Progress in Central America - South Korea FTA

In the third round issues such as market access, trade defense, institutional arrangements, dispute settlement, sanitary and phytosanitary measures were discussed.

Wednesday, March 2, 2016

From a statement issued by the Ministry of Foreign Trade of Costa Rica:

San Jose, March 02, 2016.- The third round of negotiations for a Free Trade Agreement between Central America and South Korea was held from 22nd to 26th of February in San Francisco, in the United States. During this meeting, the technical teams continued the discussion of regulatory texts and talks began on trade and sustainable development.

In relation to financial services and cross-border trade, negotiators were able to advance the discussion of texts, agreeing arrangements for issues such as local presence and new financial services. Additionally, in the group on technical barriers to trade, Central American proposals related to transparency, cooperation and the Committee on Technical Barriers to Trade were discussed. Among the main achievements is the establishment of the Committee, which will address in a more agile way any matter arising from the application of this chapter.

More on this topic

Last Stage of South Korea - Central America FTA Negotiations

November 2016

In the seventh round of negotiation all chapters were finalised and what is left pending are technical matters from the list on access and origin which will be addressed in a final meeting.

From a statement issued by the Ministry of Foreign Trade of Costa Rica:

FTA with South Korea: Rules of Origin

August 2016

Sanitary and phytosanitary measures, technical barriers to trade, rules of origin and competition rules were defined and progress was made on issues of tariff reduction.

From a statement issued by the Ministry of Economy in Guatemala:

The teams negotiating the FTA between Central America and South Korea ended the V round of negotiations with conclusions to four chapters of the treaty and progress made on two other issues.

Fourth Round of Central America - South Korea FTA

May 2016

Negotiations have been finalised on the environmental chapter and progress made on Trade Facilitation and the texts of the chapters on sanitary measures, technical barriers and government procurement.

From a statement issued by the Ministry of Economy of Guatemala:

Guatemala, May 30, 2016.

1st Round of Central America - South Korea FTA Concludes

September 2015

In the first round held in South Korea modalities and staging categories for trade were defined.

In Seoul, Korea, the First Round of Negotiations of the Free Trade Agreement between Central America and -TLC- South Korea was held.

After signing the general framework of negotiations last July, the Central American Work teams met from 21 to 25 September, with their counterparts from the Ministry of Trade, Economy and Energy of South Korea.

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