Kim Hyun-jong, Korea's trade minister of the Ministry of Foreign Affairs and Trade, and Robert Portman, the United States Trade Representative, declared the start of preliminary ROK-U.S. ROK-U.S. free trade agreement (FTA) negotiations at a joint press conference in the main hall of Capitol Building in Washington D.C. yesterday.
U.S. Trade Representative Rob Portman's newly announced plan to pursue a sweeping free trade agreement with South Korea is a bold step that, if done fairly, would be a win-win for the two nations, with long-term benefits for our economy.
Over the past few years, East-Asian nations have signed many trade agreements and quickened the pace of economic integration. The exclusion of Taiwan from this process is a cause for concern.
The five-nation Andean community has agreed to create a special tariff regime with the European Union (EU) to ease the path to a free trade agreement, the regional bloc said in a statement published here on Thursday.
Disagreements on issues like agriculture are forcing the Colombian government on Friday to delay the possible signing of the free trade agreement (FTA) with the United States, scheduled for this weekend.
The Semiconductor Industry Association (SIA) today applauded United States Trade Representative Rob Portman for initiating talks with Korea on a Free Trade Agreement.
The launch of free trade negotiations between Seoul and Washington Friday marks another watershed in the two allies' overall relationship. Particularly in economic areas, the two countries will almost become one with 90 percent of trade being made without tariffs in a decade. Doubts are still strong about the need for hurrying into a free trade agreement with the world's largest economy, but the die is cast. This is no longer a matter of whether or not but of how and what kind.
Members of the local film industry on Wednesday started their all-night relay rally against the government's decision to halve the screen quota system.
The relationship between Korea and the United States until now was a firm security alliance to prevent the spread of communism. The announcement of free trade agreement negotiations is an expression of a will to establish a more developed general alliance, not only in ideology and military on a security level, but also in economic gains.
South Korea and the United States announced Thursday they will start negotiations for a free trade agreement (FTA). Formal negotiations will begin in May
Angry farmers have broken up a public hearing to discuss impending talks between South Korea and the US on establishing a Free Trade Agreement (FTA), officials said.
Reeling from the negative publicity and pro-access to medicines messaging in Thailand and internationally, the Office of the US Trade Representative (USTR) has mounted a public relations campaign full of distortions and omissions.
