Overview of investment treaty programme
1. What are the key features of the investment treaties to which this country is a party?
South Korea
(a) BITs/MITs
BIT contracting party or MIT | Substantive protections | Procedural rights | ||||||
---|---|---|---|---|---|---|---|---|
Fair and equitable treatment (FET) | Expropriation | Protection and security | Most-favoured-nation (MFN) | Umbrella clause | Cooling-off period | Local courts | Arbitration | |
Albania (15 December 2003) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Algeria (30 September 2001) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Argentina (24 September 1996) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Armenia (3 October 2019) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Austria (1 November 1991) |
Yes |
Yes |
Yes |
Yes |
Yes |
3 months |
No |
Yes |
Azerbaijan (25 January 2008) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Bangladesh (6 October 1988) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
No |
Yes |
Belarus (9 August 1997) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Belgium-Luxembourg Economic Union (3 September 1976) |
Yes |
Yes |
Yes |
Yes |
No |
None |
Yes |
Yes |
Bolivia (4 June 1997) (terminated 4 June 2019) |
Yes | Yes | No | Yes | Yes | 6 months | Yes | Yes |
Brazil (not in force, text not publicly released) |
||||||||
Brunei (30 October 2003) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Bulgaria (16 November 2006) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Burkina Faso (14 April 2010) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Cambodia (12 March 1997) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Cameroon (13 April 2018) |
||||||||
Colombia (not in force, text not publicly released) |
||||||||
China (1 December 2007) |
Yes |
Yes |
Yes |
Yes |
Yes |
4 months |
Yes |
Yes |
China–Japan (17 May 2014) |
Yes |
Yes |
Yes |
Yes |
Yes |
4 months |
Yes |
Yes |
Congo (13 August 2011) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Congo (not in force, text not publicly released) |
||||||||
Costa Rica (25 August 2002) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Croatia (31 May 2006) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Czech Republic (16 March 1995) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
No |
Yes |
Denmark (2 June 1988) |
Yes |
Yes |
Yes |
Yes |
Yes |
3 months |
No |
Yes |
Dominican Republic (21 May 2008) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Egypt (25 May 1997) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
El Salvador (25 May 2002) |
Yes |
Yes |
Yes |
Yes |
Yes |
3months |
No |
Yes |
Finland (11 May 1996) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
France (1 February 1979) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
Germany (15 January 1967) |
Yes |
Yes |
Yes |
Yes |
Yes |
None |
No |
Yes |
Greece (4 November 1995) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Guatemala (17 August 2002) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Guyana (20 August 2006) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Honduras (19 July 2001) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Hong Kong (30 July 1997) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Hungary (1 January 1989) |
Yes |
No |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
India (terminated 12 May 2017) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Indonesia (10 March 1994) |
Yes |
Yes |
Yes |
Yes |
No |
12 months |
Yes |
Yes |
Iran (31 March 2006) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Israel (19 June 2003) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Italy (26 June 1992) |
Yes |
Yes |
No |
Yes |
No |
6 months |
No |
Yes |
Jamaica (5 November 2007) |
Yes |
Yes |
Yes |
Yes |
Yes |
9 months |
Yes |
Yes |
Japan (1 January 2003) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
No |
Yes |
Jordan (25 December 2004) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Kazakhstan (26 December 1996) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Kenya (3 May 2017) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Kuwait (31 August 2007) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
No |
Yes |
Kyrgyzstan (8 July 2008) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Laos (14 June 1996) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
No |
Yes |
Latvia (26 January 1997) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Lebanon (21 December 2006) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Libya (28 March 2007) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Lithuania (9 November 1993) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Malaysia (31 March 1989) |
Yes |
Yes |
Yes |
Yes |
No |
3 months |
Yes |
Yes |
Mauritania (21 July 2006) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Mauritius (7 March 2008) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Mexico (27 June 2002) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Mongolia (30 April 1991) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Morocco (8 May 2001) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Myanmar (31 October 2018) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Netherlands (1 March 2005) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Nicaragua (22 June 2001) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Nigeria (1 February 1999) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Oman (10 February 2004) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Pakistan (15 April 1990) |
Yes |
Yes |
Yes |
Yes |
Yes |
None |
No |
No |
Panama (8 February 2002) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Paraguay (6 August 1993) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Philippines (25 September 1996) |
No |
Yes |
No |
Yes |
No |
3 months |
Yes |
Yes |
Poland (2 February 1990) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Portugal (11 August 1996) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Qatar (16 May 1999) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Romania (11 January 2008) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Russia (10 July 1991) |
Yes |
Yes |
Yes |
Yes |
Yes |
3 months |
No |
Yes |
Rwanda (16 February 2013) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Saudi Arabia (19 February 2003) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Senegal (2 September 1985) |
Yes |
Yes |
No |
Yes |
No |
6 months |
No |
Yes |
Slovak Republic (7 February 2006) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
South Africa (6 June 1997) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Spain (19 July 1994) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
No |
Yes |
Sri Lanka (15 July 1980) |
Yes |
Yes |
Yes |
Yes |
No |
12 months |
Yes |
Yes |
Sweden (18 June 1997) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Tajikistan (13 August 1995) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Tanzania (not in force) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
No |
Yes |
Thailand (30 September 1989) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
No |
No |
Trinidad and Tobago (27 November 2003) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Tunisia (28 November 1975) |
Yes |
Yes |
Yes |
Yes |
No |
None |
No |
Yes |
Ukraine (3 November 1997) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
United Arab Emirates (15 June 2004) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
United Kingdom (4 March 1976) |
Yes |
Yes |
Yes |
Yes |
Yes |
3 months |
Yes |
Yes |
Uruguay (8 December 2011) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Uzbekistan (20 November 1992) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
No |
Yes |
Vietnam (5 June 2004) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
Zimbabwe (not in force, text not publicly released) |
||||||||
ASEAN (1 June 2007) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Australia (12 December 2014) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Canada (1 January 2015) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Republics of Central America FTA (1 October 2019) |
Yes |
Yes |
Yes |
Yes |
No |
8 months |
Yes |
Yes |
Chile (1 April 2004) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
China (20 December 2015) |
Yes |
Yes |
Yes |
Yes |
No |
4 months |
Yes |
Yes |
Colombia (15 July 2016) |
Yes |
Yes |
Yes |
Yes |
No |
8 months |
Yes |
Yes |
EFTA (10 January 2006) |
Yes |
Yes |
Yes |
Yes |
Yes |
6 months |
Yes |
Yes |
European Union (1 July 2011) |
No |
No |
No |
Yes |
No |
None |
No |
No |
India CEPA (1 January 2010) |
Yes |
Yes |
Yes |
No |
No |
6 months |
Yes |
Yes |
Indonesia CEPA (not in force) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
New Zealand (20 December 2015) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Peru (1 August 2011) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
Singapore (2 March 2006) |
Yes |
Yes |
Yes |
No |
No |
6 months |
Yes |
Yes |
Turkey (1 August 2018) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |
United States (15 March 2012) |
Yes |
Yes |
Yes |
Yes |
No1 |
6 months |
Yes |
Yes |
Vietnam (20 December 2015) |
Yes |
Yes |
Yes |
Yes |
No |
6 months |
Yes |
Yes |