MERCOSUR (composed of Argentina, Brazil, Paraguay and Uruguay) and the
Republic of Korea initiated a joint study on the possiblity of a MERCOSUR-Korea free trade agreement in 2005.
The first meeting of the joint study group took place in May 2005 in Asunción, Paraguay. The second
meeting took place in August 2005 in Seoul, Korea.
On March 2, 2017, MERCOSUR and Korea completed their exploratory dialogue with a view to negotiating a
trade agreement in the near future. The Chief Negotiators of MERCOSUR and the Viceminister of Trade and
Investment of the Republic of Korea met in Buenos Aires, Argentina, on December 10, 2017 and agreed on the
importance of quickly initiating negotiations for a Trade Agreement between MERCOSUR and Korea.
On May 25, 2018, MERCOSUR and South Korea launched trade negotiations in Seoul, Korea.
The first round of negotiations took place in Montevideo, Uruguay on September 11-14, 2018.
|Documents related to the negotiations
|11-14 September 2018
First round of trade negotiations
|25 May 2018
||Seoul, South Korea. MERCOSUR and South Korea launch trade negotiations
|10 December 2017
||Buenos Aires, Argentina. MERCOSUR and South Korea agree
on importance of beginning the negotiations of a trade agreement quickly
|02 March 2017
||Buenos Aires, Argentina.
MERCOSUR and Korea conclude exploratory talks for a trade agreement
|17-18 August 2005
||Seoul, Korea. Second meeting for joint study on MERCOSUR-Korea trade agreement
|04-05 May 2005
Asunción, Paraguay. Results of the first meeting for joint study on
MERCOSUR-Korea trade agreement
|Source: Ministry of Foreign
Affairs and Trade of Korea; Ministry of Trade, Industry and Energy, Korea;
Ministerio de Relaciones Exteriores y Culto, Argentina; Ministério das Relações Exteriores, Brazil