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The center of trade, happy KOREA. FTA(Free Trade Agreement) will continue to place with

FTA Trend in Korea

FTA Trend in Korea

<As of January 2014>

Classification

Remarks

In Effect
(46 Countries)

Chile

In effect since April 1, 2004

Singapore

In effect since March 2, 2006

EFTA (4)

In effect since September 1, 2006
(Iceland, Liechtenstein, Norway and Switzerland)

ASEAN (10)

Malaysia, Singapore (June 1, 2007), Vietnam (June 29, 2007), Myanmar
(November 27, 2007), Indonesia (December 7, 2007), the Philippines
(January 1, 2008), Brunei (July 1, 2008), Laos (October 1, 2008),
Cambodia (November 1, 2008) and Thailand (January 1, 2010)

India

Korea-India CEPA in effect since January 1, 2010

EU (27)

In effect since July 1, 2011
(Austria, Belgium, England, Czech, Cyprus, Denmark, Estonia, Finland,
France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania,
Luxemburg, Malta, Netherland, Poland, Portugal, Slovakia, Slovenia,
Spain, Sweden, Bulgaria, Rumania)

Peru

In effect from August 1, 2011

US

In effect from March 15, 2012

Turkey

In effect from May 1, 2013

Concluded
(2 Countries)

Colombia

Announcement of conclusion of Korea-Colombia FTA on June 25, 2012

Australia

KConcluded since December 4, 2013

Under
Negotiation
(15 Countries)

Canada

13 rounds of negotiations held between May 10, 2004 and January 9, 2009

Mexico

2 rounds of negotiations held between May 2000 and June 11, 2008

Japan

Joint feasibility study, involving governments, businesses and academic scholars from both sides and 6 rounds of negotiations held between November 1998 and May 9, 2011

Korea-China-Japan

Completion of 7 rounds of Joint Studies, involving governments, businesses and academic scholars from both sides between May 6, 2010 and December 16, 2011 Announced commencement of negotiation on November 20, 2012

Vietnam

6 rounds of meetings and public hearings held between June 23, 2010 and April 20, 2012

Indonesia

Negotiations and public hearings (3 in total) on Korea-Indonesia CEPA
held between May 2011 and March 28, 2012, 1st negotiation held on
July 12, 2012

China

Joint feasibility study, involving governments, businesses and academic
scholars from both sides and 1st negotiation held between September
2004 and May 14, 2012 

RCEP

Announced commencement of negotiation at the East Asia Summit (EAS) on November 20, 2012

Under
Consideration
(20 Countries)

Central American Countries (6)

Launch and completion of joint studies with Panama, Costa Rica, Guatemala, Honduras and El Salvador between October 2010 and April 2011

Malaysia

Feasibility study on Korea-Malaysia FTA held in April 2012

Mercosur (4)

4 rounds of joint studies between May 4, 2005 and November 1, 2006
Korea and MERCOSUR signed the MOU for the establishment of a joint
consultative group to promote trade and investments between the
Republic of Korea and MERCOSUR on July 23, 2009 (Brazil, Argentina,
Uruguay, and Paraguay)

New Zealand

4 rounds of negotiations held between December 2006 and May 14, 2010

GCC (6)

3 rounds of negotiations held between March 2007 and November 19, 2009 (Saudi Arabia, Kuwait, Arab Emirate, Qatar, Oman and Bahrain)

Israel

3 rounds of joint studies held between May 18, 2009 and August 2010