- Country or region
- South Korea
- Trade topics
- Negotiations and agreements
Free Trade Agreement
1 July 2021 marked the 10th anniversary of the EU-Republic of Korea free trade agreement. The agreement eliminates duties for industrial and agricultural goods in a progressive, step-by-step manner.
Digital Trade Agreement
The EU and the Republic of Korea have concluded negotiations for a landmark Digital Trade Agreement (DTA), underscoring their commitment to a strong and reliable partnership that is fit to face the fast-paced digital developments of today.
This ambitious agreement reflects the EU's commitment to setting high-standard digital trade rules, while connecting further the digital economies of the EU and Korea. The deal provides binding rules that build consumer trust, ensure predictability and legal certainty for businesses, and ensure trusted data flows, while removing and preventing the emergence of unjustified barriers to digital trade.
The DTA promotes an approach for building digital and data rules with individuals and their rights at its core. It ensures the EU and Korea preserve policy space to develop and implement the policies required to address new challenges in the digital economy.
About the agreements
The EU and the Republic of Korea meet regularly to discuss issues and best practices when applying the free trade agreement.
Round reports and EU textual proposal for the digital trade agreement.
Read the different sections of the agreements
EU-South Korea Trade in your town
The 2011 EU-South Korea trade deal eliminated customs duties enabling AustiAlpin, a climbing equipment maker, to start doing business there. The company now exports around 80% of its products and is eager to reap the benefits of more EU trade deals, such as with Canada.
Latest news
Today the Commission imposed definitive anti-dumping duties on imports into the EU of acrylonitrile-butadiene-styrene resins (‘ABS’) from Taiwan and the Republic of Korea.
The EU and the Republic of Korea have concluded negotiations for a landmark Digital Trade Agreement (DTA), underscoring their commitment to a strong and reliable partnership that is fit to face the fast-paced digital developments of today.
French and Irish beef producers will once again be able to export beef to the Republic of Korea, thanks to the European Commission’s efforts to negotiate the removal of local restrictions on EU beef.