Entering into force
(15 agreements)
|
Chile |
-
Dec. 1999 Negotiation launched
-
Feb. 2003 FTA signed
-
Apr. 2004 FTA entered into force
|
First FTA bridgehead for the Latin American market |
Singapore |
Jan. 2004 Negotiation launched
Aug. 2005 FTA signed
Mar. 2006 FTA entered into force
|
Bridgehead for the ASEAN Market |
EFTA
(4 countries) |
-
Jan. 2005 Negotiation launched
-
Dec. 2005 FTA signed
-
Sep. 2006 FTA entered into force
-
(*EFTA countries: Switzerland, Norway, Iceland, Liechtenstein)
|
Bridgehead for the European Market |
ASEAN
(10 countries) |
-
Feb. 2005 Negotiation launched
-
Aug. 2006 Trade in Goods Agreement signed
-
Jun. 2007 Trade in Goods Agreement entered into force
-
Nov. 2007 Trade in Service Agreement signed
-
May 2009 Trade in Service Agreement entered into force
-
Jun. 2009 Investment Agreement signed
-
Sep. 2009 Investment Agreement entered into force
-
(*ASEAN countries: Malaysia, Singapore, Vietnam, Myanmar, Indonesia, the Philippines, Brunei, Laos, Cambodia, Thailand)
|
First FTA signed with a mega economic bloc |
India |
-
Mar. 2006 Negotiation launched
-
Aug. 2009 FTA signed
-
Jan. 2010 FTA entered into force
|
BRICs country with a large market |
EU
(28 countries)
|
-
May 2007 Negotiation launched
-
Jul. 2009 Negotiation concluded
-
Oct. 15, 2009 FTA initialled
-
Oct. 6, 2010 FTA officially signed
-
Jul. 1, 2011 FTA tentatively entered into force
-
Dec. 13, 2015 FTA fully entered into force (tentatively effective for 4 years and 5 months since Jul. 1, 2011)
-
(*EU 28 countries: Austria, Belgium, UK, the Czech Republic, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Molta, Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Bulgaria, Rumania, Croatia)
|
The world’s largest economic bloc
(in terms of GDP) |
Peru |
-
Mar. 2009 Negotiation launched
-
Aug. 2010 Negotiation concluded
-
Nov. 2010 FTA initialled
-
Mar. 21, 2011 FTA officially signed
-
Aug. 1, 2011 FTA entered into force
|
Resource-rich country
Bridgehead for the Latin American market
|
USA |
-
Jun. 2006 Negotiation launched
-
Jun. 2007 FTA signed
-
Dec. 2010 Additional negotiation concluded
-
Oct. 22, 2011 'Korea-US FTA Implementation Act' passed US congress
-
Nov. 22, 2011 Ratification motion and14 auxiliary bills passed National Assembly plenary session
-
Mar. 15, 2012 FTA entered into force
|
Large and advanced economy |
Turkey
|
-
Jun. 2008 – May 2009 Joint study, four rounds of official negotiations held (Apr. 2010 – Mar. 2012)
-
Aug. 1, 2012 Baseline agreement and Trade in Goods Agreement signed
-
Nov. 22, 2012 FTA ratified by the National Assembly
-
May 1, 2013 FTA entered into force
|
Bridgehead for Europe and Central Asia |
Australia
|
-
May 2009 FTA negotiation announced, seven rounds of negotiations held (May, Aug., Nov., 2009 / Mar., May, 2010 / Nov., Dec., 2013)
-
Dec. 4, 2013 Conclusion of FTA negotiation announced
-
Feb. 10, 2014 FTA initialled
-
Apr. 8, 2014 FTA officially signed
-
Dec. 2, 2014 Korea–Australia FTA bill passed National Assembly plenary session
-
Dec. 12, 2014 FTA entered into force
|
Resource-rich country and major market in Oceania
|
Canada |
-
Jul. 2005 FTA negotiation announced, 14 rounds of negotiations held (Jul., Sep., Nov., 2005 / Feb., Apr., Jun., Sep., Nov., 2006 / Jan., Apr., Oct., Nov., 2007 / Mar. 2008 / Nov. 2013)
-
Mar. 11, 2014 FTA negotiation concluded
-
Jun. 12, 2014 FTA initialled
-
Sep. 23, 2014 FTA officially signed
-
Dec. 2, 2014 Korea–Canada FTA bill passed National Assembly plenary session
-
Jan. 1, 2015 FTA entered into force
|
Advanced market in North America |
China
|
-
Mar. 2007 – May 2010 Joint study involving government, business, and academia followed by working–level discussion to deal with sensitive sectors
-
May 2, 2012 Launching of negotiation announced
-
14 rounds of negotiations held (May., Jul., Aug., Oct., 2012 / Apr., Jul., Sep., Nov., 2013 / Jan., Mar., May, Jul., Sep., Nov., 2014)
-
Nov. 10, 2014 Conclusion of negotiation announced
-
Feb. 25, 2015 FTA initialled
-
Jun. 1, 2015 FTA officially signed
-
Aug. 31, 2015 Ratification of the Korea-China FTA forwarded to the National Assembly
-
Nov. 30, 2015 FTA bill ratified by the National Assembly
-
Dec. 20, 2015 FTA went into effect
|
Korea's largest trading partner (As of 2015) |
New Zealand
|
-
Feb. 2007 – Mar. 2008 Private joint study
-
Temporarily suspended after four rounds of official negotiations
-
Dec. 3, 2013 FTA negotiation resumed, five rounds of negotiations conducted (Feb., Mar., Jun., Aug., Oct., 2014)
-
Nov. 15, 2014 Conclusion of negotiation announced
-
Dec. 11, 2014 FTA initialled
-
Mar. 23, 2015 FTA officially signed
-
Nov. 30, 2015 FTA ratified by the National Assembly
-
Dec. 20, 2015 FTA went into effect
|
Key market in Oceania
|
Vietnam |
-
Nov. 2011 Joint research report completed
-
Aug. 6, 2012 FTA negotiation announced, nine rounds of negotiations held (Sep. 2012 / May, Oct., 2013 / Mar., May, Jul.~Aug., Sep.~Oct., Nov., Dec., 2014)
-
Dec. 10, 2014 Conclusion of FTA negotiation announced
-
Mar. 28, 2015 FTA initialled
-
May 5, 2015 FTA officially signed
-
Nov. 30, 2015 FTA ratified by the National Assembly
-
Dec. 20, 2015 FTA went into effect
|
Korea’s third largest investment destination
(As of Sep. 2015)
|
Colombia |
-
Mar.~Aut. 2009 Private joint study, six rounds of official negotiations held (Dec. 2009 / Mar., Jun., Oct., 2010 / Oct. 2011 / Apr. 2012)
-
Jun. 25, 2012 Conclusion of negotiation announced
-
Aug. 31, 2012 FTA initialled
-
Feb. 21, 2013 FTA officially signed
-
Apr. 29, 2014 FTA ratified by the National Assembly
-
Jul. 15, 2016 FTA went into effect
|
Resource-rich country and emerging market in Latin America
|