Korea-ASEAN
The government of South Korea and nine members of the Association of South-East Asian Nations (Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, and Vietnam) signed an FTA together in May 2006, which took effect in July 2006.
Due to concerns about agriculture, particularly the deal’s provisions on rice and livestock, Thailand negotiated separate arrangements with the Korean government to join the pact in early 2009. Korea is also interested in a separate, higher level FTA with Malaysia.
last update: May 2012
Articles
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8-Aug-2012 Vietnam+ Vietnam, République de Corée discutent libre-échange
Le ministre vietnamien de l’Industrie et du Commerce Vu Huy Hoang et le ministre du Commerce du ministère sud-coréen des Affaires étrangères et du Commerce Bark Tae Ho ont déclaré lundi à Hanoi officiellement démarrer des négociations sur un accord bilatéral de libre-échange. -
7-Aug-2012 Chosun Ilbo Korea, Vietnam to start FTA talks
Korea and Vietnam have agreed to start formal talks toward a free trade agreement. Seoul and Hanoi already have a preliminary FTA, because Korea signed a trade pact with ASEAN. But Korea’s key exports — cars, components and IT products — are not included in the pact with ASEAN, so Seoul is now seeking separate FTAs with each ASEAN member country. -
16-Jul-2012 Yonhap Korea ratchets up drive to upgrade FTA with ASEAN
Korea is stepping up efforts to seal high-level bilateral free trade pacts with some members of the Association of Southeast Asian Nations in a bid to further boost trade volume, Seoul’s Trade Ministry said Sunday. -
13-Jun-2012 Bernama SKorea wants dedicated FTA with Malaysia: Muhyiddin
South Korea has proposed to Malaysia to have a dedicated free trade agreement (FTA) with that country, Deputy Prime Minister Tan Sri Muhyiddin Yassin said today. -
10-Dec-2010 Yonhap S. Korea, Malaysia seek bilateral FTA, closer ties on energy, defense
In 2007, South Korea launched an FTA with the 10-member Association of Southeast Asian Nations (ASEAN), which includes Malaysia, but Seoul hopes for a higher-level separate FTA with the country, one of South Korea’s major economic partners. -
3-Jun-2009 Pueblo en Línea Corea del Sur y ASEAN firman TLC para inversión
Los líderes de Corea del Sur y de la Asociación de Naciones del Sudeste Asiático (ASEAN), firmaron el martes un Tratado de Libre Comercio (TLC) sobre inversión. -
2-Jun-2009 Bernama Asean-Korea FTA on Investment signed
ASEAN and South Korea completed their Framework Agreement on Comprehensive Economic Cooperation with the signing of the ASEAN-Korea Investment Agreement in Jeju Island, Tuesday. -
1-May-2009 AFP SKorea closer to trade pact with ASEAN
South Korea will move closer to a full free trade deal with Southeast Asian nations when an agreement on opening up the services sector comes into force on 1 May. -
25-Nov-2008 Intellasia.net Thailand set to sign Asean-S Korea free trade pact
Thailand is ready to sign the Asean-South Korea free trade agreement at the Asean Summit in Chiang Mai next month if the plan wins endorsement from Parliament today. -
19-Aug-2008 Bangkok Post Thai-Korea pact to cabinet
The free trade agreement between Thailand and South Korea will be submitted for cabinet approval today, paving the way for the two countries to officially sign the pact at the Asean economic ministers’ meeting scheduled for Aug 25-27 in Singapore. -
3-Jan-2008 Bangkok Post Thailand: Agreement in trade talks with Korea
Thailand has concluded free trade talks with South Korea under the Asean-Korea free trade agreement (AKFTA) after almost a year of negotiations. Under the deal, Thailand will be given more flexibility in cutting and/or waiving its tariffs compared to other Asean nations. -
21-Nov-2007 Korea Times S. Korea, ASEAN sign FTA on services
The deal is the third part of a four-step process to reach a "full" Korea-ASEAN FTA by next year. -
8-Oct-2007 Yonhap S. Korea, ASEAN agree on free trade deal on services
South Korea and Southeast Asian nations have reached a free trade deal on services, raising the possibility of finalizing free trade talks by the end of this year. -
23-Aug-2007 IHT Thailand finds formula to settle rice dispute with SKorea, officials say
Thailand has found a way to settle a dispute over rice with South Korea, allowing it to eventually join a free-trade deal between fellow Southeast Asian countries and Seoul, officials said Thursday. -
31-Jul-2007 PDI RP-based Korean firms seek free trade deal
Korean investors want more liberal trade between South Korea and the Philippines through a regional free trade agreement with the Association of Southeast Asian Nations as a meeting among economic ministers in the region approaches. -
8-Jun-2007 Vietnam reduces tariffs on RoK imports
The Ministry of Finance has issued new tariffs imposed on goods imported from the Republic of Korea (RoK) following the ASEAN-RoK Free Trade Agreement (AKFTA) coming into effect on June 1. -
5-Jun-2007 Malaysia Places 412 Tariff Lines Under Asean-Korea FTA
Malaysia has placed 412 tariff lines under the sensitive track in the tariff liberalisation programme of the Asean-Korea Free Trade (AKFTA), which took effect from this month. -
5-Jun-2007 Bangkok Post Thai-Korean trade talks hung up on rice
Thailand and South Korea will continue to work toward a bilateral free-trade agreement, according to Nitya Pibulsonggram, the minister of foreign affairs. Trade talks between the two countries were now focused on cutting tariffs for rice and fruit, two key Thai exports. -
4-Jun-2007 FTA to spur RoK investment into VN
Republic of Korea (RoK)’s firms are set to invest further into Viet Nam’s booming economy after a free trade agreement (FTA) between the two nations comes into effect on June 1, according to a report issued by the Korea Trade Investment Promotion Agency (KOTRA). -
30-May-2007 Merchandise FTA with five ASEAN countries to take effect next month
A merchandise free trade agreement between South Korea and five member countries of the Association of Southeast Asian Nations (ASEAN) will take effect on June 1, officials said Wednesday.
