Global FTA Platform
Korea is the only Asian economy that has signed FTAs with all three of the world’s
largest markets—the European Union, United States and China.
Korea’s FTA Network
Korea’s global FTA network with 52 partner countries forms the third largest market in the world.
Companies from Korea can enter the markets of developed countries by capitalizing on Asia’s strengths.
Trade volume (as of 2018, USD 100 mn)
-
Canada
-
ChinaEFTA
-
EU
-
Singapore
-
India
-
Turkey
-
Peru
-
Columbia
-
Australia
-
ASEAN
-
USA
-
Chile
-
New Zealand
-
Vietnam
In effectChile, Singapore, EFTA, ASEAN, India, Peru, USA, Turkey, Australia, Canada,
China, New Zealand, Vietnam and Columbia
ConcludedCentral America (5 countries)
UnderwayKorea-China-Japan, RCEP, Ecuador SECA, Israel, MERCOSUR, Indonesia CEPA,
Philippines, Further liberalization under Korea-ASEAN FTA, Korea-India CEPA upgrade,
Korea-Chile FTA upgrade, Subsequent negotiations for Korea-China FTA in service and
investment
On the agenda Mexico, GCC, EAEU
*Source: Korea's Ministry of Trade, Industry and Resources (June 2019)
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