Unresolved
South Korea will not submit a formal CPTPP application in 2026, and will instead unveil an expanded farmer and fisher compensation fund, likely exceeding 1 trillion won, before any Cabinet decision to apply.
Fishing cooperative leaders this week cited a 2015 Korea-China FTA fund that only reached 300 billion won of its promised 1 trillion won target, fuelling demands for a credible payout before talks proceed. Deputy PM Koo Yun-cheol's pledge to "communicate sincerely" signals a prolonged consultation phase, not an imminent bid.
Fishing cooperative leaders this week cited a 2015 Korea-China FTA fund that only reached 300 billion won of its promised 1 trillion won target, fuelling demands for a credible payout before talks proceed. Deputy PM Koo Yun-cheol's pledge to "communicate sincerely" signals a prolonged consultation phase, not an imminent bid.