Apparel Sourcing Intelligence - Worldwide

2014 Trade agreements: Korea strikes deals with China, Australia, Vietnam and Canada

In addition to its deal with Australia, in early November, Korea announced it had initialled an FTA with China, though said it would not release details until a provisional signature – which it expected in early 2015. It had signed an FTA with Canada in September, and announced agreement on an FTA with New Zealand in November. In December, it announced agreement on an FTA with Vietnam,  and continues to negotiate with Japan and China on a three-way FTA. Its agreements with  New Zealand and Vietnam need to be formally signed, then ratified, during 2015.