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South Korea and the 10 member countries of the Association of Southeast Asian Nations (ASEAN) clamored for free trade and anti-protectionism during their special summit that ran for two days through Tuesday in the South Korean southern port city of Busan.

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The Philippines and South Korea have agreed to conclude the two countries’ free trade agreement by the first half of 2020.

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Cambodia and the Republic of Korea have reached an agreement to avoid double taxation on income and prevent tax evasion, while industry insiders said the agreement will attract more Korean investors to Cambodia.

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The leaders of South Korea and Indonesia discussed ways to strengthen their cooperation in various areas Monday, including infrastructure projects and the economy.

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This year, we will celebrate the 30th anniversary of ASEAN-Korea relations as well as the 70th anniversary of the Philippines-Korea relations.

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South Korea’s agro-fishery products are gaining popularity in China and Southeast Asia on the back of their reputation for quality, freshness and safety.

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Besides the bilateral Free Trade Agreements (FTAs) that they have individually signed with other countries, each ASEAN member state is a signatory to the ASEAN Free Trade Area (AFTA) between themselves as well as the several FTAs that the regional trade bloc has signed with some of the major economies in the Asia-Pacific region.

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SOUTH Korea’s New Southern Policy (NSP) is based on the ‘3Ps’ of People, Peace and Prosperity.

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South Korea will push for more bilateral free trade agreements with Southeast Asian nations and cooperate to conclude regional trade pact negotiations within next year, the Ministry of Trade, Industry and Energy said Thursday.

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