EU–South Korea Free Trade Agreement
E841667
The EU–South Korea Free Trade Agreement is a comprehensive trade pact that significantly reduces tariffs and trade barriers between South Korea and the European Union, promoting increased economic integration and market access.
Statements (73)
| Predicate | Object |
|---|---|
| instanceOf |
bilateral trade agreement
ⓘ
free trade agreement ⓘ international treaty ⓘ |
| aim |
elimination of tariffs on industrial goods
ⓘ
elimination of tariffs on many agricultural products ⓘ enhanced investment conditions ⓘ improved market access for services ⓘ promotion of sustainable development ⓘ reduction of non-tariff barriers ⓘ strengthening economic integration ⓘ |
| alsoKnownAs |
EUKOR FTA
NERFINISHED
ⓘ
EU–Korea Free Trade Agreement NERFINISHED ⓘ EU–Republic of Korea Free Trade Agreement NERFINISHED ⓘ |
| concludedIn | 2010 ⓘ |
| coversSector |
agricultural products
ⓘ
automotive industry ⓘ electronics ⓘ financial services ⓘ machinery ⓘ maritime transport services ⓘ pharmaceuticals ⓘ telecommunications services ⓘ |
| enteredIntoForce | 2011 ⓘ |
| enteredIntoForceOn | 1 July 2011 ⓘ |
| geographicScope |
European Union
NERFINISHED
ⓘ
South Korea NERFINISHED ⓘ |
| hasChapter |
competition
ⓘ
current payments and capital movement ⓘ dispute settlement ⓘ government procurement ⓘ intellectual property ⓘ trade and sustainable development ⓘ trade in goods ⓘ trade in services and establishment ⓘ |
| hasImpactOn |
EU exports to South Korea
ⓘ
South Korean exports to the EU ⓘ bilateral trade volumes ⓘ foreign direct investment flows ⓘ |
| hasProvision |
competition rules
ⓘ
dispute settlement mechanism ⓘ government procurement ⓘ intellectual property rights protection ⓘ investment liberalisation ⓘ regulatory cooperation ⓘ rules of origin ⓘ tariff elimination schedule ⓘ trade and sustainable development chapter ⓘ trade in services ⓘ |
| language |
Korean
ⓘ
all official languages of the European Union ⓘ |
| legalBasis | EU common commercial policy NERFINISHED ⓘ |
| monitoredBy |
EU–Korea Trade Committee
NERFINISHED
ⓘ
specialised committees and working groups ⓘ |
| negotiatedBy |
European Commission
NERFINISHED
ⓘ
Government of South Korea NERFINISHED ⓘ |
| negotiationStart | 2007 ⓘ |
| partOf | EU common commercial policy network of FTAs ⓘ |
| party |
European Union
NERFINISHED
ⓘ
Republic of Korea NERFINISHED ⓘ South Korea NERFINISHED ⓘ |
| precededBy | EU–South Korea 1997 Framework Agreement on Trade and Cooperation NERFINISHED ⓘ |
| signedBy |
European Union
NERFINISHED
ⓘ
Republic of Korea NERFINISHED ⓘ |
| signedIn | 2010 ⓘ |
| subject |
competition policy
ⓘ
intellectual property ⓘ international trade ⓘ investment ⓘ public procurement ⓘ services trade ⓘ sustainable development ⓘ tariff reduction ⓘ trade liberalisation ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.