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South Korea and Turkey Hold Sixth Round of Bilateral FTA Talks
Delegations met in Ankara on June 23 to review outcomes of the 2013 free trade agreement. Trade between the two countries has nearly doubled since the pact took effect.
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South Korea and Turkey opened discussions on June 23 about the results of their bilateral free trade agreement that entered into force in 2013. The South Korean delegation traveled to Ankara for the two-day meeting, the sixth of its kind since the agreement began, according to the Ministry of Trade, Industry and Resources. Bilateral trade grew to $10.66 billion in 2025 from $5.22 billion in 2012.
The ministry said South Korean firms such as Hyundai Motor and POSCO have built production bases in Turkey, contributing to the country's output, employment and exports while supplying materials and parts that support supply chains. During the talks the ministry raised concerns over existing trade barriers.
Turkey currently maintains 19 antidumping and safeguard measures on South Korean goods and the ministry called for fair examinations consistent with international norms.
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