FTA

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South Korean and British trade ministers shake hands after signing upgraded FTA in London, with symbols of cars, goods, rail, and gaming.
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South Korea, Britain sign upgraded FTA easing rules of origin for Korean cars, consumer goods

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South Korea and Britain have signed an upgraded free trade agreement in London, easing rules of origin for Korean automobiles and consumer goods while opening markets in high-speed rail and online gaming. The deal, following two years of negotiations, was jointly signed by Korean Trade Minister Yeo Han-koo and his British counterpart, Chris Bryant. The original FTA was signed in 2019 and implemented in 2021.

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