ISDS Case Map
Korea
Trade minister Park Tae-ho has declared the opening of free trade agreement negotiations with China, but a rough road lies ahead. In addition to concerns about the major blow an FTA would deal to the domestic agriculture and fishing sectors and small manufacturers, questions are also being raised about the economic effects of recent FTAs with the European Union and United States.
On May 2, South Korea and China formally announced the beginning of negotiations toward a bilateral free trade agreement.
Major concerns about a potential South Korea-China free trade agreement are already being voiced by the agriculture community and small manufacturers.
Controversial KORUS FTA clause could lead to ‘legal chaos’, says Korea's top legal body
South Korean agriculture officials are considering whether to formally suspend delivery of US beef to stores by halting quarantine inspections, preventing it from clearing customs.
Costa Rica plans to start negotiating free trade agreements with South Korea and Colombia this year and complete an accord with members of the European Free Trade Area by October, the country’s trade minister said.
On April 17 and 18, ahead of the proclamation of the beginning of negotiations for a China-Korea FTA, economic and diplomatic experts from both countries gathered in Seoul and discussed methods of drafting the FTA.
Beijing and Seoul's positions have been "reasoned and well communicated" as they prepare for formal negotiations on a bilateral free trade agreement that is expected soon, Kim Min-cheol, one of Seoul's major negotiators, said in an exclusive interview with China Daily.
A coalition of left of centre parties is well positioned to win South Korea’s parliamentary elections on Wednesday with a platform of improving social services and renegotiating a free-trade pact with the United States.
Prices of certain imports from Europe and the U.S. have remained the same despite tariff cuts from free trade agreements with both economic blocs, the Fair Trade Commission in Seoul said Thursday.
