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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
Photo: Joe Mabel / CC BY-SA 3.0


Le Vietnam et la R. de Corée paraphent leur accord de libre-échange
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.
S. Korea, Vietnam initial free trade deal
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.
S. Korea, Vietnam push to strike free trade deal this year
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 considering FTA with Malaysia
South Korea is considering a free trade agreement (FTA) partnership with Malaysia in order to spur its bilateral relations with the country
S. Korea, Vietnam agree to conclude free trade deal next year
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.
Korea, Vietnam to start FTA talks
Korea and Vietnam have agreed to start formal talks toward a free trade agreement. Seoul and Hanoi already have a preliminary FTA, because Korea signed a trade pact with ASEAN. But Korea’s key exports — cars, components and IT products — are not included in the pact with ASEAN, so Seoul is now seeking separate FTAs with each ASEAN member country.
Korea ratchets up drive to upgrade FTA with ASEAN
Korea is stepping up efforts to seal high-level bilateral free trade pacts with some members of the Association of Southeast Asian Nations in a bid to further boost trade volume, Seoul’s Trade Ministry said Sunday.
SKorea wants dedicated FTA with Malaysia: Muhyiddin
South Korea has proposed to Malaysia to have a dedicated free trade agreement (FTA) with that country, Deputy Prime Minister Tan Sri Muhyiddin Yassin said today.
S. Korea, Malaysia seek bilateral FTA, closer ties on energy, defense
In 2007, South Korea launched an FTA with the 10-member Association of Southeast Asian Nations (ASEAN), which includes Malaysia, but Seoul hopes for a higher-level separate FTA with the country, one of South Korea’s major economic partners.
Asean-Korea FTA on Investment signed
ASEAN and South Korea completed their Framework Agreement on Comprehensive Economic Cooperation with the signing of the ASEAN-Korea Investment Agreement in Jeju Island, Tuesday.