South Korea–European Union Relations
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South Korea–European Union Relations
The European Union (EU) and the Republic of Korea (South Korea) are important trade partners: Korea is the EU's ninth largest export market for goods, and the EU is Korea's third largest export destination. The two have signed a free trade agreement which came into effect at end of 2011. Furthermore, South Korea is the only country in the world with the three agreements covering economics, politics and security in effect as of 2020. Agreements The first EU–South Korea agreement was Agreement on Co-operation and Mutual Administrative Assistance in Customs Matters (signed on 13 May 1997).Bilateral relations Korea
European Commission
This agreement allows the sharing of competition policy between the two parties. The second agreement, the Framewo ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ...
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ...
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Free Trade Agreement
A free-trade agreement (FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating states. There are two types of trade agreements: bilateral and multilateral. Bilateral trade agreements occur when two countries agree to loosen trade restrictions between the two of them, generally to expand business opportunities. Multilateral trade agreements are agreements among three or more countries, and are the most difficult to negotiate and agree. FTAs, a form of trade pacts, determine the tariffs and duties that countries impose on imports and exports with the goal of reducing or eliminating trade barriers, thus encouraging international trade. Such agreements usually "center on a chapter providing for preferential tariff treatment", but they also often "include clauses on trade facilitation and rule-making in areas such as investment, intellectual property, government procurement, technical standards and sanitary and phytosanitary i ...
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ASEM
Asem (also spelled Aasem, Assem, Asim ar, عاصم ') is a male given name of Arabic origin, which means "savior, protector, guardian, defender." Asem is also a female given name of Kazakh origin, which means "beauty, beautiful, refined, graceful, elegant, excellent, splendid, magnificent." It is not related to the Indian given name Asim. Given name * Asim ibn Omar, famous Tabi'un and Early Hadith scholar. * Umm Asim bint Asim, was the mother of Umayyad caliph Umar II (r. 717–720) and wife of Abd al-Aziz ibn Marwan. * Asim Abdulrahman, Egyptian militant * Asım Akin, Turkish physician * Abu Asim Azmi, Indian politician * Asım Orhan Barut, Turkish-American theoretical physicist * Asim Brkan, Bosnian singer, musician and artist * Asim Ferhatović, Bosnian footballer * Asim Sarajlić, Bosnian politician * Asim Peco, Bosnian linguist * Asim Kurjak, Bosnian scientist * Asım Can Gündüz, Turkish rock and blues guitarist * Asım Güzelbey, Turkish politician * Assem Hammou ...
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European Parliament
The European Parliament (EP) is one of the legislative bodies of the European Union and one of its seven institutions. Together with the Council of the European Union (known as the Council and informally as the Council of Ministers), it adopts European legislation, following a proposal by the European Commission. The Parliament is composed of 705 members (MEPs). It represents the second-largest democratic electorate in the world (after the Parliament of India), with an electorate of 375 million eligible voters in 2009. Since 1979, the Parliament has been directly elected every five years by the citizens of the European Union through universal suffrage. Voter turnout in parliamentary elections decreased each time after 1979 until 2019, when voter turnout increased by eight percentage points, and rose above 50% for the first time since 1994. The voting age is 18 in all EU member states except for Malta and Austria, where it is 16, and Greece, where it is 17. Although the E ...
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ASEAN
ASEAN ( , ), officially the Association of Southeast Asian Nations, is a political and economic union of 10 member states in Southeast Asia, which promotes intergovernmental cooperation and facilitates economic, political, security, military, educational, and sociocultural integration between its members and countries in the Asia-Pacific. The union has a total area of and an estimated total population of about 668million. ASEAN's primary objective was to accelerate economic growth and through that social progress and cultural development. A secondary objective was to promote regional peace and stability based on the rule of law and the principles of the UN Charter. With some of the fastest growing economies in the world, ASEAN has broadened its objective beyond the economic and social spheres. In 2003, ASEAN moved along the path similar to the European Union (EU) by agreeing to establish an ASEAN community that consists of three pillars: the ASEAN Security Community, the ...
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High Representative
The High Representative of the Union for Foreign Affairs and Security Policy (HR/VP) is the chief co-ordinator and representative of the Common Foreign and Security Policy (CFSP) within the European Union (EU). The position is currently held by Josep Borrell Fontelles. The Treaty of Amsterdam had established the position of High Representative for Common Foreign and Security Policy. The position was aggrandised by the Lisbon Treaty, which established its current title and powers, including a seat on the European Commission, and a chair of the council of EU foreign ministers. The first person to hold the full title of High Representative of the Union for Foreign Affairs and Security Policy, following the Lisbon Treaty, was Catherine Ashton. Following the Lisbon Treaty, the post is assisted by the European External Action Service (EEAS) that was set up in December 2010.Gateway to the European UnionEuropean External Axis Service– accessed 16 February 2011 Titles The formal tit ...
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Foreign Relations Of South Korea
South Korea maintains diplomatic relations with 191 countries. The country has also been a member of the United Nations since 1991, when it became a member state at the same time as North Korea. South Korea has also hosted major international events such as the 1988 Summer Olympics and 2002 World Cup Soccer Tournament (2002 FIFA World Cup co-hosted with Japan) and the 2011 IAAF World Championships Daegu South Korea. Furthermore, South Korea had hosted the 2018 Winter Olympics which took place in Pyeongchang, South Korea from 9 to 25 February. South Korea is a member of the United Nations, WTO, OECD/ DAC, ASEAN Plus Three, East Asia Summit ( EAS), and G-20. It is also a founding member of Asia-Pacific Economic Cooperation (APEC) and the East Asia Summit. On January 1, 2007, South Korean Foreign Minister Ban Ki-moon assumed the post of UN Secretary-General, serving in that post until December 31, 2016. Inter-Korean relations Inter-Korean relations may be divided i ...
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Foreign Relations Of The European Union
Although there has been a large degree of integration between European Union member states, foreign relations is still a largely intergovernmental matter, with the 27 members controlling their own relations to a large degree. However, with the Union holding more weight as a single bloc, there are at times attempts to speak with one voice, notably on trade and energy matters. The High Representative of the Union for Foreign Affairs and Security Policy personifies this role. Policy and actors The EU's foreign relations are dealt with either through the Common Foreign and Security Policy decided by the European Council, or the economic trade negotiations handled by the European Commission. The leading EU diplomat in both areas is the High Representative Josep Borrell. The council can issue ''negotiating directives'' (not to be confused with directives, which are legal acts) to the Commission giving parameters for trade negotiations. A limited amount of defence co-operation t ...
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North Korea–European Union Relations
European Union–North Korea relations are the foreign relations between the European Union and the country of North Korea. Bilateral relations between North Korea and the EU date back to the 1990s. In this article, DPRK is a shorthand name for the Democratic People's Republic of Korea, commonly known as North Korea. Political relations The EU has a policy of "critical engagement" towards North Korea. The EU wishes to help the DPRK "promote peace and stability on the Korean peninsula, in particular through support for international efforts to promote denuclearisation and an improvement in the human rights situation". The European Union first started diplomatic relations with DPRK in May 2001 and most EU countries have since made diplomatic relations with the DPRK. The EU has routinely mentioned the human rights situation in the DPRK bilaterally and through United Nations (UN) bodies, including co-sponsoring country resolutions. The EU still is concerned about human rights violati ...
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South Korea–European Union Relations
The European Union (EU) and the Republic of Korea (South Korea) are important trade partners: Korea is the EU's ninth largest export market for goods, and the EU is Korea's third largest export destination. The two have signed a free trade agreement which came into effect at end of 2011. Furthermore, South Korea is the only country in the world with the three agreements covering economics, politics and security in effect as of 2020. Agreements The first EU–South Korea agreement was Agreement on Co-operation and Mutual Administrative Assistance in Customs Matters (signed on 13 May 1997).Bilateral relations Korea
European Commission
This agreement allows the sharing of competition policy between the two parties. The second agreement, the Framewo ...
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