Korea


Vietnam completes negotiations for 3 of 6 major free trade pacts
Vietnam says it has completed negotiations for FTAs with the Customs Union, the EU and South Korea, while remaining are the TPP, RCEP and EFTA.
KITA pushes resumption of FTA negotiations with Gulf Cooperation Council
Korea's premier corporate lobby group says that Korea should resume FTA negotiations, which have been stopped, with the Gulf Cooperation Council (GCC) as soon as possible and target the markets in the Middle East.
Korean petrochemical industry to be most affected by Korea-China FTA
Those in the petrochemical industry are unhappy about the provisionally-signed Korea-China FTA, because the synthetic resin and rubber imported from China wil be subject to immediate tariff elimination
S. Korea, Turkey ink FTA in services, investment
South Korea and Turkey on Thursday signed a free trade agreement (FTA) in the investment and service sectors that will complement their bilateral trade pact that went into effect nearly two years ago.
S. Korea, China initial bilateral free trade pact
South Korea and China initialed their free trade agreement (FTA) Wednesday, taking a step closer to implementing what South Korean officials hail as the most significant trade deal for the country.
South Korea bans Canadian beef exports in light of BSE
South Korea says it’s banning imports of Canadian beef after a case of bovine spongiform encephalopathy (BSE), or “mad cow disease,” was found on a northern Alberta farm earlier this week, despite reassurances from Canada’s agriculture minister the case would not impact Canadian beef trade.
Korea: Trade deficit with EU exceeds $10 billion
It all started after the FTA went into effect. Korea had posted 11 straight years of trade surpluses with the EU from 1998 to 2011, but the balance shift into the red in 2012.
Concerns over backlash: Implementation of Korea-China FTA around the corner
The Korean government is planning to provisionally sign the Korea-China FTA and make public the schedule of concessions this week.
6th round of Korea-China-Japan FTA negotiations held in Japan
The sixth round of negotiations for a trilateral free trade agreement (FTA) between South Korea, China, and Japan was held in Tokyo, Japan from Jan. 16 to 17.
Tel Aviv proposes Korea-Israel FTA
Israel's top diplomat Avigdor Lieberman Tuesday proposed that Korea's Foreign Minister Yun Byung-se open negotiations on free trade between the two countries.