- 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
24-Apr-2020
Yonhap News Agency
South Korea said will expand economic ties with developing nations to overcome the looming protectionism around the globe amid the new coronavirus pandemic.
6-Apr-2020
Yonhap
South Korea and Indonesia agreed to quickly implement it in a way that helps minimize the economic fallout from the new coronavirus pandemic.
3-Apr-2020
The Diplomat
South Korea has been especially keen to present an image of itself as an environmental leader to the global community.
27-Mar-2020
Yonhap
South Korea held a video conference with Uzbekistan to exchange details on their push to launch a joint study on forging a bilateral free trade agreement.
27-Mar-2020
Yonhap News Agency
South Korea held a video conference with Uzbekistan to exchange details on their push to launch a joint study on forging a bilateral free trade agreement.
23-Mar-2020
Yonhap News Agency
South Korea launched another round of trade talks with Russia to flesh out details on the two country’s pending free trade agreement (FTA) in the service and investment segments.
11-Feb-2020
Yonhap News Agency
Consider India as the key partner of the country’s New Southern policy, South Korea need to further beef up the economic cooperation.
10-Feb-2020
Yonhap News Agency
South Korea held the fifth round of free trade talks with a group of South American countries, including Brazil, with a goal of striking the deal this year.
27-Jan-2020
Yonhap News Agency
South Korea’s trade deficit in the agricultural segment is expected to widen this year as imports of farm goods are set to expand at a faster pace than exports on the back of the country’s free trade agreement (FTA) networks.
23-Jan-2020
Yonhap
South Korea signed the FTA with Panama and the four Central American countries — Honduras, Nicaragua, Costa Rica and El Salvador — which have already finished the domestic procedures for the agreement.
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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