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: [Department of Trade and Industry] partners with [Republic of] Korea Institute for Advancement of Technology for FTA digital platformphilstar.com7 Dec 2023
- [Philippines: Bureau of Investment] to incentivize modernization of plantationsPhilippine News Agency24 Oct 2023
- Philippines makes headway on [free trade agreements]Manila Times11 Oct 2023
- [Philippines, Republic of Korea] eye FTA signing next monthPhilippine News Agency21 Aug 2023