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CONTACT US

ADDRESS
25 Bongo-daero, 743 beon-gi Gyeyang-Gu Incheon Metropolitan , Korea

Tel : 82-070-7375-0555
Fax : 82-070-7375-0555
Mobile : 010-4760-0556

E-MAIL
• utp@utpartners.com
• chungi-hong@hotmail.com

Location
containership

How do you forecast about the Free Trade Agreement?

Welcome to "Universe Trade Partners" home. The world today, have being integrated as a single markets via internet-based economic activities, and we think about that is very natural things that we need to find business partners abroad in order to adapt to the these environment. The Korea now has intense aspirations to become a trade hub in northeast Asia. as you know the Korea is Asia’s fourth-largest economy, and so far, Korea has concluded FTA with Chile and Singapore, the European Free Trade Association (EFTA), the Association of Southeast Asian Nations (ASEAN), India, EU, Peru, and which it has already come into effect between nations.

Furthermore, the Korea-United States Free Trade Agreement was ratified by the National Assembly on 22nd Nov’ 2011, and also the Korea continually has driving to make the FTA contract with other countries. Besides, the Korea now, negotiating FTA with Canada, Australia, Mexico, New Zealand Colombia is in progress, and several countries of these, are near to conclusion. And the countries in preparing negotiation or studying about the FTA are Japan, China, Israel, Malaysia, Indonesia, Vietnam, Mongolia, Central America, MERCOSUR. In a changing of international market environment like this, It is evident show that suggest something greater likelihood to us, and we can see that it is time to think about what to do as a worldwide business in the long term.

If you are looking for a new market for the new business or investment into Korea, we wish to cooperate with you as a global agency including all the business cases in the human society, only except the antisocial behaviors. For example, Matching Importers Exporters, buyers Sales Agency, Distributor, Investments, Research Analysis, Joint-venture, Business Preparation in Korea and so on. We are waiting for you.

Current Status of FTA in Korea

Step Process Relative Nations Status of FTA
Completion
FTA
Chile Initiate Negotiation in Dec' 1999.
Signed in Feb' 2003.
Effected in Apr' 2004.
Singapore Initiate Negotiation in Jan' 2004.
Signed in Aug' 2005.
Effected in Sep' 2006.
EFTA
(4 countries)
Initiate Negotiation in Jan' 2005.
Signed in Dec' 2005.
Effected in Sep' 2006.
ASEAN
(10 countries)
Initiate Negotiation in Feb' 2005.
Signing theAgreement for trade of goodsin Aug' 2006.
Effected in Jun' 2007.
Signing the Service Agreement in Nov' 2007.
Effected in May' 2009.
Signing the Investment Agreement in Jun' 2009.
Effected in Sep' 2009.

India Initiate Nagotiation in Mar' 2006.
Signed in Aug' 2009.
Effected in Jan' 2010.
EU
(27 counties)
Initiate Nagotiation in May' 2007.
Signed in Oct' 2010.
Peru Initiate Nagotiation in Mar' 2009.
Signed in Mar' 2011.
Effected in Aug' 2011.
Signed U.S Initiate Nagotiation in Jun' 2006.
Complete Add Negotiations in Dec' 2010.
Signed the Agreement of furtherNegotiation in Feb' 2011.
Retified by the Natioal Assembly in Nov' 2011.
Effective Date: March 15, 2012.
Negotiationin
Progress
Canada Initiate Negotiation in Jul' 2005.
Held the 13th round of Negotiations in Mar' 2008.
GCC
(6 countries)
Hold prior consultations in Nov' 2007.
(So far, Held 3 timesNegotioation)
Mexico Initiate Negotiation in Dec' 2007.
Held in the third Negotiation in Jun' 2008.
Australia Private Collaborative Research period in May 2007~Apr 2008.
Held twice a preliminary intergovernmental agreement.
in Oct' 2008.
Held four times meetings between session.
New Zealland Private Collaborative Research period in Feb2007~Mar 2008.
Held twice a preliminary intergovernmental agreement.
in Sep' 2008.
Held four times meetings between session.
Colombia Private Collaborative Research period in Mar2009~Sep 2009.
(So far, Held 5timesNegotioation)
Held twice a preliminary intergovernmental agreement.
in Sep' 2008.
Held four times meetings between session.
Turkey Private Collaborative Research period in Jun2008~May 2009.
(So far, Total3 times of Negotioation).
Preparing negotiations or
collaborative research
Japan, China, MERCOSUR(4 countries), Israel, Vietnam, Mongolia,
Central America(6 countries), Malaysia, Indonesia.



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