- Registration date2025-03-11
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Attached file
Minister for Trade Inkyo Cheong of the Republic of Korea and European Commissioner for Trade and Economic Security Maroš Šefčovič co-chaired the 12th Korea-EU FTA Trade Committee (“Committee”) meeting on March 10 in Brussels, Belgium, with the participation of both sides’ delegations including the European Commission’s Deputy Director-General for Trade Maria Martin-Prat.
At the meeting, the two sides discussed various issues including sanitary and phytosanitary (SPS) measures, electric vehicle (EV) subsidies, market access, and trade and sustainable development (TSD). The Korean delegation requested the EU’s swift implementation of import approval procedures for Korean fresh beef and a review of France’s EV subsidy policy, in addition to market access issues concerning the EU’s battery regulation, steel safeguard, fluorinated greenhouse gas (F-gas) regulation, and the Carbon Border Adjustment Mechanism (CBAM).
Agreeing on the need for discussions regarding supply chains and such new trade issues, they decided to launch the Committee on Emerging Trade and Economic Issues within the Korea-EU FTA. Moreover, the Committee meeting served as an occasion for confirming the conclusion of the Korea-EU Digital Trade Agreement (DTA), which will undergo legal scrubbing and other domestic procedures going forward.