bilaterals.org logo
bilaterals.org logo

Korea

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


S.Korea and Serbia launch first official negotiations for comprehensive economic partnership agreement
The Ministry of Trade, Industry and Resources (MOTIR) announced that South Korea and Serbia have begun their first official round of negotiations for a Comprehensive Economic Partnership Agreement (CEPA), taking place in Seoul from December 1 to 4.
Korea, UK set for final push on upgraded free trade pact
South Korea and the United Kingdom are set to begin talks next week to finalize an upgraded Free Trade Agreement (FTA), focusing on business-friendly rules of origin and digital trade standards.
Mexican envoy sees momentum for Korea-Mexico FTA, urges stronger private sector ties
Mexico and Korea are poised to revive stalled Free Trade Agreement (FTA) talks, driven by a $29 billion trade volume and strong bilateral investment, with both nations seeking deeper economic integration.
S. Korea, Britain to hold intersessional talks on upgrading FTA this week
Both countries will work to speed up the talks to reach a forward-looking agreement that addresses newly emerging economic issues, including digital trade and supply chain resilience.
Korea-Ecuador SECA expands Latin America trade
South Korea has officially signed its first free trade agreement under President Lee Jae-myung’s administration: the Strategic Economic Cooperation Agreement (SECA) with Ecuador.
UK, S Korea pledge to complete talks on upgrading FTA by 2025 end
British and South Korean officials yesterday agreed to speed up talks to upgrade a bilateral FTA as part of their efforts to expand trade and investment. Five rounds of negotiation are over and both sides pledged to complete the talks by the year end at a bilateral senior economic dialogue in Seoul.
Korea, Britain set to hold 5th round of follow-up negotiations to improve FTA
Korea and Britain commenced the fifth round of follow-up negotiations in Seoul to upgrade their FTA. The talks, running through the week, focus on enhancing trade by easing product origin regulations and introducing new rules involving supply chains, digital trade, services, investment, and government procurement.
S. Korea, China hold 12th round of follow-up negotiations to expand FTA
South Korea and China have kicked off a fresh round of follow-up negotiations aimed at expanding their bilateral free trade agreement (FTA) to include services and investment.
Lee, Starmer call for Korea-UK FTA upgrade
South Korean President Lee Jae Myung and UK Prime Minister Keir Starmer acknowledged the need to upgrade the Korea-UK Free Trade Agreement (FTA) during their meeting on the sidelines of the G7 summit in Canada.
Georgia and South Korea conclude fifth round of negotiations on Investment Promotion and Protection Agreement
Georgia and the Republic of Korea conducted the fifth round of negotiations on the draft Agreement on Bilateral Promotion and Protection of Investments.