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Global FTA Platform

Korea is the only Asian economy to have 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 accounts for 73% of the global GDP.
Companies from Korea can enter the markets of developed countries by capitalizing on Asia’s strengths.

Korea’s FTA Status

EFTA (76.5),
EU (909.1),
Turkey (80.2),
India (194.7),
Singapore (350.5),
Vietnam (146.6),
China (2,353.7),
ASEAN(1,339.2),
USA(1,141.5),
Australia(288.5),
New Zealand(841.3),
Colombia(20.2),
Peru(25.8),
Chile(62.2),
Canada(114.6)

Trade volume (as of Aug 2016, USD 100 mn)

  • In effect

    In effectEFTA, EU, ASEAN, Turkey, India, Singapore, Australia, USA, Canada, Peru, Chile, China,                               Vietnam, New Zealand and Colombia (July 15, 2016)

  • Concluded

    ConcludedTurkey (Service & Investment Agreement)

  • Underway

    UnderwayRCEP, Korea-China-Japan, Central America, Ecuador SECA, Israel, Indonesia, Japan,                                    Mexico, and GCC

  • On the agenda

    On the agendaMERCOSUR and Malaysia

*Source: Korea's Ministry of Trade (Aug 2016)