Korea


South Korea, Bangladesh begin talks on economic partnership deal
“Signing a CEPA with Bangladesh will serve as a bridgehead for Korean companies to enter the Southwest Asian market, which holds great potential,” said Kwon Hye-jin, director general for FTA negotiations at the ministry
S. Korea to renew push for joining CPTPP to reduce trade uncertainties: ministry
South Korea will reopen its strategic review on joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, as part of efforts to increase its economic allies amid the global rise of trade protectionism.
Korea-Ecuador SECA expands Latin America trade
South Korea has officially signed its first free trade agreement under President Lee Jae-myung’s administration: the Strategic Economic Cooperation Agreement (SECA) with Ecuador.
Malaysia - South Korea set to finalise FTA by October
Malaysia and South Korea have reaffirmed their shared commitment to concluding a long-anticipated Free Trade Agreement (FTA), with the formal signing expected at the upcoming ASEAN Leaders’ Summit in October.
UK, S Korea pledge to complete talks on upgrading FTA by 2025 end
British and South Korean officials yesterday agreed to speed up talks to upgrade a bilateral FTA as part of their efforts to expand trade and investment. Five rounds of negotiation are over and both sides pledged to complete the talks by the year end at a bilateral senior economic dialogue in Seoul.
Neighbors weigh trade frameworks as US tariffs, China rivalry reshape global order
With the US imposing a sweeping 15% tariff on all South Korean goods, the nations face mounting export pressure. The protectionist shift under a second Trump administration has accelerated the search for alternative trade partnerships and economic collaboration with allies.
Malaysia expects to sign FTA with S Korea in October
Malaysia has completed negotiations for a free trade agreement (FTA) with South Korea, aiming to sign it in October. This reflects Malaysia’s efforts to expand market access amid global uncertainties, with 18 FTAs already in place.
Trump says US will set 15% tariff on South Korean imports under new deal
President Donald Trump said the US will charge a 15% tariff on imports from South Korea, down from a threatened 25%, as part of a deal that eases tensions with a top-10 trading partner and key Asian ally.
S. Korea pays compensation to US hedge fund Mason
South Korea's government has paid US$54 million to US hedge fund Mason Capital following an investor-state dispute settlement (ISDS) ruling.
South Korea in push for US trade deal to offer package including shipbuilding tie-up
South Korean Finance Minister Koo Yun-cheol said he would seek a mutually beneficial trade deal when he meets U.S. Treasury Secretary Scott Bessent for talks this week, just days before an August 1 deadline expires to avoid punishing tariffs.