Korea


The government of South Korea has concluded, or is pursuing negotiations for, a number of bilateral free trade and investment agreements. Korean social movements have been mobilizing in opposition to these ever since the Korea-Chile FTA was proposed. So far, South Korea has signed deals with Chile (2004), EFTA (2004), Singapore (2005), ASEAN (2007) the US (2007, ratified in 2011), Peru (2011) and Turkey (2012). Talks are under way with Canada, China, Mexico, India, the EU and, technically speaking, Japan. Negotiations with Colombia have stalled over Colombia’s demands for access for better terms for its fruit and flower exports than what Korea gives Chile and Peru. Seoul is also looking to open discussions with Mercosur, Malaysia, Mexico and possibly Israel.

last update: May 2012
Photo: Joe Mabel / CC BY-SA 3.0


Korea FTA to boost NZ's farming, dairy firms
The most significant characteristic of the Korea-New Zealand Free Trade Agreement, which came into force on Sunday, is that it was a "catch-up deal" rather than a new one, says New Zealand Ambassador to Korea Clare Fearnley.
S. Korea, Central America to begin FTA negotiations
South Korea and six Central American countries will hold their first round of free trade agreement talks in Seoul for five days beginning Monday.
Biz bodies urge quick parliamentary approval of FTAs
More than 40 South Korean business bodies urged parliament Sunday to quickly approve free trade agreements with China, Vietnam and New Zealand to help prop up Seoul's slumping exports.
S. Korea, Ecuador set to launch FTA talks
South Korea and Ecuador will announce the start of negotiations for a bilateral free trade agreement (FTA) next week
Korea starts FTA talks with six Central American countries
If sealed, Korea will be the first Asian country to have an FTA with the six Central American countries -- Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama -- giving Korean products an edge over rival exporters like Japan and China.
Plan mitigates FTA fallout
The government has decided to earmark 1.7 trillion won ($1.53 billion) over the next 10 years to mitigate damage to local industries from free-trade agreements with China, Vietnam and New Zealand expected to take effect this year.
Gov't submits bills on ratification of new FTAs with China, Vietnam, New Zealand
The South Korean government said Friday that it has asked the parliament to ratify the country's bilateral free trade agreement (FTA) with China that was signed earlier in the week, apparently demonstrating its firm resolution to quickly implement what it has called one of the most significant trade deals it has ever signed.
Gov't identifies damage to 9 farm goods from FTAs
Producers of nine local farm goods have suffered damage from a rise in imports due to free trade agreements, becoming eligible for government support and compensation, the agriculture ministry said Tuesday.
South Korea and Vietnam sign free trade agreement
The FTA with Vietnam is South Korea’s 15th to date, with greater levels of product liberalization than the previous FTA with the ASEAN countries (including Vietnam) that went into effect in June 2007.
S. Korea to announce start of FTA talks with Ecuador, Central America
South Korea will soon announce the start of negotiations for free trade agreements with Ecuador and six Central American countries as part of a plan to expand its presence in the region, the government said Wednesday.

Referenced sites

Korean People's Action against FTA and WTO (KoPA)

KoPA is a coalition of around 50 NGOs, social movement organizations, political parties, peasant organizations and trade unions working, among other things, ...