According to Yonhap News,

South Korea and Britain were set to kick off their intersessional negotiations to improve their bilateral free trade agreement (FTA) on Monday, as the two sides seek to expand economic ties amid global trade uncertainties, Seoul's trade ministry said.

The intersessional talks will run for five days through Friday in London and discuss ways to modernize the Korea-Britain FTA, which took effect in 2021, according to the Ministry of Trade, Industry and Energy.

This week's meeting will be focused on making progress in seven sectors, including service and investment.

Seoul and London signed the bilateral FTA in 2019 and have held five rounds of negotiations to upgrade the trade agreement since 2024, mainly to introduce new trade rules in areas such as supply chains and digital trade.

"South Korea and Britain are strategic partners that share core values, like the free trade system based on rules," Kwon Hye-jin, director general for FTA negotiations at the ministry, said.

"More than a year and a half has passed since the first round of negotiations, so we will work to speed up the talks to reach a forward-looking agreement that addresses newly emerging economic issues, including digital trade and supply chain resilience," she added.


nyway@yna.co.kr

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Source: Yonhap News (September 8, 2025)