Korea


Trade Minister discusses RCEP bill, IK-CEPA with House
Indonesia Trade Minister discussed the bill of the Ratification of the RCEP and the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) with the House of Representatives (DPR RI).
PH ready to sign free trade pact with S.Korea
The Philippines’ free trade agreement (FTA) with South Korea is inching closer to formalization with the initial signing of the economic pact seen within the next two weeks.
IPEF negotiations expected to start in August
The US and South Korean governments are expected to initiate negotiations on the framework proposed by US President Joe Biden in August (2022).
Int'l tribunal brings to close decade-long S. Korea-Lone Star dispute settlement
An international tribunal declared an end to all proceedings in a multi-billion dollar suit the US private equity firm Lone Star filed against South Korea's government 10 years ago.
Trade Ministry expects IK-CEPA ratification in July
The Indonesia Trade Ministry expects the House of Representatives (DPR) to ratify the Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) next month.
Kingdom calls on South Korea to hurry with FTA procedures
Phnom Penh has asked Seoul to complete its internal procedures as soon as possible for the bilateral Cambodia-Korea Free Trade Agreement to enter into force, which will stimulate trade between the two countries to “another level”, according to a commerce ministry spokesman.
Korea pushes for trade pacts with Middle East amid geopolitical shift
Korea seeks stronger presence in the region as tensions between Israel and Arab countries thaw.
S. Korea calls for quick ratification of trade deal with Indonesia
South Korea asked Indonesia to quickly ratify their trade deal as they seek to strengthen cooperation on supply chains and other economic issues.
Mexico wants a trade agreement with South Korea
The Mexican government is advancing its foreign trade agenda and will also negotiate a trade agreement with Korea because currently, 80% of Korean products enter Mexico without paying tariffs, while Mexican agricultural products pay up to 800% tariffs to enter the Korean market.
US-led Asia trade pact eyes clean energy, supply chains
US President Joe Biden has announced a new economic framework deal for Asia-Pacific designed to boost investment in clean energy infrastructure, drive decarbonisation efforts and strengthen regional supply chains.