Background and Negotiations

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 Montevideo, Uruguay. First round of trade negotiations PDF format New!
25 May 2018 Seoul, South Korea. MERCOSUR and South Korea launch trade negotiations PDF format
10 December 2017 Buenos Aires, Argentina. MERCOSUR and South Korea agree on importance of beginning the negotiations of a trade agreement quickly PDF format
02 March 2017 Buenos Aires, Argentina. MERCOSUR and Korea conclude exploratory talks for a trade agreement PDF format
17-18 August 2005 Seoul, Korea. Second meeting for joint study on MERCOSUR-Korea trade agreement PDF format
04-05 May 2005

Asunción, Paraguay. Results of the first meeting for joint study on MERCOSUR-Korea trade agreement PDF format

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


Recent Developments
  11-14 September 2018. First round of trade negotiations New!