EU-Korea FTA: a stepping stone towards better subsidies' control at the international level* On 15 October 2009 a free trade agreement (FTA) between Korea and the EU, the EU's first with a trading partner in Asia, was initialled . It is the most ambitious FTA ever negotiated by the EU, containing the most comprehensive deal on subsidies of any bilateral trade agreement so far. For the first time a bilateral trade agreement will contain substantive WTO+ rules on subsidies on goods that are enforceable through bilateral dispute settlement with commercial sanctions. II. The Global Europe strategy bears first fruits In its Global Europe communication  of 2006, the Commission set out how the renewed Lisbon strategy for growth and jobs  should be supplemented with an external
The EU Council signs a Free Trade Agreement with the South Korean Government containing for the first time WTO+ rules on subsidies that are enforceable through bilateral dispute settlement with commercial sanctions
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