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3. ASEAN +Korea
The ASEAN-Korea FTA took effect on June 1, 2007 (ARIC, 2012). Due to concerns about
agriculture, particularly the deal’s provisions on rice and livestock, Thailand negotiated
separate arrangements with the Korean government to join the pact in early 2009. In
November 2007, Korea and ASEAN signed the ASEAN-Korea FTA Trade in Services
Agreement, which came into force in May 2009. Furthermore, in June 2009, Korea and
ASEAN signed the ASEAN-Korea FTA Investment Agreement, which entered into force in
September 2009.
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