Korea


RCEP members encouraged to harmonize rules
Members of the Regional Comprehensive Economic Partnership can further improve the alignment of operational guidelines across key sectors such as competition policy and trade in services to elevate mutual openness, said trade experts and foreign scholars on Sunday.
Marcos: PH, South Korea to sign free trade pact this year
President Marcos believes that the Philippines and South Korea will approve their free trade agreement (FTA) this year. He also aims for a separate deal to grant duty-free access for certain Philippine products to the South Korean market.
Trade minister meets head of African trade bloc
Trade Minister Cheong In-kyo has met Wamkele Mene, the secretary general of the African Continental Free Trade Area (AfCFTA), in Seoul and they discussed ways to expand economic ties, officials said.
Korea, Georgia kick off new round of trade talks
Korea and Georgia kicked off another round of talks for a comprehensive economic partnership on trade and supply chains.
S. Korea ordered to pay Mason Capital 43.8 bln won in investor-state suit
An international tribunal ordered South Korea to pay 43.8 billion won (US$32 million) in compensation to US-based hedge fund Mason Capital in an investor-state suit the company filed over a controversial 2015 merger of two Samsung affiliates
S. Korea, Chile hold talks on improving bilateral FTA
South Korea's trade ministry it has launched another round of talks with Chile to update their bilateral free trade agreement, aiming to reflect the latest changes in the global supply chain and the digital economy.
PM of South Korea hopes Economic Partnership Agreement with Mongolia to be adopted soon
Prime Minister of the Republic of Korea Han Duk-soo met with his Mongolian colleague Oyun-Erdene Luvsannamsrai in Seoul. Han Duk-soo expressed hope that the two countries will adopt the Economic Partnership Agreement as soon as possible.
Philippines expected to ratify South Korea FTA by midyear
The Philippines could ratify the free trade agreement (FTA) with South Korea by the middle of the year, with no issues expected to arise from the deal, according to the Department of Trade and Industry (DTI).
Thailand and S. Korea to start economic partnership talks this year
Thailand and South Korea are opening negotiations for an economic partnership agreement (EPA) to pave the way for a free trade deal between the two countries by late 2025 or early 2026, Commerce Minister Phumtham Wechayachai said.
Korea, Malaysia to resume free trade talks
Korea's trade ministry said it has agreed with Malaysia to resume their bilateral free trade agreement talks that have been stalled since 2019.