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Korea’s export prices fall at fastest pace in 9 months

South Korea's export prices fell at the fastest clip in nine months in October as the local currency continued to gain ground against the U.S. dollar, the central bank said Tuesday. The export price index reached 82.12 last month, down ... Read More

Survey: S. Korea’s FTAs Seen as Largest Strength to Foreign Investors

A new survey finds that foreign investors feel that free trade agreements (FTA) are the biggest advantage when investing in South Korea. According to the survey carried out by the Korea Trade-Investment Promotion Agency on 111 foreign investors, 18 percent ... Read More

S. Korea, China Adopt MOU on Consumer Protection

South Korea and China have adopted a memorandum of understanding (MOU) on cooperation related to consumer protection after cases of consumer damages grew in the process of e-commerce between the two countries. South Korea’s Fair Trade Commission and China’s State ... Read More

S. Korea, China, Japan to Speed up 3-Way FTA Talks

Leaders of South Korea, China and Japan have agreed to increase economic cooperation in a trilateral summit in Seoul. President Park Geun-hye reached the agreement on Sunday during the summit with Chinese Premier Li Keqiang and Japanese Prime Minister Shinzo ... Read More

South Korean Economic Growth Hits Five-Year High

South Korean economic growth hit a five-year high in the third quarter of the year, coming in ahead of estimates. The country's economy grew 2.6% in the three months to September over the same period the previous year. From the ... Read More

Japan, China and South Korea ‘restore’ fraught ties

The leaders of Japan, China and South Korea say they have "completely restored" trade and security ties, at their first meeting in three years. They said in a statement they had agreed to resume regular trilateral meetings, not held since ... Read More

Trade Ministry to Form TPP Task Force

The Ministry of Trade, Industry and Energy will form a task force to prepare for the expected disclosure of the Trans-Pacific Partnership (TPP) agreement next month. The ministry said Tuesday that the task force will be headed by Director General for FTA Negotiations Kim Hak-do ... Read More

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