The Agreement was signed by EU Trade Commissioner Karel De Gucht, the Belgian Minister of Foreign Affairs Steven Vanackere representing the Presidency of the Council of the European Union and the Korean Minister for Trade Kim Jong-hoon on 6 October 2010 and backed by the European Parliament on 17 February 2011.
Lepingule kirjutasid 6. oktoobril 2010 alla ELi kaubandusvolinik Karel De Gucht, Belgia välisminister Steven Vanackere, kes esindas Euroopa Liidu Nõukogu eesistujariiki, ja Korea kaubandusminister Kim Jong-hoon.