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 […]
Topic Archives:Fta
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-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 […]
15th Round of Korea-China FTA Services & Investment Follow-up Negotiations Held
The 15th round of Korea-China FTA follow-up negotiations on services, investment, and finance is being held in Beijing from June 22-26, 2026. Delegations of about 30 officials are led by Korea’s Director General for Trade Negotiations and China’s Ministry of Commerce counterpart. Negotiations began in March 2018 following the FTA’s 2015 entry into force, but […]
WTO Members Discuss 25 Proposals Under 2026 Trade Facilitation Agreement Review
At the WTO Committee on Trade Facilitation meeting on 10-11 June 2026, members discussed 25 proposals submitted under the second review of the Trade Facilitation Agreement. Members also agreed to hold a dedicated session on trade facilitation for small economies and addressed transit issues for landlocked developing countries.
UK-India FTA enters into force on July 15th
The UK-India Free Trade Agreement, valued at £4.8bn, is set to enter into force on July 15th. Businesses are urged to begin preparations for the implementation of the deal. This is a landmark bilateral trade agreement between the two countries.