Trade and Investment
Republic of Korea-Gulf Cooperation Council Free Trade Agreement
(Republic of Korea-GCC FTA)
On December 28, the Gulf Cooperation Council (GCC) signed a free trade agreement with [Republic of] Korea on Thursday, its second trade deal this year, as the six-member bloc intensifies efforts to boost investment ties with major economic partners in Asia
Sources:
Signed but not yet In Effect
Members
- Korea, Republic of
- Bahrain
- Oman
- Qatar
- Kuwait
- Saudi Arabia
- United Arab Emirates
Relevant Dates
- Signed but not yet In Effect
2023-12-28 - Negotiations launched
2009-03-09 - Proposed/Under consultation and study
2007-11-0 - Not yet notified to the WTO
News
- Qatar seeks stronger business ties with South Korean firmsThe Korea Herald16 Apr 2024
- [Gulf Cooperation Council - Republic of Korea] sign free trade deal in boost to Gulf-Asia economic tiesReuters28 Dec 2023
- [Republic of Korea], Arab nations to hold new round of [free trade agreement] talks next weekYonhap News23 Oct 2022
- [Republic of] Korea, Saudi Arabia to bolster ties on hydrogen economyAsia News Network19 Jan 2022
