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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.
The European Union (EU) and South Korea are important trade partners: As of April 2023, Korea is the EU's third-largest importer. Excluding European countries, Korea has secured the third place on the list, following China and the United States. [1] And the EU is Korea's third largest export destination. [2]
South Korea is the EU's eighth largest trade partner and the EU has become South Korea's second largest export destination. EU trade with South Korea exceeded €65 billion in 2008 and has enjoyed an annual average growth rate of 7.5% between 2004 and 2008. [46]
South Korea's acting President Choi Sang-mok on Tuesday said his government would seek talks with the U.S. administration about Washington's 25% tariffs on steel and aluminium imports to reflect ...
South Korea: European Union–South Korea Free Trade Agreement (entered in to force on 13 December 2015) [23] Switzerland FTA (1973) Tunisia AA (1998) Turkey CU (1996) EU Overseas Countries and Territories [24] Vietnam: European Union-Vietnam Free Trade Agreement (2020)
PARIS (Reuters) -U.S. Vice President JD Vance on Tuesday said he would discuss trade and economic issues with European Commission President Ursula von der Leyen, after Washington decided to impose ...
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
South Korea's industry and trade ministers plan to travel to the United States as early as possible to discuss cooperation, the government said in a statement. Acting President Choi Sang-mok asked ...