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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


ASEAN-Korea free trade talks set to start
Negotiations on the proposed ASEAN-Korea Free Trade Agreement (AKFTA) is expected to commence next year as ASEAN and Korean leaders are seen to favorably endorse the recommendations at the forthcoming ASEAN-Korea Summit this month.