Korea-European Free Trade Association

1. Introduction to the European Free Trade Association (EFTA)-South Korea Agreement
2. Advantages of the Agreement
3. Foreign Trade between Korea and the EFTA member states

The Subject “Korea-EFTA Free Trade Agreement” belongs to the following Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: World Trade.

Languages: AELE-Corea AELE-Coree AELC.

EFTA-South Korea Free Trade Agreement.

The South Korea-EFTA Free Trade Agreement entered into force in 2006.

Through the EFTA-Korea Free Trade Agreement, South Korea and the Member States of the European Free Trade Association (Iceland, Liechtenstein, Norway, and Switzerland) have agreed to eliminate the customs duties on almost all trade in goods, except for the agricultural products.

All the exported products by South Korea will be admitted by the EFTA States in franchise of customs duties.

The South Korea-EFTA Free Trade Agreement applies to:

1. International Trade in Goods and Services
2. Dispute settlement
3. Access to public procurement
4. Intellectual Property Rights