ISDS Case Map
Korea
A cargo plane that departed from Chicago arrived at Incheon International Airport at 7:39 a.m. Thursday. The plane was the first vehicle to bring U.S. freight to Korea since the bilateral free trade agreement took effect Thursday.
The Australian Meat Industry Council says Australian beef exporters need a free trade agreement with Korea.
China should accelerate its steps in advancing a free trade agreement with Japan and South Korea and promoting the integration of the Asian economies, the Ministry of Commerce said on Friday.
As the South Korea-United States Free Trade Agreement (KORUS FTA) takes effects Thursday, some are expecting new trade pressures from the US, including moves to open the beef market. In particular, South Korea will be forced to sit down at the negotiating table if the US requests negotiations on beef.
South Korea's exports to the European Union (EU) fell after the implementation of the Seoul-Brussels free trade deal due to the region's deepening debt crisis, a report showed Monday.
With just days left before the implementation of the US-Korea free trade agreement Washington is drawing attention to a little publicized area of the trade treaty, the part covering the pricing of medicine in Korea. The US says it wants more transparency; the Korean pharmaceutical industry says it wants to maintain control over pricing domestically.
Korean livestock farmers will receive cash assistance from the government if the price of their products drop after the Korea-US free trade agreement comes into effect on 15 March. This is one of the latest measures laid out by the agriculture ministry.
Australian beef exporters have been caught in the fallout from the US-Korea free trade agreement, which will start next month. The Korean Government has effectively put any discussions on an Australian agreement on hold because, industry sources indicate, the US agreement has created so much angst in Korea.
Five years of negotiations on a bilateral investment treaty among Korea, China and Japan will be concluded at the 13th round of talks in Tokyo Tuesday. The agreement covers protection of intellectual property rights and liberalization of investment.
When Korea's Ministry of Foreign Affairs and Trade attempted to hold a first public hearing last Friday to listen to concerns about an FTA with China, farmers shut it down.
