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 56 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 2019, USD 100 mn)
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Canada
-
China
-
EU
-
Singapore
-
India
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Turkey
-
Peru
-
Columbia
-
Australia
-
ASEAN
-
USA
-
Chile
-
New Zealand
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Vietnam
In effectChile, Singapore, EFTA, ASEAN, India, Peru, USA, Turkey, Australia, Canada,
China, New Zealand, Vietnam, Columbia, EU and Central America
ConcludedCentral America (5 countries), UK, Israel, Indeonesia, Panama
UnderwayKorea-China-Japan, RCEP, Ecuador SECA, MERCOSUR,
Philippines, Further liberalization under Korea-ASEAN FTA,
Korea-Chile FTA upgrade, Subsequent negotiations for Korea-China FTA in service and
investment, Malaysia, Rusia
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