Israel has signed a free trade agreement (FTA) with South Korea, the first Middle Eastern country to do so with the Asian country, and vice versa. More
After eight years of negotiation, the Regional Comprehensive Economic Partnership (RCEP) was signed on 15 November 2020 by 15 member countries including 10 ASEAN countries, as well as China, Japan, Korea, Australia and New Zealand. The RCEP Agreement will enter into force 60 days after six ASEAN member states and three non-ASEAN member states have ratified the agreement, as early as in the second half of 2021. More
Leaders of 15 Asia-Pacific nations signed the Regional Comprehensive Economic Partnership (RCEP) trade deal on 15 November. The wide-ranging treaty establishes a trade area that extends across a third of the world’s population and economic output. More
On 15 November, Chinese Premier Li Keqiang attended, via video link, the fourth summit of the Regional Comprehensive Economic Partnership (RCEP) comprised of China, 10 ASEAN nations, South Korea, Japan, Australia and New Zealand. More
Despite the introduction of electric vehicles (EVs) about a decade ago, inadequate supporting facilities and complicated charging procedures have been hindering the popularisation of EVs in Hong Kong. Looking to provide a hassle-free EV charging experience, Cyrus Chow and his friend founded oneCHARGE three years ago with a vision to accelerate the development of EV infrastructure and promote a more sustainable mode of transport in Hong Kong. More
A medical aesthetics platform delivered via a social and mobile app, Charmfidence is challenging misconceptions about cosmetic surgery by providing better access to information. More
South Korea’s Ministry of Trade, Industry and Energy announced on 4 September that South Korea is “poised to abandon” its World Trade Organisation status as a developing country. According to an informal translation, the ministry indicated that “the status is no longer beneficial and will result in some confrontation with the United States, which is undesirable, and inter-ministerial talks are currently underway regarding the waiver.” More
The United States and South Korea signed on 24 September an updated bi-lateral FTA that includes amendments and modifications to the existing deal as well as additional agreements and understandings to improve its implementation. Each side will now take steps to bring the revised provisions into effect as soon as practicable. More
The United States and South Korea have published the agreed outcomes of their negotiations earlier this year to amend and modify the U.S.-Korea Free Trade Agreement. More
President Trump recently suggested that the United States may withdraw from its free trade agreement with South Korea but that threat appears to be on hold after administration officials, business groups and others raised concerns. More
