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DFA STATEMENT ON THE ENTRY INTO FORCE OF THE FREE TRADE AGREEMENT (FTA) BETWEEN THE PHILIPPINES AND THE REPUBLIC OF KOREA

MANILA 03 January 2025 - The Department of Foreign Affairs (DFA) adds its voice in welcoming the entry into force of the Free Trade Agreement (FTA) between the Philippines and the Republic of Korea (ROK) on 31 December 2024.

The implementation of this landmark agreement marks another milestone in Philippines-ROK relations, which have been elevated to a 'Strategic Partnership' since October 2024.

The DFA looks forward to seeing the enduring collaboration between the Philippine and ROK Governments towards forging stronger economic ties, with the FTA as a significant instrument. END

Other News

November 11, 2025
PH AMBASSADOR RECEIVES ROK CANDIDATE TO THE INTERNATIONAL COURT OF JUSTICE, JUDGE JIN HYUN PAIK

SEOUL, 6 November 2025 — Ambassador-designate Bernadette Therese C. Fernandez received Judge Jin Hyun Paik, the Republic of Korea’s candidate to the International Court of Justice (ICJ) for the 2027–2036 term, during a courtesy call at the Philippine Embassy in Seoul.

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October 30, 2025
SECRETARY OF FOREIGN AFFAIRS MA. THERESA P. LAZARO ARRIVES IN KOREA FOR THE APEC MINISTERIAL MEETING

BUSAN, 29 October 2025 — Secretary of Foreign Affairs Ma. Theresa P. Lazaro arrived in Busan on 29 October 2025 to participate in the 36th APEC Ministerial Meeting (AMM) to be held in Gyeongju, Republic of Korea, from 29 to 30 October 2025.

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October 30, 2025
LANDBANK OFFICIAL CALLS ON PH AMBASSADOR

15 October 2025 - Overseas Representative Officer Oliver F. Bautista of the Overseas Filipino Services Department of Landbank paid a courtesy visit to Ambassador-designate Bernadette Therese Fernandez on 15 October 2025.  Mr. Bautista discussed the current financial services offered by Landbank that Overseas Filipinos (OFs) in the Republic of Korea can avail of, including the GoBayani digital savings account, which the bank launched in 2024 and provides OFs access to the bank’s digital banking services and conveniently perform other transactions online such as sending funds to their relatives in the Philippines and digital payment of their bills.  OFs can fully open the GoBayani account with no initial deposit and maintaining balance via their smartphones.

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