Trade and Investment
Republic of Korea-Philippines Free Trade Agreement
(Republic of Korea-Philippines FTA)
On September 2023, the Philippines and [Republic of] Korea have signed an FTA with the goal of enhancing relations between the two nations further; The FTA was signed on the sidelines of the 43rd Association of Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, with both Philippine President Ferdinand Marcos Jr and [Republic of Korea] President Yoon Suk-yeol in attendance
Sources:
Signed but not yet In Effect
Members
Relevant Dates
- Negotiations launched
2019-06-03 - Signed but not yet In Effect
2023-09-0 - Not yet notified to the WTO
News
- Philippines, [Republic of Korea] ink [Php] 60 billion infrastructure financing dealsphilstar.com10 Oct 2024
- [Philippines] commits to trade pact with [Republic of Korea]Manila Times8 Oct 2024
- [Republic of Korea offers $1.9 [billion] in loans to Philippines during [President] Yoon visitNikkei7 Oct 2024
- Philippines: [Department of Trade and Industry] partners with [Republic of] Korea Institute for Advancement of Technology for FTA digital platformphilstar.com7 Dec 2023