Free trade agreements of South Korea

South Korea has concluded free trade agreements (FTAs) and other agreements with a trade component with countries around the world and is negotiating with others.

( Iceland, Liechtenstein, Norway and   Switzerland) ( Brunei, Cambodia, Indonesia,  Laos,  Malaysia, Myanmar, Philippines,  Singapore,  Thailand and  Vietnam) agreement on goods enforced in 2007 and others in 2009 13 December 2015 enforced provisionally from 2011 and fully from 2015;[2] EU's first trade agreement with environmental and labour components[3] signed under Obama administration[4] and revised under Trump administration[5] ( Panama,  Costa Rica,  Honduras,  El Salvador and  Nicaragua) aimed at maintaining the trade relations two countries enjoyed under EU-SK FTA before Brexit[6] and subject to re-negotiation in two years[7] from February 2022[8] ( Bahrain,  Kuwait,  Oman,  Qatar,  Saudi Arabia,  UAE) resumed negotiation in 2022 upon President Moon's visit to Riyadh[17] Guatemala concluded negotiations in 2021[20] ( Argentina, Brazil, Paraguay and  Uruguay) aims to begin in 2022*[25]