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The European Union–South Korea Free Trade Agreement is a free trade agreement between the European Union (EU) and South Korea. The agreement was signed on 15 October 2009. [ 1 ] The agreement was provisionally applied from 1 July 2011, [ 2 ] and entered into force from 13 December 2015, after having been ratified by all signatories.
see European Union–South Korea Free Trade Agreement; enforced provisionally from 2011 and fully from 2015; [2] EU's first trade agreement with environmental and labour components [3] 7 Peru 16 March 2009 21 March 2011 1 August 2011 see South Korea–Peru Free Trade Agreement: 8 United States 5 June 2006 30 June 2007 15 March 2012
Following extended negotiations, [9] the EU and Korea in 2010 signed a new framework agreement and a free trade agreement (FTA) which was the EU's first FTA with an Asian country and removes virtually all tariffs and many non-tariff barriers. On the basis of this, the EU and Korea decided in October 2010 to upgrade their relationship to a ...
South Korea's free trade agreement with the United States could help mitigate its exposure to reciprocal tariffs threatened by U.S. President Donald Trump, economists at two major investment banks ...
Informed the EU of its intention to accede to the EPA. [81] Thailand Free Trade Agreement Negotiations started in 2013, paused in 2014, and resumed in 2023. [78] Tonga: Economic Partnership Agreements as part of the Pacific States Interim Partnership Agreement: Informed the EU of its intention to accede to the EPA. [81] Tuvalu
South Korean e-commerce purchases from overseas have jumped 27% to 6.8 trillion won ($4.97 billion) in 2023 from 5.3 trillion won in 2022, according to Statistics Korea. ($1 = 1,368.5200 won)
Vietnam free trade agreement [3] China trade and economic agreement; Iran free trade agreement [4] Serbia free trade agreement [5] Singapore free trade agreement [6] European Union Armenia qualifies to export its products under the EU's Generalized System of Preferences (GSP) Georgia [7] Ukraine [8]
GUAM Organization for Democracy and Economic Development (GUAM) FTA [11] [12] - unclear application, the WTO was notified in only 2017 - multilateral free trade regime among 4 countries (International Trade Centre says there is no free trade area in operation with distinct rules from an Agreement on Creation of CIS Free Trade Area, was signed ...