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S. Korean Exporters Saved 6.6 tln Won on Lower Tariffs from FTAs in 2021: Data

S. Korean Exporters Saved 6.6 tln Won on Lower Tariffs from FTAs in 2021: Data

SEOUL, April 2 (Korea Bizwire) — South Korean exporting companies saved 6.6 trillion won (US$5.8 billion) due to lower tariffs in 2021 thanks to the country’s free trade agreements (FTAs) with six major economies, including the United States and the European Union, government data showed Sunday. According to the trade data compiled by the Ministry [...]

On 15th Anniv. of S. Korea’s 1st FTA, Consumers Acknowledge Positive Effect

On 15th Anniv. of S. Korea’s 1st FTA, Consumers Acknowledge Positive Effect

SEOUL, Oct. 22 (Korea Bizwire) — More than 6 out of 10 South Korean consumers think that free trade agreements (FTAs) have had a positive impact on the local market. A survey of 3,000 men and women aged between 25 and 59 by the Korea Consumer Agency showed 67.5 percent of the respondents saying that [...]