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Korea, Ecuador sign strategic economic cooperation agreement to expand ties

Summary by The Korea Times
Korea and Ecuador signed a formal bilateral Strategic Economic Cooperation Agreement (SECA) on Tuesday to expand ties amid global trade uncertainties, Seoul's industry ministry said. The agreement was signed during a meeting between Korean Trade Minister Yeo Han-koo and his Ecuadorian counterpart, Luis Alberto Jaramillo, in Seoul, according to the Ministry of Trade, Industry and Energy. SECA is an economic cooperation agreement that covers broad…

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Ecuador and South Korea signed the Strategic Agreement on Economic Cooperation (SECA) in Seoul on Tuesday, September 2, the Ministry of Production, Foreign Trade and Investment reported.

The commercial agreement, signed in Se l by authorities of both countries, allows 98% of the Ecuadorian exportable offer to enter with tariff benefits to the duod top economic power of the world.

The trade agreement with South Korea will allow Ecuadorian products to enter that market with tariff benefits once the treaty enters into force. Authorities from Ecuador and South Korea signed the Strategic Economic Cooperation Agreement (SECA) on September 2, a treaty that will facilitate

In the South Korean capital, the governments of Ecuador and South Korea signed the Strategic Economic Cooperation Agreement, known as SECA. The document was signed by the Minister of Production, Luis Alberto Jaramillo, and his trade counterpart, Yeo Han-Koo. The agreement covers 16 areas, including investment, infrastructure, energy security and phytosanitary measures. With its entry into force, traditional products such as shrimp, bananas, coff…

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연합뉴스-Yonhap News Agency broke the news in Korea, Republic of on Tuesday, September 2, 2025.
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