SEOUL, Dec 14 (Korea Bizwire) – The Korea-Canada free trade agreement will go into effect from January 1 next year. This is the 11th free trade agreement for Korea following the Korea-Australia FTA that took into effect on December 12. Consumers are keenly interested in items that will benefit from the new pact, such as Canada [...]
SEOUL, Dec. 11 (Korea Bizwire) — The Korea-Vietnam free trade agreement has been reached on December 10 after 28 months of negotiations since beginning talks in August 2012. Korean President Park Geun-hye held a meeting on the same day with Vietnamese Prime Minister Nguyen Tan Dung in Busan ahead of the 2014 ASEAN-Korea Commemorative Summit and declared [...]
SEOUL, Nov. 12 (Korea Bizwire) – The recently signed Korea-China Free Trade Agreement (FTA) has finally laid a legal foundation for making a Chinese version of “My Love from the Star.” The drama, cast by Kim Soo-hyun and Jun Ji-hyun, is one of the Korean wave shows that brought the huge change in China’s fashion trend. [...]
SEOUL, Sep. 11 (Korea Bizwire) – A proposed free trade agreement between the Republic of Korea and Canada has received a green light from South Korea’s Cabinet council on September 11, making the parties draw one step closer to the full-fledged trade exchange with less or no tariffs between the two countries. Korea’s Cabinet on [...]
SEOUL, Sep. 8 (Korea Bizwire) – China, Japan, and the Republic of Korea concluded their fifth round of Free Trade Agreement talks in Beijing for five days between September 1 and 5. The latest negotiations were led by South Korean Assistant Commerce Minister Woo Tae-hee, China’s Assistant Commerce Minister, Wang Shouwen, and Japanese Deputy Foreign [...]
SEOUL, July 2 (Korea Bizwire) – From July 1st this year, which marks the third anniversary of Korea-EU free trade agreement, the tariffs on mid- and large-sized European cars was abolished in Korea. Coupled with this measure, lowering tariffs on small-sized cars will give a further boost to already hot-selling European automotive industry in the [...]
OTTAWA, ONTARIO, April 11, 2014 (Korea Bizwire) – Canada’s Agriculture Minister Gerry Ritz will be in Korea next week leading a delegation of 30 agriculture associations and companies to boost trade ties. The mission comes after the conclusion of Canada-Korea Free Trade Agreement (CKFTA) negotiations announced by Prime Minister Stephen Harper and President of the Republic of [...]