Korea-Australia Free Trade Agreement (KAFTA)

Overview

The Korea-Australia Free Trade Agreement (KAFTA) was signed on 8 April 2014 in Seoul by Australia’s Minister for Trade and Investment Andrew Robb and his Korean counterpart, the Minister for Trade, Industry and Energy, Minister Yoon Sang-jick, and entered into force on 12 December 2014.

Understanding KAFTA

The full text of the agreement as well as helpful FTA information and factsheets are available on the Department of Foreign Affairs and Trade (DFAT) website For specific questions on the agreement, email KoreaFTA@dfat.gov.au or phone DFAT on 02 6261 1111.

Doing business with Korea

Before entering the Korean business market there are a number of factors to take into account including culture, politics and business etiquette.

Austrade can help Australian companies familiarise themselves with local market conditions, as well as assist in developing export opportunities through a range of in-market and Australian-based services.

Please start by reviewing the extensive information about doing business in Korea.

Opportunities