The Korea-Australia Free Trade Agreement (KAFTA) was signed on 8 April 2014 in Seoul. It entered into force on 12 December 2014. KAFTA is a bilateral agreement that liberalises Australia’s trade 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.
To learn more about visas, tax requirements, priority business and product sectors visit Doing business in Korea
Please visit the KAFTA page on the Department of Foreign Affairs and Trade website for comprehensive information and the full text of the agreement.