South Korea and 22 European Union (EU) countries have revised the "horizontal aviation pact" to include expansion of their air routes, the transport and foreign ministries announced.
The agreement includes seeking technological exchanges in helicopter production and aircraft parts cross-certification.
South Korea signed a "horizontal aviation pact" with 23 EU nations, including Britain. But the latter's exit from the EU required a revision in the pact.
Yoon Soon-gu, South Korean ambassador to Belgium and the EU, and his counterpart from the EU signed the revised pact with the 22 EU nations.
The agreement allows all airlines of the 22 EU nations to conduct flights from any of the signing countries to South Korea, providing customers more options.
South Korea has a separate aviation agreement with Britain.
Currently, carriers are only allowed to fly to South Korea from their countries of origin.
Of the 27 EU members, Cyprus, Estonia, Ireland, Lithuania, and Slovenia have not signed aviation agreements with South Korea.


Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook
USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations
Federal Reserve Begins Treasury Bill Purchases to Stabilize Reserves and Money Markets
Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook
U.S. Stocks Slip as Gold Rebounds Ahead of Year-End, Markets Eye 2026 Outlook
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom
Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes
Trump Delays Tariff Increases on Furniture and Cabinets for One More Year
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion
South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets
U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry
South Korea Exports Hit Record High as Global Trade Momentum Builds 



