Korea


South Korea, EU finalize digital trade agreement to enhance electronic trade
South Korea's Ministry of Trade, Industry and Energy announced the successful conclusion of negotiations for a Digital Trade Agreement (DTA) with the European Union (EU). Key discussions included market access for Korean beef, French electric vehicle subsidies, and regulations on batteries and steel.
Korea, Thailand hold 4th round of negotiations for Economic Partnership Agreement
The 4th round of EPA negotiations between South Korea and Thailand held in Seoul, focus on 17 areas including trade in goods and services, digital economy, and sustainable development, with the goal of strengthening economic ties in a volatile global trade environment.
Malaysia, RoK resume FTA talks
South Korea and Malaysia are resuming free trade agreement (FTA) negotiations after a five-year pause. The upcoming round of talks will focus on 11 sectors, including goods, services, and investment, as both countries aim to expand trade and strengthen cooperation amidst growing global protectionism.
Korea, Malaysia hold 6th round of free trade talks
Korea has launched the sixth round of negotiations with Malaysia for a bilateral free trade agreement as part of efforts to broaden its trade portfolio and enhance cooperation with the partner country.
Korea, China hold 10th round of FTA talks on investment, service
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.
S. Korea, Pakistan agree to launch economic partnership negotiations
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.
BOC, Tariff Commission list articles under PH-Korea free trade agreement
The Philippine Bureau of Customs (BOC) and Tariff Commission (TC) have subsequently released implementing guidelines and updated their online tariff finder to reflect the new tariff schedules. Executive Order No. 80 formalizes the Philippines' tariff commitments under the FTA, subjecting listed goods from South Korea to the specified import duties upon entry.
Pakistan set to ink economic partnership deal with Korea
Federal Minister for Commerce Jam Kamal Khan is set to embark on an official visit to South Korea to sign the Economic Partnership Agreement, marking a significant step towards enhancing bilateral economic cooperation.
S. Korea, Bahrain sign bilateral investment protection treaty
South Korea and Bahrain have signed a bilateral investment treaty on cementing the legal grounds for mutual investment and economic cooperation, Seoul's foreign ministry said.
PH-Korea free trade deal takes effect Tuesday, to benefit farmers
The Philippine-Korea Free Trade Agreement is expected to deliver some $189 million in tariff savings for banana exporters within its first five years as the trade deal comes into force, the Board of Investments said.