ISDS Case Map
food safety | SPS
South Korean negotiators have won a new concession from US officials regarding the American beef import agreement, with the new clause giving Seoul "quarantine and inspection sovereignty," government sources said Monday.
While the FTA delivers on Lee's pledge to double South Korea's wealth if elected and lets the U.S. rebuild its Asian beef trade obliterated by a mad cow scare five years ago--especially exports to China and Japan--many in South Korea are saying, "You want us to import WHAT"?
In a move that may help negotiators to move ahead with the proposed India-European Union free-trade agreement (FTA), the Indian government has forwarded two significant suggestions to the EU to settle the wrangling on it's health-related trade rules.
Not everyone was disappointed when the Doha round of trade talks got bogged down in endless wrangling. After all, the United States and the European Union were pushing developing countries to liberalise their economies still further, while refusing to abolish their own agricultural subsidies. Better no trade deal than a bad one, or so we thought.
Agriculture minister Chung Woon-chun told lawmakers that Seoul will take the unilateral step even if such a move could lead to trade disputes with Washington.
South Koreans opposing the government's decision to import most US beef cuts vowed to continue candlelight vigils later Tuesday despite a police warning to stay away from political rallies.
Some 10,000 South Koreans gathered in Seoul late Friday to peacefully protest the government's decision to resume US beef imports, despite outcry over the safety of the product once banned over concersn of mad cow disease.
The United States and Korea concluded an agreement on April 18, 2008 to fully reopen
South Korea's market to all US beef and beef products irrespective of whether or not the FTA is ratified
South Korea on Friday agreed to open up to U.S. beef imports after Washington pledged to raise safety standards, boosting prospects for a sweeping trade deal ahead of a summit between leaders of the allies later in the day.
