, intellectual property rights and customs.
Links
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KoPA is a coalition of around 50 NGOs, social movement organizations, political parties, peasant organizations and trade unions working, among other things, to stop bilateral and regional free trade agreements and the WTO.
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