Korea's trade ministry said Tuesday it is currently under negotiations with Guatemala to invite the Central American country to a multilateral trade pact that fully went into effect this year.
“It was a very good deal but a lot of time has passed,” he said. “The economy has shifted and the focus has shifted. Digitization and green deal, for example, were not so much discussed at the time, but are very important today.
Held to mark the 10th anniversary of the Korea-European Union (EU) free trade agreement (FTA), the event looked back at its achievements and raised suggestions to improve trade relations.
One of the key agendas for the Southern Common Market, or Mercosur, as it celebrates its 30th anniversary this year will be relaunching FTA negotiations with Korea that have been stalled as a result of the pandemic, said top envoys representing...
Discussions on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (Cptpp) have become frequent lately at home. They are mostly focused on the benefit and timing in joining the multinational trade framework....
Trade Minister Yoo Myung-hee, far right, poses for a photo with Pan Sorasak, center, minister of commerce of the Royal Government of Cambodia, Wednesday during online FTA negotiations.
The Korean government has moved a step closer to joining a regional trading bloc after avoiding the subject altogether due to complex geopolitics and the need to lay low.
For an ambassador just a month into the office in a new country, Akiva Tor may have a better mental map of Korea’s capital city than some Seoulites. “I keep Shabbat, and we’re not permitted to travel by car or by public transport [from sunset on...
The Export-Import Bank of Korea inked a $200 million loan agreement with the Development Bank of Latin America to facilitate Korean exports, the bank announced Tuesday.
U.S. President Donald Trump on Monday reiterated his role in making the Korea-U.S. FTA a fair deal for his country, claiming the bilateral free trade pact had created jobs only for Korea before it was renegotiated and amended under his leadership.