South Korea and the EU formally signed a Digital Trade Agreement (DTA) during President Lee Jae-myung’s visit to Belgium on June 10, 2026. The two sides also agreed to launch a Korea-EU Competitiveness Partnership and establish a new high-level economic dialogue. Additionally, four European advanced-technology companies announced foreign direct investment totaling USD 165 million into […]
Country/Institution Archives:Kr
Korea Attracts $165M FDI from Four European Tech Firms, Signs Digital Trade Agreement with EU
During President Lee Jae-myung’s EU visit, South Korea secured $165 million in foreign direct investment from four European advanced technology companies including Germany’s Orafol, France’s Quandela, Netherlands’ Prodrive Technologies, and Sweden’s Mycronic. The Ministry of Trade, Industry and Energy also signed a digital trade agreement with the EU at an investor roundtable in Brussels. The […]
Korea-Morocco Economic Cooperation Accelerated: Director-General Working Group Established, CEPA Negotiations Targeted
Korea’s Trade Minister Yeo Han-koo visited Morocco on June 11-12, 2026, meeting with Morocco’s Minister of State for Trade Omar Hejira. The two sides agreed to establish a director-general level working group to advance trade and investment cooperation, with the explicit goal of launching negotiations for a Korea-Morocco Comprehensive Economic Partnership Agreement (CEPA) as soon […]
Korea-Bangladesh CEPA 4th Round of Formal Negotiations Held
The 4th round of formal negotiations for a Korea-Bangladesh Comprehensive Economic Partnership Agreement (CEPA) is being held in Dhaka, Bangladesh from June 14–19, 2026. Eleven working groups are meeting on topics including goods concessions, services, and rules of origin. Korea is seeking to diversify export markets amid a rapidly changing global trade environment.
Korea-EU Open New Horizons in Economic Cooperation: Digital Trade Agreement Signed
Korea and the EU formally signed a Digital Trade Agreement (DTA), making the EU Korea’s second DTA partner after Singapore. The announcement also covers EU corporate investments totaling $165 million in Korea across advanced technology sectors, and high-level trade talks between Korea’s trade negotiation chief and EU Trade Commissioner Maroš Šefčovič on supply chains and […]
Korea-Saudi Arabia Sign MOU on Crude Oil and Gas Cooperation, Strengthening Resource and Industrial Partnership
South Korea and Saudi Arabia signed an MOU on crude oil and gas cooperation to establish a mid-to-long-term resource cooperation framework. Saudi Arabia, Korea’s top crude oil supplier, previously committed to prioritizing crude and naphtha supply to Korea. The visit also advanced cooperation on manufacturing infrastructure (automotive, shipbuilding) and minerals/advanced industries.
Korea’s Trade Promotion Committee Discusses FTA Progress and US Section 301 Response
Korea’s 57th Trade Promotion Committee, chaired by Trade Minister Yeo Han-koo, reviewed ongoing FTA negotiations including the Korea-Mongolia CEPA (resuming June 2025), Korea-China FTA services/investment follow-up talks, and Korea-Morocco CEPA. The meeting also addressed the status of and response plans to US Section 301 trade investigations against Korea.
Korea Government Mobilizes Full Response to EU New Steel Measures, Works to Secure Steel Industry Interests
South Korea’s Ministry of Trade held a meeting with the Korea Iron & Steel Association and major steelmakers on June 16 to share progress on Korea-EU steel quota negotiations ongoing since April. The talks concern the EU’s new steel import management regime under its ‘Steel Overcapacity Response Act,’ set to take effect July 1 as […]
Korea-Mongolia CEPA Negotiations Progress and Strategic Economic Cooperation Discussed
Korea’s Trade Minister met with Mongolia’s Minister of Economic Development to advance the Korea-Mongolia Comprehensive Economic Partnership Agreement (CEPA) negotiations and expand economic cooperation. Mongolia is highlighted as a key emerging trade partner rich in critical minerals including copper, molybdenum, and rare earths. The talks focused on institutionalizing bilateral trade and investment through the CEPA […]
Korea Trade Commission Recommends Anti-Dumping Duties of 4.93–8.41% on Seamless Copper Pipes from Thailand
South Korea’s Trade Commission voted at its 474th meeting to recommend anti-dumping duties of 4.93–8.41% for five years on seamless copper pipes imported from Thailand, citing material injury to domestic industry including market share decline and reduced operating profits. Provisional anti-dumping duties of 3.64–8.41% have been in effect since March following a preliminary determination in […]