South Korea-China FTA Phase 2 Services and Investment Talks to Accelerate in 2026
South Korea and China agree to accelerate South Korea-China FTA Phase 2 services investment negotiations. Trade chiefs met in Beijing to prepare for a 2026 ministerial summit.
Goods were just the beginning. Now, South Korea and China are ready to crack open the vault of their service and investment sectors.
Accelerating South Korea-China FTA Phase 2 Negotiations
Trade chiefs from Seoul and Beijing met on December 30, 2025, to breathe new life into the South Korea-China FTA Phase 2 negotiations. According to South Korea's Ministry of Trade, Industry and Energy, Trade Minister Yeo Han-koo and his Chinese counterpart, Li Chenggang, agreed in Beijing to broaden the scope of their bilateral trade deal beyond manufactured goods.
From Tariffs to Telecommunications: What's Next?
While the first phase, effective since December 2015, focused on eliminating tariffs on goods, Phase 2 aims to unlock markets in finance, telecommunications, and legal services. The two nations plan to hold regular in-person meetings starting next year and have scheduled a ministerial-level summit for the first half of 2026 to finalize progress.
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