Please post anything about ASEAN-Korea relationship and friendship!
Like Japan, the SouthEast Asian / ASEAN nations should strengthen their relationship to Korea, the South Korea.
Let all South East Asian nations become the next South Korea.
The next goal is to be the next Japan, but not impossible to surpass Japan.
The government of South Korea and nine members of the Association of South-East Asian Nations (Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, and Vietnam) signed an FTA together in May 2006, which took effect in July 2006.
Due to concerns about agriculture, particularly the dealís provisions on rice and livestock, Thailand negotiated separate arrangements with the Korean government to join the pact in early 2009. Korea is also interested in a separate, higher level FTA with Malaysia.
last update: May 2012
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S. Korea to speed up upgrade of FTA with ASEAN
South Korea and Southeast Asian countries agreed to speed up negotiations to upgrade their free trade agreement, Seoulís trade ministry said Tuesday, amid rising fears over trade protectionism.
Seoul has been in talks with the 10 Association of Southeast Asian Nations (ASEAN) to improve the FTA, which took effect in 2007, with Singapore becoming the chair country of the Korea-ASEAN FTA implementation committee.
Thanks to the FTA, trade between South Korea and ASEAN nearly doubled over the past decade to US$119 billion in 2016 from $62 billion in 2006.
South Koreaís Trade Minister Joo Hyung-hwan met with his Singaporean counterpart Lim Hong Kiang in Singapore on Friday and discussed ways to have the negotiation process gain speed, according to the Ministry of Trade, Industry and Energy.
They agreed to have additional sessions and meetings for discussions and hold a ministerial-level meeting in May.
In a separate meeting in Manila on Monday, South Korea and the Philippines agreed to work together to conclude the Regional Comprehensive Economic Partnership (RCEP) as soon as possible. The RCEP covers 16 countries in the Pacific region including 10 ASEAN countries, South Korea, China Japan and India.
RCEP negotiations were formally launched in November 2012, while the United States had pushed for the Trans-Pacific Partnership (TPP) trade agreement, which was blasted by U.S. President Donald Trump.
"The series of meetings with Singapore and the Philippines are aimed at making constant efforts to deal with widespread trade protectionism and speed up negotiations for regional FTAs," the trade ministry said.
Keywords: #ASEAN #Korea
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We always love Japan and Korea people!